Across
- 5. Taxed on individual income earned and withheld from your pay.
- 7. An annual plan outlining proposed revenues (from taxes) and expenditures (spending) for the coming fiscal ye
- 9. Taxes>Spending
- 13. The total amount of money the U.S. government spends every year.
- 15. Part of FICA that provides healthcare to seniors regardless of income.
- 16. The percentage (%) of your income taxed decreases as your income increases.
- 19. State and Local tax of the value of property.
- 20. Tax covered by FICA (Federal Insurance Contributions Act). Used to provide the elderly and disabled with income.
- 24. Spending subject to the appropriations process.
- 25. mandatory contributions levied on individuals or corporations by a government entity
- 26. Taxes on imports that are paid by the importer (the person who brings the product into the United States).
- 27. the time period for spending and taxing.
Down
- 1. Taxes collected from U.S. citizens based on their individual income.
- 2. Taxes collected based on the profits of U.S. corporations.
- 3. Taxes collected to fund social insurance programs such as social security, medicare, unemployment insurance, etc.
- 4. Programs related to education, transportation, health, housing assistance, V.A. benefits, etc. that are non-mandatory.
- 6. Federal tax paid by the person who gives a gift.
- 8. Taxes paid to the national government as a percentage of corporate profits. Some states also charge corporate income taxes.
- 10. The percentage (%) of your income taxed increases as your income increases.
- 11. The percentage (%) of your income taxed is the same for all income levels.
- 12. Spending for entitlement programs.
- 14. Federal tax on the property of someone who has died.
- 17. Taxes<Spending
- 18. Taxes=Spending
- 21. A sales tax on specific items like gas, tobacco, and alcohol.
- 22. Taxes paid on purchases. All states, and some local governments, charge a sales tax.
- 23. Money allocated for paying off the national debt held by the public.