Unit #5 Crossword Puzzle - Taxes

4. Federal tax on the property of someone who has died.
8. State and Local tax of the value of property.
9. The president submits this to congress.
10. Part of FICA that provides healthcare to seniors regardless of income.
13. The time period for spending and taxing.
14. Taxes collected to fund social insurance programs such as social security, medicare, unemployment insurance, etc.
15. An annual plan outlining proposed revenues (from taxes) and expenditures (spending) for the coming fiscal year.
16. Money allocated for paying off the national debt held by the public.
17. Tax on individual income earned and withheld from your pay.
18. Taxes collected from U.S. citizens based on their individual income.
21. Total amount of money the government collects every year.
22. Spending subject to the appropriations process.
25. Taxes paid to the national government as a percentage of corporate profits.

1. House and senate subcommittees set funding for each program
2. Lawmakers release their own budget plans and set overall spending levels.
3. The total amount of money the U.S. government spends every year.
5. Tax covered by FICA (Federal Insurance Contributions Act). Used to provide the elderly and disabled with income.
6. Tax rate decreases as income increases
7. Spending for entitlement programs.
11. Federal tax paid by the person who gives a gift.
12. Tax rate stays the same for all incomes
19. Tax rate increases as income increases
20. Taxes paid on purchases.
23. Taxes on imports that are paid by the importer.
24. A sales tax on specific items like gas, tobacco, and alcohol.