Thursday, November 8, 2012
Taxes
Most people that have jobs have a Salary. He boss keeps a Payroll too keep track of what amount of money his employee's makes. The Net Pay is all your taxes added up. Federal , Social Security , State , Medicare , Pension , and Gross Pay Taxes. The state makes you pay your text so if you don't they just take it out of your check. Your Pension is you retirement money. You Gross Pay is all you money you have made overtime working all hours. Medicare Tax pay for your medicine of any time of prescription when your sick. State Tax you pay to keep your money coming too you form the state. The State Tax is important because if you even need need with money they help you out but eventually when you get back on track you have too pay them back. Social Security is one of the largest government, if someone passes aways and does not have enough money too pay for a service the Social Security will help. Elderly people that do not work get a social security check too help with bills and food.
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