Examlex
Find the requested angle.
-Complement of 66.1°
Vertical Equity
A concept in taxation that argues taxpayers with a greater ability to pay, such as those with higher income, should pay more in taxes.
Taxpayer Efficiency
The degree to which tax revenues are collected and used in an effective, cost-efficient, and minimal waste manner by the government.
Lump-Sum Tax
A tax that is a fixed amount, no matter the change in circumstance of the taxed entity.
Marginal Income Tax Rate
The rate at which the last dollar of a taxpayer’s income is taxed, indicating the percentage of an additional dollar of income that will be paid in taxes.
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