Examlex
Which of the following statements is least accurate?
State And Local Taxes
Various forms of taxation imposed by state, regional, and local governments, including income, sales, property, and other taxes.
Progressive
A tax system in which the tax rate increases as the taxable amount increases, often aimed at reducing income inequality.
Payroll Taxes
Contributions required from employers and their workers, determined as a portion of the payroll expenses incurred by the employer.
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