Examlex
Profits generated from the sale of new notes and coins to the banking system is called:
Excise Tax
A tax on the sale or consumption of a specific product or service, often levied at the point of manufacture or sale.
Taxable Income
is the amount of income used to calculate how much tax an individual or a company owes to the government in a given tax year.
Federal Income Tax
A tax imposed by the federal government on personal and corporate income.
Warren Buffett
An American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway, known for his successful investment strategies.
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