Econ

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Across
  1. 4. Spending Government spending beyond its income
  2. 6. Tax Taxes on large gifts
  3. 9. Tax Taxes on corporations
  4. 11. Year 12 month accounting period for financial planning
  5. 13. Debt Cumulative total of budget deficits
  6. 15. Capita Per person
  7. 16. of a Tax The entity that bears the burden of a tax
  8. 18. Break Lower taxes to encourage specific behaviors, or help lower-income taxpayers
  9. 19. Tax Taxes on property transferred after death
  10. 21. Out Effect When government borrowing reduces private investment
  11. 23. Tax Higher burden on lower-income taxpayers
Down
  1. 1. Tax Fixed percentage tax
  2. 2. Deficit Amount spent exceeding revenue
  3. 3. Sector Government controlled economic activities
  4. 5. Duties Taxes and fees on imported goods.
  5. 7. Money Currency declared legal tender by the government
  6. 8. Tax Higher rates for higher income earners
  7. 10. Taxes Taxes on sale of specific goods or services
  8. 11. Taxes to fund Medicare and Social Security
  9. 12. Sector Businesses and economic activities owned by individuals
  10. 14. to Pay Principle Those who can afford it should pay more
  11. 17. Benefits programs such as Social Security, Medicare, and SNAP
  12. 20. Principle of Taxation Entity that benefits should bear the burden
  13. 22. Taxes Taxes on products considered socially harmful