Examlex
Which of the following was not one of the transformative technologies of the Second Industrial Revolution?
Antipoverty Programs
Government initiatives aimed at reducing poverty and improving living standards for the poor through financial aid, education, and job training.
Benefits Principle
A tax policy principle suggesting that taxes should be levied according to the benefits received by the taxpayer from government services.
Marginal Tax Rate
The rate at which the last dollar of income is taxed, indicating the percentage of tax applied to your income for each tax bracket in which you qualify.
Taxable Income
The portion of an individual's or corporation's income used to determine how much tax is owed to the government in a specific tax year.
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