Income tax in the United States
In the United States, a tax is imposed on income by the federal, most state, and many local governments. The income tax is determined by applying a tax rate, which may increase as income increases, to...
Income tax in the United States - Wikipedia
You better listen-up liberals. Democrats are...
You better listen-up liberals. Democrats are counting on your ignorance and your vote.
The IRS and Social Security
Can the IRS take money from your Social Security? Maybe — it depends on your other income.
Will Social Security Disappear When the Trust Fund Runs Out in 2034?
While far-off retirees can still expect some benefits once the trust fund is depleted, those payments may be lower, so it’s important to save independently.
Rate schedule (federal income tax)
A rate schedule is a chart that helps United States taxpayers determine their federal income tax burden for a particular year. Another name for “rate schedule” is “rate table.”
The origin of the ...
Rate schedule (federal income tax) - Wikipedia
Gross income
Gross income in United States tax law is receipts and gains from all sources. Gross income is the starting point for determining Federal and state income tax of individuals, corporations, estates and...
Tax deduction
Tax deduction is a reduction of income that is able to be taxed, and is commonly a result of expenses, particularly those incurred to produce additional income. The difference between deductions, exem...
Tax credit
A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit from the total they owe the state. Tax credits can be granted in recognition of taxes already paid o...
Alternative minimum tax
The alternative minimum tax (AMT) is an income tax imposed by the United States federal government on individuals, corporations, estates, and trusts. AMT is imposed at a nearly flat rate on an adjuste...
Alternative minimum tax - Wikipedia
Tax exemption
Tax exemption refers to a monetary exemption which reduces taxable income. Tax exempt status can provide complete relief from taxes, reduced rates, or tax on only a portion of items. Examples include ...
Social Security (United States)
In the United States, Social Security is primarily the Old-Age, Survivors, and Disability Insurance (OASDI) federal program.The original Social Security Act (1935) and the current version of the Act, ...
Social Security (United States) - Wikipedia
Tax withholding in the United States
Three key types of withholding tax are imposed at various levels in the United States:The amount of tax withheld is based on the amount of payment subject to tax. Withholding of tax on wages includes ...
IRS penalties
Taxpayers in the United States may face various penalties for failures related to Federal, state, and local tax matters. The Internal Revenue Service (IRS) is primarily responsible for charging these ...
United States income tax (legal history)

The first attempt to tax income in the United States was in 1643 when several colonies instituted a “faculties and abilities” tax. Tax collectors would literally go door to door and ask if the in...
Taxation history of the United States
The history of taxation in the United States begins with the colonial protest against British taxation policy in the 1760s, leading to the American Revolution. The independent nation collected taxes o...
Taxation history of the United States - Wikipedia
The IRS and Social Security
Can the IRS take money from your Social Security? Maybe — it depends on your other income.
Townshend Revenue Act
The Townshend Acts were a series of acts passed, beginning in 1767, by the Parliament of Great Britain relating to the British colonies in North America. The acts are named after Charles Townshend, t...
Townshend Revenue Act - Wikipedia
Tariff in American history
Tariffs in United States history have played important roles in trade policy, political debates and the nation's economic history. The main goal of the tariff was uncontroversial—to raise money to pay...
Tariff in American history - Wikipedia
History of United States taxation
The history of taxation in the United States begins with the colonial protest against British taxation policy in the 1760s, leading to the American Revolution. The independent nation collected taxes o...
History of United States taxation - Wikipedia
Boston Tea Party
71°03′09″W / 42.3536°N 71.0524°W / 42.3536; -71.0524 (Boston Tea Party) The Boston Tea Party (initially referred to by John Adams as "the Destruction of the Tea in Bos...
Boston Tea Party - Wikipedia
Stamp Act 1765
The Stamp Act 1765 (short title Duties in American Colonies Act 1765; 5 George III, c. 12) was an act of the Parliament of Great Britain that imposed a direct tax on the colonies of British America an...
Stamp Act 1765 - Wikipedia
Tax accounting
U.S. tax accounting refers to accounting for tax purposes in the United States. Unlike most countries, the United States has a comprehensive set of accounting principles for tax purposes, prescribed b...
Federal Insurance Contributions Act tax
Federal Insurance Contributions Act (FICA) tax /ˈfaɪkə/ is a United States federal payroll (or employment) tax imposed on both employees and employers to fund Social Security and Medicare —federal pro...
Federal Insurance Contributions Act tax - Wikipedia
Backup withholding
According to the Internal Revenue Service, in the US, backup withholding is a specified percentage (currently 28%) withheld by the payers to be paid to the IRS on most kinds of transactions reported o...
Capital gains tax in the United States
In the United States of America, individuals and corporations pay U.S. federal income tax on the net total of all their capital gains just as they do on other sorts of income. "Long term" capital gain...
Capital gains tax in the United States - Wikipedia
Sugar Act
The Sugar Act, also known as the American Revenue Act or the American Duties Act, was a revenue-raising act passed by the Parliament of Great Britain on April 5, 1764. The preamble to the act stated: ...
Income (United States legal definitions)
In U.S. business and financial accounting, the income is generally defined by GAAP and the Financial Accounting Standards Board as: Revenues - Expenses; however, many people use it as shorthand for ne...
Social Security debate (United States)
This article concerns proposals to change the Social Security system in the United States. Social Security is a social insurance program officially called "Old-age, Survivors, and Disability Insuranc...
Social Security debate (United States) - Wikipedia
Social Security number
In the United States, a Social Security number (SSN) is a nine-digit number issued to U.S. citizens, permanent residents, and temporary (working) residents under section 205(c)(2) of the Social Securi...
Social Security number - Wikipedia
Social Security Trust Fund
The United States Social Security Administration collects payroll taxes and uses the money collected to pay Old-Age, Survivors, and Disability Insurance benefits. This is done by way of "Trust Funds"....