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Tax Bracket
Tax Deduction
Tax Credit
Double Taxation

Federal Taxes
Term category: Taxes
In 10 words or less: Taxes paid to the federal government to support public goods.

Definition: These are the taxes you pay to the US government to support public goods, such as defense and education.

StockJargon Advice: As investors, you'll be responsible for paying taxes each year on the amount of money you made from your investments.  However, this is only true if you have sold them (with a few exceptions).  With some proper management, you can keep your tax bill low.

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Related Books

Taxes 2006 for Dummies by Eric Tyson
The Complete Idiot's Guide to Tax-free Investing by Grace Weinstein
The Courage to be Rich By Suze Orman
Automatic Millionaire by David Bach

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