Examlex
Electronic job searches are popular with human resource departments because
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.
Benefits Principle
The concept that those who benefit from government services should pay taxes in proportion to the amount of benefits they receive.
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