Examlex
A firm with a wide span of control tends to have relatively more layers of management.
Federal Government
The national government of a federal country, which shares sovereignty with constituent states or provinces, responsible for governing national matters.
Social Security Tax
A tax levied on both employers and employees to fund the Social Security program, which provides benefits for retirees, the disabled, and children of deceased workers.
Excise Tax
A tax levied on specific goods or services, such as tobacco, gasoline, and alcohol, typically aimed at discouraging use or raising government revenue.
Indirect Tax
Tax on a thing rather than on a particular person; for example, sales tax.
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