Examlex
The C in NCI stands for
Taxation
The process by which governments finance their expenditure by imposing charges on citizens and corporate entities.
Public Schools
Educational institutions funded and administered by governmental agencies, offering free education to students.
Benefits-Received Principle
A theory in taxation where taxes are apportioned according to the level of government services used by the taxpayer.
Excise Taxes
Taxes levied on specific goods, such as tobacco or alcohol, often to discourage their use or to raise revenue.
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