Examlex
The governor of a state believes that a felon has "paid his dues" and should be forgiven for his or her crime. An executive directive to implement that belief is called
Taxable Income
The amount of an individual's or a company's income used to determine how much tax they owe to the government in a given year.
Subsidy Benefit
A financial advantage or aid given by the government or another organization to support an entity, reducing its costs.
Marginal Tax Rate
The rate at which the last dollar of income is taxed, indicating the rate of tax that applies to each additional dollar of income.
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