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Threats and promises only work if
Income Tax Rate
The percentage at which an individual or corporation is taxed on their income.
Net Income
Net Income is the total profit of a company after all expenses have been deducted from revenues.
Effective Tax Rate
The average rate at which an individual or a corporation is taxed, calculated by dividing the total tax by the taxable income.
Tax Expense
The total amount of taxes owed by an individual or corporation as a result of taxable activities or income during a fiscal year.
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