Examlex
Research suggests that the environment accounts for only about 50 percent of the variation of the divorce rate. If the remaining 50 percent is affected by genes, we can say that 50 is the ___________ for the likelihood of divorce.
Taxable Income
The amount of an individual's or corporation's income used to determine how much tax is owed to the government.
Marginal Tax Rate
The percentage of tax applied to your income for every tax bracket in which you qualify.
Average Tax Rate
The fraction of an individual's total income that is paid in taxes, calculated by dividing the total taxes paid by total income.
Taxable Income
the amount of income used to determine how much tax an individual or a company owes to the government, after deductions and exemptions.
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