Taxes & Paychecks

In 2019, the top 3 areas were tax money was spent was:

• Health, Pentagon & Military, and Interest on Debt

• Health, Education, and Pentagon & Military

• Health, Education, and Government

What does FICA consist of

• Health Insurance

• Social Security & Medicare

• Federal & State Taxes

• Employer Sponsored Retirement

All of the following options are benefits we receive as a result of government spending EXCEPT…

• Air Quality

• Credit card debt forgiveness

• Public school education

• National Parks maintenance

The new FICO is called:

• FICO 2.0

• FICO 10

• FICO 2020

• Nothing, because it is made up

Early 2020 data shows that 59% of Americans now have FICO scores of 700 or higher. This means that...

• they manage their mortgage payments well

• they pay the minimum balances due for their credit cards

• they don’t have high balances on student loans

• their bank accounts always have funds