Examlex
Floodplains are usually built
Incidence
The measurement or frequency of occurrence, often used in the context of the distribution of a tax burden.
Federal Tax System
The mechanism by which the United States government collects taxes from individuals and businesses to fund public services and infrastructure.
Progressive
In economics, refers to taxation or policies that proportionally take more from those who have more income or wealth.
Perfectly Elastic
Describes a situation in which the quantity demanded or supplied of a good responds infinitely or extremely to changes in its price.
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