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Why should we expect preschools to teach their students songs and music?
Taxable Income
This is the portion of one's income that is subject to taxes, after all deductions, exemptions, and adjustments.
Interest Charged
The cost incurred for borrowing money, typically expressed as a percentage rate over a period of time.
IRS
The Internal Revenue Service, a U.S. federal agency responsible for the collection of taxes and enforcement of tax laws.
3%
An interest rate, tax rate, or other percentage that signifies a portion or rate out of a hundred.
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