Answer:
Tax paid annually on earnings each April - Income Tax
An Income tax, as the name implies, is simply a tax on income: the earnings an individual or corporation obtain in a specific period of time, usually a year for tax calculation purposes. For this reason, there are both personal income taxes and corporate income taxes.
Tax paid by a company to sell goods from Spain in the United States - Tariff
A tariff is simply a tax on imported goods. They are mainly used to protect domestic producers from foreign competition.
Tax paid by employees for Social Security and other programs - Payroll Tax
A payroll tax is tax on the wage of an employee, and is usually charged each time the employee is paid. Social Security taxes are perhaps the most common example of a payroll tax in the United States.
Tax meant to discourage the purchase of a product - Excise Tax
An Excise Tax is a specific tax on a product, with the goal of reducing the consumption of that product. A common excise tax is the tax on tobacco, imposed because of the adverse health effects of smoking tobacco.
Answer:
Tax paid annually on earnings each April - Income Tax
Tax paid by a company to sell goods from Spain in the United States - Tariff
Tax paid by employees for Social Security and other programs - Payroll Tax
Tax meant to discourage the purchase of a product - Excise Tax
Explanation:
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