Week 31 Vocab Flashcard

Front

Something you pay is called...

Back

an expense

Front

Money received before taxes is called:

Back

gross income

Front

Money spent, shared, or saved.

Back

expense

Front

A spending or savings plan.

Back

budget

Front

A portion of the value of items paid to a government, applicable to cars, houses, boats, or land.

Back

property tax

Front

Money added to the cost of items or services.

Back

sales tax

Front

Money paid to a government based on income. I (the employee) pay it.

Back

income tax

Front

Money earned

Back

income

Front

Total tax withheld from a paycheck

Back

Payroll Tax

Front

Money left after taxes

Back

Net Income