Examlex
Participations are commercials that appear in the breaks between programs,which local affiliates sell to advertisers who want to show their ads locally.
Social Security Benefits
Payments made to eligible individuals by the government, including retirement, disability, and survivor benefits.
Progressive Tax
Places greater burden on those with best ability to pay and little or no burden on the poor (for example, federal personal income tax).
Proportional Tax
A tax whose burden falls equally among the rich, the middle class, and the poor.
Regressive Tax
A taxation system where the tax rate decreases as the taxable amount increases, leading to a higher tax burden on lower-income individuals relative to higher-income individuals.
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