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Southwest Airlines operates a blog called Nuts About Southwest. A group of employees share the responsibility for posting items of potential interest to customers-for example, short videos about Southwest's travel destinations, articles (with photos) about special events, and news about airline promotions. Nuts About Southwest is an example of a
Individual Income Taxes
Taxes that governments impose on the financial income generated by all entities within their jurisdiction. By law, businesses and individuals must file an income tax return every year to determine their tax obligations.
Budget Deficit
A situation where government spending exceeds its revenues within a specific period, leading to borrowing or depletion of reserves.
Budget Surplus
A situation where a government's revenue exceeds its expenditures during a specific period of time.
Tax Liability
The total amount of tax owed to a taxing authority, such as the government, based on taxable income and tax rate.
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