Examlex
Federalism is a system of government in which the Constitution divides power between a central government and regional governments.
Wage-Earning Taxpayers
Individuals who receive income in the form of wages, salaries, or tips from employment.
Withholding
The practice of deducting taxes from an employee's salary by their employer, to pay it directly to the government as a part of the employee's income tax liability.
Form 1040EZ
A simplified tax form for individuals with uncomplicated tax situations, no longer in use as of the 2018 tax year.
Interest Income
Income earned from deposit accounts or investments through the receipt of interest.
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