Examlex
Refinancing a loan for more money than was originally owed is called a(n)
Social Security Contributions
Payments made to a government scheme that provides benefits to employees and their families for retirement, disability, and death.
Payroll Taxes
Payroll taxes are levied on either employers or employees, typically based on a percentage of the wages paid by employers to their workers.
Income Tax Schedule
A chart or table used by taxpayers to determine their tax rate based on income levels, as specified by tax law.
Average Tax Rate
The percentage of income that is paid to the government as tax, calculated by dividing the total tax amount by the total income.
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