Examlex
Composing, in ACE, does not refer only to writing.
Local Finance
Financial activities and policies at a local or municipal level, including budgeting, taxation, and public spending to manage community resources.
Property Taxes
Taxes paid by property owners, based on the value of their property, to fund public services and infrastructure.
Education
A process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various means such as teaching, training, storytelling, discussion, and directed research.
Regressive Tax
At the individual level, a tax whose average tax rate decreases as the taxpayer’s income increases. At the national level, a tax for which the average tax rate (= tax revenue/GDP) falls as GDP rises.
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