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	Tax Retirement Tax   Property Taxation: Depreciation Taxation of Profit Adjusted Basis Home Mortgage Interest and Points Deduction   1031 EXCHANGES Capital Gains Tax Corporate Tax Corporation Dividend Tax Double Taxation European Union Savings Taxation Homeowners exemption Foreign Investment in Real Property Tax Act. Flat Tax Principles of Income Tax Income taxes Inheritance Tax Installment Sales Poll Tax Progressive Tax Property taxes California Propositions Purposes and Effects of Taxation Retirement Tax Sales Tax Sales leaseback Tariff Tax Credit, Exemption Equivalent and Tax Tax Rates Tax Treaty Direct and Indirect Taxation Value Added Tax Some countries with social security systems, which provide income to retired workers, manage to fund those systems with money generated from specific dedicated taxes. These are often different from comprehensive income taxes in the sense that they are levied only on specific sources of income, generally wages and salary, in which case they are called payroll taxes. Another difference is that the total amount of taxes paid by or on behalf of a worker is usually considered to calculate of the retirement benefits to which that worker is entitled. An examples of retirement taxes is the Federal Insurance Contributions Act or FICA tax which is a payroll tax that is collected from employers and employees in the United States of America to fund the country's Social Security system; another in the same league is the National Insurance Contributions or NIC collected from employers and employees in the United Kingdom to fund the country's national insurance system. These taxes at times do appear regressive in their immediate effect. For instance, in the United States of America, each worker, irrespective of his or her income, pays at the same rate up to a specified limit, but income over this limit is not taxed. Another regressive feature is that such taxes usually exclude investment earnings and other forms of income that are more likely to be received by the wealthy. The regressive effect is somewhat offset, however, by the eventual benefit payments, which generally replace a higher percentage of a lower-paid worker's pre-retirement income.