Examlex
subsegment of all Internet users who employ this technology to research products and services and make purchases are referred to as
Taxable Income
The amount of income subject to taxes, after all deductions and exemptions are taken into account.
Nominally Progressive
Pertaining to tax structures where the nominal rates increase as the taxable base increases, without necessarily resulting in a higher effective tax rate on higher incomes due to possible deductions and exemptions.
Regressive Effect
A situation where a policy or economic condition disproportionately impacts lower-income individuals more negatively than those with higher incomes.
Proportional
Proportional refers to a relationship or distribution in which changes in one variable correspond to equal changes in another variable.
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