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PF- 2.02 vocabulary

AB
CommunityA group of people with common interests and concern for the common good
Earned incomeMoney earned from working for pay
Excise taxTaxes collected from the seller or retailer and as such often remain "hidden" in the price of a product or service, rather than being listed seperately
Income taxA tax on earned and unearned income
Payroll taxA tax on earned income
Property taxA tax on property, such as land, buildings (including homes), and automobiles
Sales taxA tax on purchased goods and services
TaxesA sum of money demanded by a government to support the government itself as well as specific facilities or services
TaxpayerA person who pays a tax to a national, state, county or municipal goverments
Unearned incomeIncome received from sources other than employment


Teacher
East Burke High School
Connelly Springs, NC

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