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Tax Revenue
The income that is gained by governments through taxation from individuals and businesses.
Federal Government
The national government of a federation, which holds authority over the political units constituting the federation, handling matters that affect the country as a whole.
Marginal Tax Rate
The rate at which the last dollar of income is taxed, indicating the percentage of additional income that is paid in taxes.
Personal Income Tax
A tax levied on individuals or households based on their total annual income from all sources.
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