| A | B |
| property tax | tax on the value of property |
| sales tax | tax on the dollar value of a good or service |
| Social Security | Old-Age, Survivors, or Disability Insurance |
| tax | required payment to local, state, or national government |
| tax return | form used to file income tax |
| balanced budget | budget where revenues are equal to spending |
| budget deficit | government spends more than it takes in |
| budget surplus | government takes in more than it spends |
| federal budget | plan for the government's revenues and spending for the coming year |
| national debt | all the money the federal government owes to bondholders |