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