1. Match the Vocabulary word with the definition below. a. Payments to governments that are then used for public goods and services. 1. FICA tax 2. Medicare b. A certain percentage is taken out of...


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1. Match the Vocabulary word with the definition below.<br>a. Payments to governments that are then used for<br>public goods and services.<br>1. FICA tax<br>2. Medicare<br>b. A certain percentage is taken out of your income<br>and is used to fund this program.<br>3. Payroll Taxes<br>c. This is money that is withheld from your paycheck<br>by your employer and given to the government to<br>4. Taxes<br>use.<br>5. Property Taxes<br>d. FICA tax, Medicare tax, federal income tax, state<br>income tax, and other local taxes are all part of a<br>specific tax.<br>6. Income Tах<br>e. Government income that they get from taxes.<br>7. Internal Revenue Service<br>f. You pay these taxes if you own a home, boat, car,<br>ATV, etc.<br>8. withholding<br>g.

Extracted text: 1. Match the Vocabulary word with the definition below. a. Payments to governments that are then used for public goods and services. 1. FICA tax 2. Medicare b. A certain percentage is taken out of your income and is used to fund this program. 3. Payroll Taxes c. This is money that is withheld from your paycheck by your employer and given to the government to 4. Taxes use. 5. Property Taxes d. FICA tax, Medicare tax, federal income tax, state income tax, and other local taxes are all part of a specific tax. 6. Income Tах e. Government income that they get from taxes. 7. Internal Revenue Service f. You pay these taxes if you own a home, boat, car, ATV, etc. 8. withholding g. "Federal Insurance Contribution Act" that funds social security and Medicare. 9. Таx Revenue h. Taxes that you pay based on your salary, hourly wage, tips, or interest.

Jun 08, 2022
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