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One of the Byproducts of the Digital Revolution at Work

question 2

Multiple Choice

One of the byproducts of the digital revolution at work is _____________________.


Definitions:

Payroll Taxes

Taxes imposed on employers and employees, calculated as a percentage of the salaries that employers pay their staff.

Taxable Income

The portion of an individual's or corporation's income that is subject to taxation by the government.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, reflecting the percentage of an additional dollar of income that is paid in taxes.

Total Tax

The cumulative amount of taxes paid by an individual or business across all applicable tax categories within a specific period.

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