Because of the Colonists' Fears That a Central Government Would

question 2

Multiple Choice

Because of the colonists' fears that a central government would tax its citizens abusively, all bills regarding taxation and revenue must originate in which body of the federal government?

• A) the House of Representatives
• B) the Senate
• C) the Supreme Court
• D) the president's cabinet

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Definitions:

Net Pay

The take-home pay an employee receives after deductions such as taxes and retirement contributions.

Federal Income Tax

The annual income of individuals, corporations, trusts, and other legal entities is subject to a tax imposed by the IRS.

FICA Tax Rate

The combined percentage rate for Social Security and Medicare taxes that both employees and employers must pay based on earned income.

Hourly Wage

Compensation based on the number of hours worked, typically paid to employees on an hourly rather than salary basis.