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What was the role of predestination in Calvinism?
Progressive Tax System
A taxation system where the tax rate increases as the taxable income increases, considered more equitable by distributing the tax burden according to ability to pay.
Marginal Tax Rate
The rate at which the next dollar of taxable income is taxed, reflecting the percentage of tax paid on the last dollar earned.
Average Tax Rate
The proportion of total income that is paid in taxes, calculated by dividing the total tax payment by total income, often expressed as a percentage.
Lump-Sum Tax
A taxation method that imposes a fixed amount on the taxpayer irrespective of their circumstances.
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