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Original documents should be returned to their custodian as soon as they are copied.
Federal Revenue
The income received by the federal government from various sources like taxes, fees, and investments.
Personal Income
The total amount of income received by an individual from all sources before any taxes or deductions.
FICA Taxes
Taxes collected under the Federal Insurance Contributions Act that fund Social Security and Medicare programs.
Regressive
Pertaining to a tax system in which the tax rate decreases as the taxable amount increases, commonly considered less fair because it imposes a heavier burden relative to income on those with less.
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