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What is the relationship between integrity and ethics?
Sales Tax
A tax imposed on sales of goods and services, typically calculated as a percentage of the selling price.
Tax Rate Structure
The system or design of tax rates, which can be progressive, regressive, or proportional, determining how taxes are applied based on income or other factors.
Marginal Tax Rate
The tax rate applied to the next dollar of income, indicating how much tax will be paid on an additional dollar of earnings.
Proportional
Pertaining to a relationship or situation where two quantities vary directly with each other.
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