Examlex
Match the descriptions with the corresponding terms.
-Mitral regurgitation
Taxation
A process by which governments finance their expenditure by imposing charges on citizens and corporate entities.
Regressive Tax
A tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases, disproportionately impacting those with lower incomes.
Tax Revenues
The money that governments procure from tax collection.
Local Governments
Administrative bodies in smaller geographical areas within a country that govern at a level below that of the state or federal government.
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