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Gross profit on sales is calculated by subtracting
Constant-Rate
Pertaining to a process or quantity that changes over time at an unvarying speed or amount.
Progressive Tax
A tax system where the tax rate increases as the taxable amount increases, placing a heavier burden on wealthier taxpayers.
Proportional Tax
A taxation system where the tax rate remains constant regardless of the amount subject to tax.
Lump-Sum Tax
A tax of a fixed amount that does not vary with the taxpayer's income or activities.
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