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Government Borrowing
The act of governments raising funds through the issuance of securities or bonds to finance public expenditure, leading to government debt.
Personal Income Taxes
Taxes imposed on individuals' income by the government, including wages, salaries, and investment earnings.
Federal Tax Revenues
The income earned by the government through all types of taxes, including income, payroll, and excise taxes, used to fund public services and operations.
Tax Freedom Day
A symbolic day representing when a nation's taxpayers have collectively earned enough income to pay the year's total tax bill.
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