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Senator Smith is tired of all the imports of televisions coming into this country.He proposes a bill by which all foreign-made televisions will be taxed an additional $100 before being allowed into the country.He receives a great deal of support for his bill,but one senator questions whether such an arrangement is illegal since it will discriminate against imported goods.Which of the following is correct?
Quarterly
Pertaining to or occurring every three months.
Gross Earnings
The total income earned by an individual or organization before any deductions or taxes are subtracted.
Total Deductions
The sum of all amounts subtracted from an individual's gross income for taxes, benefits, and other expenses.
Net Earnings
The amount of income left after deducting taxes, benefits, and other expenses from gross earnings; often referred to as take-home pay.
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