TeachMeFinance.com - explain income tax
income tax The term 'income tax' as it applies to the area of basic math can be defined as 'a monetary charge levied by an authority for public purposes that is based on monies made from employment, business, or capital gains'.
About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.