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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.
Personal Income Tax
a tax levied on individuals or households based on their total annual income, with the tax rate typically increasing as income increases.
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