Unit 3 Taxes Crossword

The total amount of income earned in a pay period
Amount of income after deductions
Amounts subtracted from your paycheck
The sum of salary and benefits
Monetary compensation
Extras given to employees
1.5 times your normal rate for extra hours
Wages earned as a percent of sales
Extra income paid by patrons
Extra income paid for exceptional performance
Tax rate increases as the taxable amount increases
Causes the poor to pay more % of their income than the wealthy
Tax system with a constant marginal rate
Tax on money spent
Tax imposed by the government on the sale of goods and services
Taxes paid when purchases are made on a specific good
Tax on items considered undesirable or harmful
Tax on real estate holdings
Tax paid when investments are sold for a profit
Tax paid by an heir
Tax levied on the wealth of someone who dies
Taxes on employers or employees calculated as a % of earnings
Tax to fund government sponsored retirement program
Federal Insurance Contributions Act
Payroll tax that funds the hospital insurance plans
Tax on salary and other wages
Income tax rates are divided into
Tax rate incurred on each additional dollar of income