Examlex
What is the primary benefit for a candidate who emerges as a frontrunner in a political party's campaign for president?
Governmental Services
Services provided by the government to its citizens; these can include education, healthcare, and public safety.
Ability-to-Pay Principle
A tax principle suggesting that taxes should be levied based on the taxpayer's ability to pay, where those with higher income or wealth should pay more taxes.
Tax Burdens
The measure of the financial impact of taxes on individuals, households, or businesses, typically reflecting the total taxes paid as a percentage of income.
Taxation Theory
The study of how taxes affect the economy, focusing on the optimal design of tax policies to achieve various economic objectives.
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