Examlex
Which of the following was negotiated in 1997 that was a binding commitment to reduce emissions of greenhouse gases?
Marginal Tax Rate
The rate at which the last dollar of income is taxed, indicating the percentage of additional income that will be taken as tax.
Income Increases
A rise in the amount of money received, especially on a regular basis, by an individual or group.
Progressive Tax
A tax system in which the tax rate increases as the taxable amount increases, thereby imposing a higher percentage rate on higher-income earners.
High-Income
Earning a substantial amount of money, typically above the median income level in a given region or country.
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