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You work hard to pedal your bicycle up a steep hill.You rest when you get to the top,then you let your bicycle roll quickly down the other side of the hill.You converted ________ energy into ________ energy,then you converted it back into ________ energy.
Ability-To-Pay Principle
A tax principle that suggests taxes should be levied according to an individual's or entity's ability to pay, typically measured by income or wealth.
Revenue
The cumulative revenue produced from transactions involving the main business activities, such as selling goods or services.
Local Governments
Public administrations operating at the municipal, township, county, or regional level that manage local affairs, regulations, and services.
Property Tax
A levy on property that the owner is required to pay, with the amount usually based on the property's value.
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