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The Mosaic Code was based on the assumption that men were superior to women.
Taxable Income
Income subject to tax, after deductions and exemptions, according to the laws of the tax system.
Progressive Income Tax
A taxing mechanism in which the tax rate increases as the taxable amount or income increases, placing a higher burden on those who earn more.
Average Tax Rate
The ratio of the total amount of taxes paid to the taxpayer's total income, representing the percentage of income paid in taxes.
Marginal Tax Rate
The tax rate applied to the last dollar of income, representing the percentage of tax paid on any additional dollar of income.
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