Examlex
From a __________ perspective, schools are responsible for (1) socialization, or teaching students to be productive members of society; (2) transmission of culture; (3) social control and personal development; and (4) the selection, training, and placement of individuals on different rungs in the society.
Governs Least
A principle often associated with libertarianism, suggesting that the best government is one that governs the least, emphasizing minimal state intervention in personal and economic matters.
Marginal Tax Rate
The rate at which the last dollar of income is taxed, reflecting the percentage of additional income that is taken as tax.
Average Tax Rate
The proportion of total income that an individual or corporation pays in taxes, calculated by dividing the total taxes paid by total income.
Marginal Federal Income Tax
The rate at which the last dollar of a taxpayer's income is taxed by the federal government.
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