Examlex
Year to year,there is a clear cut correlation of budget allocations used for drug regulation and the availability of illicit drugs.
Property Taxes
Taxes paid by property owners, based on the value of their property, to fund public services and infrastructure.
Education
A process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various means such as teaching, training, storytelling, discussion, and directed research.
Regressive Tax
At the individual level, a tax whose average tax rate decreases as the taxpayer’s income increases. At the national level, a tax for which the average tax rate (= tax revenue/GDP) falls as GDP rises.
Income Tax Base
The total amount of income on which an individual or entity is required to pay income tax.
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