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What modern notion of justice can trace its roots to early Roman law?
Federal Transfer Payments
Government payments transferred to individuals or states, often for assistance, without requiring direct services in return.
Tax Receipts
The revenue collected by the government through various forms of taxes.
Borrowing
The act of obtaining resources (usually money) from another party with the promise of repayment under defined terms, often involving interest.
Marginal Tax Rate
The rate of tax applied to the last unit of income or additional dollar earned, indicating how much of the next earned dollar will be taken in taxes.
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