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Which of the following communities are at the highest risk?
Tax Deductions
Expenses that can be subtracted from gross income to reduce the total amount of income subject to taxation, effectively lowering the overall tax liability.
Diminishing Value
A reduction in the worth of an asset over time, often due to wear and tear or obsolescence.
After-tax Cash Inflow
The net amount of cash generated from an investment after deducting all applicable taxes.
Income Tax Rate
The percentage of an individual's or corporation's income that is paid to the government as tax.
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