Examlex
HPUX operating system Mirrordisk / UX software must be installed before it can be mirrored by LVM.
Regressive Tax
A tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases, disproportionately affecting those with lower incomes.
Social Security Tax
A payroll tax collected to fund the Social Security program, charged to both employers and employees.
Sales Tax
A tax imposed by a government on sales of goods and services, collected by the retailer and passed on to the state or local government.
Proportional Rate Structure
A tax system where the tax rate is the same for all income levels, meaning everyone pays the same percentage of their income in taxes, regardless of how much they earn.
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