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Some operating systems include a Web browser and an e-mail program, enabling users to begin accessing the Web and communicating with others as soon as they set up the Internet connections.
Average Tax Rate
The ratio of the total amount of taxes paid to the total taxable income, representing the average portion of income that is paid as tax.
Progressive Tax
Progressive tax is a taxation system where the tax rate increases as the taxable amount or income increases, placing a higher burden on those with higher incomes.
Average Tax Rate
The ratio of the total amount of taxes paid to the total tax base (taxable income or spending), essentially reflecting the percentage of income that is paid in taxes.
Marginal Tax Rate
The rate at which the next dollar of taxable income is taxed.
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