Examlex
Instructions: Identify the following term(s).
Middle Path
Severance Pay
Financial compensation provided to employees who are terminated from their job, often based on length of service.
Balanced-Budget Amendment
A proposed amendment to the U.S. Constitution requiring the federal budget to be in balance, with expenditures not exceeding revenues.
Capital Gains Tax
A tax on the profit realized on the sale of a non-inventory asset that was higher in value than the purchase price, most commonly assessed on real estate, stocks, and bonds.
Ultra-Progressive
Describes individuals or movements that advocate for radical reforms and changes, often towards inclusivity, equality, and environmental sustainability, beyond conventional progressive stances.
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