Examlex
Social and emotional foundations are NOT part of the Head Start Performance standards.
Progressive Tax Structure
A tax system where the tax rate increases as the taxable amount increases, leading to higher earners paying a larger percentage of their income in taxes.
Marginal Rates
These are the tax rates that apply to each additional dollar of income, used in a progressive tax system where tax rates increase as income rises.
Average Rates
The mean amount of a rate, such as interest or tax rate, calculated by totaling several rates and dividing by the number of rates.
Taxable Income
The portion of income that is subject to tax after all deductions and exemptions have been applied according to tax law.
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