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4.02

TermDefinition
Government The system of governance that provides structure, protection, and services to people residing in a nation, state, county, or municipality
Income Tax Tax on earned income, usually at the federal or state level in the US
Non-Profits Organizations that exist for human service, conservation, religious, or other charitable purposes to benefit others. These organizations are not required to pay taxes
Property Tax Tax on property such as land, houses, or cars
Sales Tax Tax on items purchased in retail stores
Taxpayer Person who pays a tax to national, state, county, or municipal governments
Created by: kalyncaudle
Popular Finance sets

 

 



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