Examlex
The major difference between public nuisance and private nuisance is:
Financial Burden
A financial burden is a substantial monetary load that may come in the form of debt, high costs, or other financial obligations that affect an individual's or entity's budget or financial well-being.
Average Tax Rate
The ratio of the total amount of taxes paid to the total income earned, representing the percentage of income paid in taxes.
Taxable Income
The portion of an individual's or corporation's income that is subject to taxes according to federal, state, or local law.
Lump-Sum Tax
A tax that is a fixed amount, regardless of the tax base's changes in size or value.
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