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1912
A year in the early 20th century notable for several significant historical events, including the sinking of the Titanic.
Sixteenth Amendment
An amendment to the U.S. Constitution, ratified in 1913, granting Congress the power to levy an income tax.
Tax Rate
The percentage at which an individual or corporation is taxed by the government, which can vary based on income level, type of goods, or activities.
Industrial World
Societies or regions that have undergone industrialization, characterized by significant technological advancement and a focus on manufacturing and production.
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