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The new dean was completely uninterested in international programs,so he selected the least competent faculty to serve on the committee and took away their doughnut budget,effectively terminating the project by starvation.
Ordinary Income
This refers to any income earned through work, interest, dividends, or rental income, subject to standard tax rates.
Dividend Income
Income received from owning shares in a company, paid out from the company's profits.
Charitable Contribution
Financial or material donations given to a charitable organization, often eligible for tax deductions.
C Corporation
A type of business entity that is taxed separately from its owners, and can have an unlimited number of shareholders.
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