Examlex
An important thing to keep in mind when using the "Three Ds" to classify abnormal behaviour is that:
Tax Policy
Refers to the principles and proposals governments use to design and implement taxes, affecting economic behavior, distribution of income, and fund public expenditures.
Income Quintile
A statistical measure dividing the population into five equal groups according to their income level to analyze economic inequality.
Lump-Sum Tax
A tax that is a fixed amount, not varying with the taxpayer’s income level or expenditure, making it independent of the taxpayer’s behavior.
Excise Tax
An excise tax is a tax charged on specific goods and services, such as gasoline, cigarettes, and alcohol, typically to discourage their use or generate revenue.
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