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________ is a philosophy of continuous improvement of products and processes.
Marginal Tax Rate
The rate at which tax is charged on an additional dollar of income.
Average Tax Rate
The ratio of the total taxes paid to the total taxable income, showing the portion of income that goes to taxes.
Income
Financial gains, usually received at consistent intervals, from employment or investing.
Benefits Principle
A taxation theory suggesting that people should be taxed based on the benefits they receive from government services.
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