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What is the most common kinship pattern utilized in American families?
Married, Filing Jointly
A tax filing status available to married couples that allows them to file one tax return jointly, combining their incomes and deductions.
Marginal Ordinary Income Tax Rate
The tax rate that applies to the last dollar of the taxpayer's income, influencing decisions on additional income.
Tax Rate
The percentage at which an individual or corporation is taxed by the government.
Taxpayer
An individual or entity that is obligated to pay taxes to a federal, state, or local government.
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