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Imagine that you have just been released from prison after having served five years. What are the first things you will do? What problems do you expect to face upon your reentry into the community? What do you see as posing the greatest risks of committing crimes again?
Lump-Sum Tax
A tax that is a fixed amount, not dependent on the taxpayer's income or activity level.
Advantages
Benefits or strengths that give an entity a favorable or superior position relative to competitors or alternatives.
Disadvantages
The negative aspects or conditions that can lead to unfavorable outcomes or reduce effectiveness in a given context.
Efficient Tax
A tax imposed in such a way that it creates the least possible distortion or inefficiency in the market or economy.
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