Examlex
Which of the following statements is least accurate?
Marginal Tax Rates
The percentage of tax applied to the last dollar earned, indicating the fraction of any additional income that will be taken in taxes.
Inflation-Adjusted
An adjective describing the modification of financial figures to reflect changes in the purchasing power of money, allowing for comparison over time.
Income Tax Revenue
The total sum of money collected by the government from individuals or businesses based on earned income and profits.
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