Taxes can bean incentive toencourage /discourageeconomicbehaviorTax oncorporateprofits, this taxis the thirdlargest sourceof taxFEDTakes the samepercentage ofincome fromeveryone,regardless ofincome levelPROPORTIONALTAXESTATETAXA payroll tax thatprovidescoverage for theelderly andunemployed dueto disabilityFEDERALRESERVEACT OF1913SOCIALSECURITYFICAENTITLEMENTSProvidesshort termloans tobanksThe qualityof beingfair andimpartialRESOURCEALLOCATIONTaxes placedon goods /services willincrease costsof productionEQUITYA tax levied onthe net value ofthe estate of adeceasedpersonProvidesbenefits toolder retiredworkersPeople whobenefit directlyfrom publicgoods shouldpay for them inproportionECONOMICBEHAVIORPRINCIPLEOFTAXATIONSocialwelfareprogramswith specificrequirementsCORPORATEINCOME TAXEstablished12independentreservebanksTaxes can bean incentive toencourage /discourageeconomicbehaviorTax oncorporateprofits, this taxis the thirdlargest sourceof taxFEDTakes the samepercentage ofincome fromeveryone,regardless ofincome levelPROPORTIONALTAXESTATETAXA payroll tax thatprovidescoverage for theelderly andunemployed dueto disabilityFEDERALRESERVEACT OF1913SOCIALSECURITYFICAENTITLEMENTSProvidesshort termloans tobanksThe qualityof beingfair andimpartialRESOURCEALLOCATIONTaxes placedon goods /services willincrease costsof productionEQUITYA tax levied onthe net value ofthe estate of adeceasedpersonProvidesbenefits toolder retiredworkersPeople whobenefit directlyfrom publicgoods shouldpay for them inproportionECONOMICBEHAVIORPRINCIPLEOFTAXATIONSocialwelfareprogramswith specificrequirementsCORPORATEINCOME TAXEstablished12independentreservebanks

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