Examlex
The potential disadvantages of job simplification include all of the following EXCEPT:
Tax Schedule
A chart or table that displays tax rates applied to various income levels, dictating how much tax is owed based on income.
Proportional Tax
A tax system where the tax rate remains constant regardless of the amount on which the tax is levied.
Marginal Tax Rate
The percentage at which the next dollar earned of taxable income is subjected to tax.
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.
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