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During recovery testing,the analysts try to break the system.
State Tax Bracket
The division of income ranges that are used to determine the tax rate applicable to an individual's or entity's income within a particular state.
After-tax Return
The profit generated from an investment after all applicable taxes have been paid.
Tax Exemption
A monetary exemption which reduces taxable income, allowing certain income or transactions to be legally exempt from taxation.
Income Tax Rate
The percentage at which an individual or corporation is taxed on their income, which can vary based on income level and jurisdiction.
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