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Discuss the different definitions of republicanism that emerged in the new American republic. What elements did Americans believe were necessary to ensure the success of a republican government? Explain how these views were reflected in the creation of both state and national governments between 1776 and 1783.
Tax Burden
The total amount of tax that individuals, businesses, or specific sectors of the economy bear.
Federal Personal Income Tax
A tax levied by the federal government on the income of individuals, with rates varying based on income levels.
Tax Exemptions
Deductions allowed by law to reduce taxable income, often for specific categories of expenses or investments.
Progressive
Pertaining to a type of tax system where the tax rate increases as the taxable amount or income increases, often aimed at reducing income inequality.
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