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A null hypothesis of the difference between two population proportions is rejected at the 5% level,but not at the 2.5% level.This means that the p-value of the test is between 0.025 and 0.05.
Absolute Tax Payments
The total amount of taxes paid by an individual or entity without considering the tax rate or income.
Progressive Tax
A tax system in which the tax rate increases as the taxable amount increases, with higher earners paying a higher percentage of their income in taxes.
Social Security Tax
Social Security tax is a payroll tax collected to fund the Social Security program, which provides retirement, disability, and survivorship benefits to qualifying individuals.
Federal Personal Income Tax
A tax levied by the U.S. federal government based on an individual's income, including wages, salaries, and investments.
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