SalesTax - a tax paid on good and services (ex. candy, toy, games), Propertytax - a tax paid on building, land, home, Income - money you EARN, Balanced Budget - when your spending equals your income, Debt - money you owe, gross - money you earn before taxes, net - money you earn after taxes, incometax - tax based on income, payrolltax - tax paid by the employer and employee to support government (ex. Social Security and Medicaid),

Financial Literacy

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