What Does the Prefix Micro- Mean

question 24

Short Answer

What does the prefix micro- mean?

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Definitions:

Tax Burden

The measure of taxes that an individual or business must bear, often expressed as a percentage of income or profit.

Legal Assignment

The transfer of a property right or title to some particular benefit, usually from one party to another, under the terms of a legal agreement.

Social Security Tax

A tax that funds the Social Security program, which is levied on both employers and employees to provide financial assistance to retirees, disabled individuals, and survivors.

Withholding Rate

The percentage of an employee's pay that is not included in their take-home pay because it is held back for taxes.