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Before You Start Searching for Information for a Research Project

question 5

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Before you start searching for information for a research project, it is MOST important to


Definitions:

Corporate Income

Refers to the total earnings or profit generated by a company before tax.

Payroll Taxes

Taxes imposed on employers and employees, calculated as a percentage of the salaries that employers pay to their staff.

Sales Taxes

Taxes imposed by governments on the sale of goods and services, typically calculated as a percentage of the sales price.

Federal Spending

The total amount of money spent by the federal government of a country on various national programs, services, and obligations.

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