Taxes
taxes
Amount of money citizens and businesses are required to pay so that the government can function and provide services
sales tax
the tax you pay when you buy something
excise tax
hidden tax on products like alcohol and tobacco
income tax
tax you pay on money you receive from various sources
Social security
federal programs that provide benefits for retirees, the disabled, and children of deceased workers
medicare
the federal government's health care system for people age 65 and over
property tax
is a tax assessed on real estate
estate tax
a tax levied on the net value of the estate of a deceased person before distribution to the heirs
tariff
a tax or duty to be paid on a particular class of imports or exports