Examlex
In a(n) ____________________ coat, darker colors are found on the tips of each guard hair.
Effective Tax Rate
The average rate at which an individual or corporation is taxed, calculated by dividing total tax paid by the taxable income.
Taxable Income
The amount of an individual's or organization's income used to determine how much tax is owed, minus deductions and exemptions.
Federal Taxes
Taxes imposed by the federal government on income, property, and consumption to fund national programs and services.
Gross Income
The total earnings received before any deductions such as taxes, benefits, and expenses.
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