Examlex
Under IDEA,each state and locality must have a plan to ensure all of the following EXCEPT
Marginal Tax Rate
The percentage of tax applied to your income for each tax bracket in which you qualify, essentially the rate at which your last dollar of income is taxed.
Taxable Income
Taxable income is the amount of an individual's or business's income used to calculate how much tax they owe to the government in a given tax year, after all deductions and exemptions.
Tax Cutters
Advocates or policies aimed at reducing the level of taxation.
Social Security Tax
A tax levied on both employers and employees to fund the Social Security program, which provides retirement, disability, and survivorship benefits to qualifying individuals.
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