Examlex
Most people recognize and understand about the same number owords in reading as occur in spontaneous speech.
Total Tax Rate
The combined rate of all the taxes that an individual or business is liable to pay, expressed as a percentage of income.
Average Tax Rate
The ratio of total taxes paid to total income, indicating the share of income that goes to taxes.
After-Tax Distribution
The amount of money shareholders receive from a corporation's earnings after all applicable taxes have been deducted.
Before-Tax Distribution
Refers to the allocation of income among individuals or entities before accounting for taxes.
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