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What are the four features of McDonaldization?
Corporation
A legal entity owned by shareholders, with rights and liabilities distinct from those of its owners, and subject to corporate income tax.
AMT Income
Alternative Minimum Tax income calculates income with different rules than regular taxes, aiming to ensure taxpayers with high income pay a fair share of taxes.
Dividend Income
consists of payments received by shareholders from stocks or mutual funds, representing a share of the profits of the corporation or fund.
Taxable Income
The amount of an individual's income that is subject to taxation, after all deductions and exemptions.
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