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Despite Sir Francis Galton's belief that intelligence was strongly related to one's sensory capacity, later research found that possessing one exceptional sense, like heightened hearing, highly correlated with overall intelligence. This is important because it reminds us of the critical-thinking concept of
Government Spending
Expenditures by the government sector on goods and services that it consumes to provide public services and for the benefit of the community.
Personal Income Tax
Tax levied on individuals or households based on their total income from all sources.
Corporate Income Tax
A tax imposed on the net income or profit of corporations and other business entities by the government.
Specific Excise Taxes
Taxes imposed on particular goods or services, such as gasoline or cigarettes, charged per unit sold.
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