Examlex
The position of a demand curve is unaffected by changes in the price of the good.
Higher Tax Rate
A tax bracket imposing a greater percentage of taxation on individuals, corporations, or particular transactions.
Tax Deductible
Expenses that can be subtracted from taxable income, reducing the total amount of tax owed.
Roth Retirement Plan
A retirement plan allowing individuals to contribute after-tax dollars, with tax-free withdrawals in retirement.
Hedge Labor Income
Strategies or financial instruments used to protect an individual's future income from employment against uncertainty or potential losses.
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