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Total Tax Collection
The cumulative sum of taxes collected by a government from individuals and businesses within a specific timeframe.
Excise Tax
A tax charged on specific goods and services, such as gasoline, cigarettes, and alcohol, typically imposed at the manufacturing or production level.
Supply Curve
A graph showing the relationship between the price of a good and the amount of the good that producers are willing to supply.
Before-tax
Financial figures or income amounts that have not had taxes deducted.
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