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Research Suggests That Age-Related Cognitive Differences Explain Why

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Research suggests that age-related cognitive differences explain why


Definitions:

Tax Revenue

The income that is gained by governments through taxation from individuals and businesses.

Federal Government

The national government of a federation, which holds authority over the political units constituting the federation, handling matters that affect the country as a whole.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, indicating the percentage of additional income that is paid in taxes.

Personal Income Tax

A tax levied on individuals or households based on their total annual income from all sources.

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