Examlex
A career plateau is most likely to occur when:
Municipal Bond
A debt security issued by a state, municipality, or county to finance its capital expenditures.
Industrial-Development Bond
Tax-exempt bonds issued by municipal or county governments to finance the development of industrial or commercial facilities, intended to create jobs and promote economic growth.
Revenue Bond
A type of municipal bond supported by the revenue from a specific project, such as a toll road or a public utility, rather than general taxes.
Tax Bracket
Categories at set intervals of income that determine the rate at which income is taxed, with the principle that as income increases, it is taxed at a higher rate.
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