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Progressive Tax
A taxation system where the tax rate increases as the taxable amount or income of the individual or entity increases.
Benefits-Received Principle
A taxation theory stating that individuals should pay taxes in proportion to the benefits they receive from government services.
Gasoline Tax
A levy imposed by governments on the sale of gasoline, often used to fund transportation infrastructure and environmental initiatives.
Corporate Income Tax
A tax on the profit of a corporation, where the tax rates can vary based on a country's tax laws and the company's income levels.
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