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Effective Marginal Tax Rate
The rate at which an additional dollar of income gets taxed, taking into account the impact of all applicable tax brackets.
Income
Money received on a regular basis from work, investments, business ventures, or other sources.
Medicaid Benefits
Medicaid Benefits are health care program benefits provided by the state and federal government to eligible low-income adults, children, pregnant women, elderly adults, and people with disabilities.
Poverty Threshold
The smallest income level considered essential for securing a satisfactory standard of living within a certain country.
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