Is paid equally by the employer, and then by the employee

The income remaining after deducting taxes and other deductions. Often referred to as "take home" pay.

Is used to generate money to pay for things a community will use, such as schools and education, police and fire services, aid services to those less fortunate, the common defense, etc.

A written document instructing a bank to pay the amount of money noted from your account (payor) to a specific person or organization (payee).

Is a tax imposed by a government, usually a state or the Federal government, directly on income, such as a tax on personal income.

is an annual tax on the value of real estate and personal property (in some States) assessed annually by a local Tax Collector or Assessor. People can be given a reduction due to if it is a primary residence, age, veteran, etc.

Is usually deducted from an employee's wages by their employer. The payroll tax falls into two items: (1) Social Security tax (2) Medicare tax.

A card that can be used to borrow money from a bank or store in order to buy goods and services on credit.

A disadvantage of this form of payment is that your banking information may be compromised if this is lost or stolen.

is a tax on purchases, and is usually remitted to the State or local cities and counties.

Advantages of this method of payment are that it can be mailed, and the person receiving it does not have to have a bank account.

Payments using electronic means, such as on the Internet, with security features preventing fraud or abuse.