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According to the hypothesis developed by Sapir and Whorf,if you had only one word to describe what English-speakers call "red" and "yellow," you would not be likely to perceive the shades of red and yellow in a sunset.
Social Security Benefits
Government-provided financial assistance to eligible individuals, including retirees, disabled persons, and survivors.
Social Security Tax
A tax levied on both employers and employees to fund the Social Security program, which provides benefits for retirees, disabled individuals, and survivors.
Average Tax Rate
The average tax rate is the proportion of total income paid in taxes, calculated by dividing the total tax amount by the taxpayer’s total income.
Marginal Tax Bracket
The tax rate that applies to the last dollar of the taxpayer's income, influencing incremental income earned or deductions.
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