Examlex
Global South countries are less likely to view forests as the "common heritage of mankind" than Global North countries.
Sales Taxes
Taxes imposed by governments on sales of goods and services, typically calculated as a percentage of the sale price.
Digressive
Relating to or denoting a method that reduces in pace or intensity over time or steps, often used in taxation to describe tax rates that increase less proportionally with the amount subject to tax.
Regressive
Pertaining to a tax system where the tax rate decreases as the taxable amount increases, disproportionately affecting lower-income individuals.
Federal Revenue
The income received by the federal government from various sources like taxes, fees, and investments.
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