Examlex
________ converts ________ into action.
Personal Income
The total annual income received by an individual, including wages, dividends, interest, and government transfers.
Corporate Income
Refers to the total earnings or profit generated by a company before tax.
Payroll Taxes
Taxes imposed on employers and employees, calculated as a percentage of the salaries that employers pay to their staff.
Sales Taxes
Taxes imposed by governments on the sale of goods and services, typically calculated as a percentage of the sales price.
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