Examlex
In the BS climatic type the "S" stands for_______ .
Average Tax Rate
The portion of an individual's or entity's taxable income that is paid in taxes, calculated by dividing the total tax amount by the taxable income.
Payroll Tax
A tax imposed on employers and employees, calculated as a percentage of the salaries that employers pay their staff.
Marginal Tax
The additional tax paid on an additional dollar of income, used in progressive tax systems to tax higher incomes at higher rates.
Proportional
A relationship or ratio between two quantities where they change at the same rate.
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