Examlex
What is the name of the compound made from lithium and oxygen?
Tax Structure
The system or framework of how taxes are imposed in an economy, including rates, bases, and who is taxed.
Tax Structure
The system or arrangement of taxing different economic entities and transactions, encompassing the rates, bases, and administration of taxes.
Proportional
Proportional refers to a relationship where two quantities change at the same rate, maintaining a constant ratio between them.
Regressive
A term typically used to describe a tax system where the tax rate decreases as the taxable amount increases, disproportionately affecting those with lower incomes.
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