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Progressive Tax Structure
A tax system where the tax rate increases as the taxable amount increases, placing a higher burden on wealthier individuals.
Real Incomes
Real incomes refer to the amount of goods and services that can be purchased with a given amount of money, after adjusting for inflation.
Tax Revenues
The money acquired by governments via tax collection.
Debt Financing
A method of funding in which a company borrows money to be repaid, typically with interest, at a later date.
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