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Using the big five description of personality, we find that over the years most adults show a slight decrease in
Depreciation Tax Shield
The reduction in income tax expense realized from the ability to deduct depreciation expenses, thus lowering taxable income.
Marginal Tax Rates
The rate of tax applied to the next dollar of taxable income, which varies depending on income level and filing status in a progressive tax system.
Lease Payments
Regular payments made by a lessee to a lessor for the use of some asset.
After-Tax Lease Payment
The lease payment amount minus any tax savings resulting from deductible lease expenses.
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