How Did the Plymouth Company Endeavor to Create a Colony

question 22

Multiple Choice

How did the Plymouth Company endeavor to create a colony in New England differ from previous English colonies like Jamestown?

• A) It had a strong religious component and goal.
• B) It lacked backing by a royal charter.
• C) It involved no debts to the crown.
• D) It was not a business venture.

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Definitions:

Income Tax Withholding

The process by which employers withhold a portion of employees' salaries or wages to pay directly to the government as an advance payment of income tax.

Payroll Tax Expense

Taxes that are incurred by an employer based on the wages and salaries paid to employees, including social security taxes, Medicare taxes, and unemployment taxes.

FICA Taxes

Federal taxes in the United States that fund Social Security and Medicare, required to be withheld from employees' paychecks.

State Income Taxes

State-specific levies on the earnings of individuals and businesses within their territories.