Examlex
Direct pressure should be applied for several minutes to stop bleeding.
Tax System
The organized method by which a government collects taxes from its citizens and businesses to fund public services and infrastructure.
Revenue
The total income generated by a business or organization from its activities, before any expenses are deducted.
Proportional Tax
A tax system where the tax rate is fixed and applied equally to all income levels, resulting in taxpayers paying the same percentage of their income regardless of earnings.
Progressive Tax
A tax system in which the tax rate increases as the taxable income or amount increases.
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