Chapter 2 Vocabulary

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Across
  1. 4. the more a person makes, the higher the rate of taxation
  2. 8. same rate of taxation paid by all taxpayers
  3. 10. child or other person whom an individual is supporting financially
  4. 12. contributes to retirement and disability benefits
  5. 13. final calculated amount of a paycheck after federal taxes, FICA taxes, and state taxes are withheld
  6. 14. portion of an insurance claim for which the policy holder is responsible
  7. 15. anything of value that is offered or provided to employees in addition to wages
Down
  1. 1. percentage of the employee's gross pay that is withheld from each paycheck
  2. 2. amount something is worth in money alone
  3. 3. increase in pay
  4. 5. any costs an employee has to pay because of the job he or she was hired to do
  5. 6. payment employees make for the cost of benefits
  6. 7. payment for taking on additional work duties or for completing work-related classes
  7. 9. federal health insurance program for people over 65 years old
  8. 11. portion of earnings taxed when a person files his or her tax return