Examlex
The risks of the differentiation strategy include:
Marginal Tax Rate
The tax rate on an additional dollar of income, which can increase as the taxpayer's income grows.
Tax Rate
The percentage at which an individual or corporation is taxed on their income or profits.
Property Taxes
Levies imposed by governmental entities based on the value of real estate or other property, used to fund public services.
Marginal Tax Rate
The rate at which an additional dollar of income is taxed, representing the percentage of tax applied to the last dollar earned.
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