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-In the figure above, what is the name of the first action?
Sales Taxes
Levies imposed by governments on the sale of goods and services, contributing to public revenue.
Constant-rate
A process or condition that occurs at a steady, unchanging rate over time.
Regressive
Regressive, in economic terms, often refers to a tax system where the tax rate decreases as the taxable amount increases, imposing a greater burden on lower-income individuals.
Marginal Tax Rate
The percentage of an increase in income that is taxed away.
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