Different Payment Methods

What type of tax helps fund Medicare and social security?

What tax do you get back when you retire or become disabled?

The sales tax on all purchases is always the same, no matter where you live.

Which is more? Gross income or net income?

If payroll taxes total $245, and the payroll check received was $2,405, what was the gross income earned?

Gross Income: $1,567.69

Payroll Taxes: ?

Net Income: $1,348.31

Calculate the payroll taxes.

Shelley went shopping and noticed the amount she had to pay was $1.39 more than the toy she was buying. What type of tax did she have to pay?

The Smiths got a bill in the mail for $5,087. They had recently purchased a new piece of land out in the country. What type of tax were they being billed for?

Jill was shopping and she filled out and signed a paper allowing her bank to pay the amount of the purchase. What method of payment did she use?

When you decide to buy something using a small plastic card and promise to pay the company back at a later date you are using a -