Politics and Economics Vocabulary
2 Mr.
Thacker
Section 4: Taxation
and CWP
Identify and/or Explain
- Fiscal
year
- “pay-as-you-earn
- Ability-to-pay
- Withholding
- Tax
return
- Taxable
income
- Personal
exemptions
- Deductions
- IRS
- Tax
brackets
- Corporate
income tax
- FICA
- Social
Security
- VAT
tax
- Medicare
- Unemployment
taxes
- Excise
tax
- Estate
tax
- Gift
tax
- Tariffs
- Tax
incentive