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What is the largest source of Federal Revenue?

FICA is a...

Income & Payroll

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Questions 10

Answers

1
FICA is a...
State Sales Tax
State Income Tax
Federal Tax on Capital Gains
Federal Tax on Wages from Work
2
What is the largest source of Federal Revenue?
Hunting/Fishing License Fees
Corporate Income Tax
Social Security Payroll Tax
Individual Income Tax
3
Which IS not a generally accepted source of income?
Employment
Interest/Capital Gains
Retirement/Pension/Government Transfers
Scratchies
4
The FICA tax for Social Security (or a Qualifying State Retirement System) is about...
30%
6%
15%
12%
5
FICA provides funding for which program?
Interstate Highway System
NASA
Social Security
Broadband Internet
6
A Health Insurance Premium is the...
Price, or cost, for health insurance
Health Insurance for Low Income folks
Health Insurance for Retired
Additional healthcare coverage
7
Capital Gains is when...
Your political party wins the most seats in an election year.
You pay more in tax than you owed.
You owe more in taxes than you paid.
When you sell property for more than you bought it.
8
The percentage of Americans who work for a small business (>1000 Employees)
20%
30%
50%
40%
9
Labor unions negotiate a variety of terms of employment, except....
Working Conditions (hours, safety measures, evaluation)
Benefits (Wages, Insurance)
Sick Time and PTO
Payroll Taxes
10
Deductions may be for charities, health insurance, or other services, however withholdings are generally for...
Taxes
Union Dues
Investments
Premiums