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In an online survey, people were asked if they would cheat on their partner if there was no chance of getting caught. Approximately 23,000 Internet users responded to the survey. Almost half of those responding said they would not, while the other half said they probably would. What is a significant limitation with surveys like this one?
Average Tax Rate
The total amount of taxes paid by an individual or business divided by the taxable income, reflecting the proportion of income paid in taxes.
Flypaper Theory
A concept suggesting that government grants and subsidies stick where they first land, meaning they benefit the entity they're directly given to rather than being efficiently redistributed.
Tax Incidence
The analysis of the effect of a particular tax on the distribution of economic welfare, essentially focusing on who ultimately bears the cost of a tax.
Taxes Collected
The total amount of money garnered by a government through the imposition of taxes.
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