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Perform the addition or subtraction and write the result in standard form.
Taxable Income
The amount of income used to calculate how much tax an individual or a company owes to the government in a given tax year.
Average Tax Rate
The proportion of total income that is paid in taxes, calculated by dividing total taxes paid by total income.
Tax Structure
The system or framework of how taxes are imposed in an economy, including rates, bases, and who is taxed.
Tax Structure
The system or arrangement of taxing different economic entities and transactions, encompassing the rates, bases, and administration of taxes.
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