-advertisement -
Financial Literacy - Taxes
Tax planning tool kit
Calculators, work sheets and resources to help make paying taxes almost painless.
Taxes made easy

Tax glossary

The yearly ritual of filing taxes needn't be filled with fear and dread. Get a handle on the basics with this glossary of commonly used tax terms.

Estate planning terms to know:

1. Ability to pay -- A principle of taxation. Individuals who earn more income pay more tax, not because they use more government goods and services but because taxpayers who earn more have the ability to pay more. The progressive tax, or higher tax rates for people with higher incomes, is based on this principle.

-- Posted: Dec. 17, 2007
Page | 1 | 2 | 3 | 4 | 5 | 6 |

- advertisement -
- advertisement -