Examlex
The main objective of tax planning is to maximize the amount of money you keep by minimizing the amount of taxes you pay.
Government
The organization or system through which a community or society exercises authority and performs functions.
Inefficiency
A situation where resources are not used in the best possible way, often leading to wasted potential.
Monopoly
An economic setup where there is only one provider of a good or service, possessing total market control due to the lack of any similar alternatives.
Deadweight Loss
An economic inefficiency arising when there's a failure to attain the free market equilibrium for any product or service.
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