CORPORATEINCOME TAXTax oncorporateprofits, this taxis the thirdlargest sourceof taxFEDFEDERALRESERVEACT OF1913Takes the samepercentage ofincome fromeveryone,regardless ofincome levelSOCIALSECURITYTaxes placedon goods /services willincrease costsof productionEQUITYA tax levied onthe net value ofthe estate of adeceasedpersonPRINCIPLEOFTAXATIONSocialwelfareprogramswith specificrequirementsTaxes can bean incentive toencourage /discourageeconomicbehaviorThe qualityof beingfair andimpartialRESOURCEALLOCATIONProvidesbenefits toolder retiredworkersESTATETAXENTITLEMENTSPeople whobenefit directlyfrom publicgoods shouldpay for them inproportionFICAPROPORTIONALTAXProvidesshort termloans tobanksEstablished12independentreservebanksECONOMICBEHAVIORA payroll tax thatprovidescoverage for theelderly andunemployed dueto disabilityCORPORATEINCOME TAXTax oncorporateprofits, this taxis the thirdlargest sourceof taxFEDFEDERALRESERVEACT OF1913Takes the samepercentage ofincome fromeveryone,regardless ofincome levelSOCIALSECURITYTaxes placedon goods /services willincrease costsof productionEQUITYA tax levied onthe net value ofthe estate of adeceasedpersonPRINCIPLEOFTAXATIONSocialwelfareprogramswith specificrequirementsTaxes can bean incentive toencourage /discourageeconomicbehaviorThe qualityof beingfair andimpartialRESOURCEALLOCATIONProvidesbenefits toolder retiredworkersESTATETAXENTITLEMENTSPeople whobenefit directlyfrom publicgoods shouldpay for them inproportionFICAPROPORTIONALTAXProvidesshort termloans tobanksEstablished12independentreservebanksECONOMICBEHAVIORA payroll tax thatprovidescoverage for theelderly andunemployed dueto disability

The Fed in 5 Bingo Card - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. CORPORATE INCOME TAX
  2. Tax on corporate profits, this tax is the third largest source of tax
  3. FED
  4. FEDERAL RESERVE ACT OF 1913
  5. Takes the same percentage of income from everyone, regardless of income level
  6. SOCIAL SECURITY
  7. Taxes placed on goods / services will increase costs of production
  8. EQUITY
  9. A tax levied on the net value of the estate of a deceased person
  10. PRINCIPLE OF TAXATION
  11. Social welfare programs with specific requirements
  12. Taxes can be an incentive to encourage / discourage economic behavior
  13. The quality of being fair and impartial
  14. RESOURCE ALLOCATION
  15. Provides benefits to older retired workers
  16. ESTATE TAX
  17. ENTITLEMENTS
  18. People who benefit directly from public goods should pay for them in proportion
  19. FICA
  20. PROPORTIONAL TAX
  21. Provides short term loans to banks
  22. Established 12 independent reserve banks
  23. ECONOMIC BEHAVIOR
  24. A payroll tax that provides coverage for the elderly and unemployed due to disability