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Josh, a human resource executive, works with AmPro Inc. Recently, he moved from a generalized role in the HR department to a senior role. Which of the following skills does Josh have to build to succeed in his new role?
Tax
A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization.
Excess Burden
The cost to society created by market inefficiency, particularly through taxation or other government policies, beyond the immediate financial effects.
Tax Revenue
The income that is gained by governments through taxation, which is used to fund public services and infrastructure.
Total Burden
The complete impact, often financial or economic, borne by an entity or system as a consequence of a particular action or policy.
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