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Gia Long is a correctional officer in a state correctional facility. She splits her time between a female facility and a male facility. Since she started her position, she has devised several ideas she would like to implement. Gia would like to implement a program in the women's facility to combat recidivism. She finds that most of the women are incarcerated due to:
Capital Gains
The profit earned from the sale of an asset or investment, which is the difference between the selling price and the purchase price.
Marginal Tax Rates
The rate at which an individual's or entity's additional income is taxed.
Total Tax
The aggregate amount of taxes owed by an individual or corporation, including federal, state, local, and other applicable taxes.
Provincial Tax Brackets
Tax levels set by provincial governments, where income tax rates vary based on the income bracket a taxpayer falls into.
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