Examlex
A zero counts as a significant figure when it occurs at the end of a number that contains a decimal point.
Regressive Tax
A tax applied uniformly, taking a larger percentage of income from low-income earners than from high-income earners.
Proportional Tax
A taxation structure where the rate of tax stays the same, no matter the taxable amount.
Retail Sales Tax
A tax imposed on the retail price of goods and services paid by the consumer at the point of sale.
Easily Shifted
A descriptor for economic burdens or benefits that can be transferred or moved easily from one party to another.
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