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It has been shown that, if you are speaking to someone at a noisy party, you can generally disregard what is said in nearby conversations, but your attention will be captured if your own name is spoken. What other words or names do you think would have a similar effect? Would the same words work for all people? Why or why not?
Market Value
The current price at which an asset or service can be bought or sold in the marketplace, determined by supply and demand.
Property Taxes
Taxes paid by property owners based on the assessed value of their real estate.
Gross Income
The total income from all sources before any deductions or taxes are taken out.
Standard Deduction
A fixed amount deducted from a taxpayer's income to reduce taxable income, not requiring itemization.
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