Examlex
The magnitude of the displacement vector of an object is equal to the distance that object has moved.
Proportional Tax
A taxation system where the tax rate remains constant regardless of the amount subject to tax.
Lump-Sum Tax
A tax of a fixed amount that does not vary with the taxpayer's income or activities.
Marginal Tax Rate
The tax rate that applies to the next dollar of taxable income, indicating how much of any additional income will be taken in taxes.
Sales Tax
A consumption tax imposed by the government on the sale of goods and services.
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