Examlex
If a company reports revenues of $17,000 and expenses of $12,000,then net income equals $5,000.
Taxable Income
The portion of an individual's or organization's income that is subject to federal, state, or other forms of taxation.
Marginal Tax Rate
Marginal Tax Rate is the percentage of tax applied to your income for each tax bracket in which you qualify.
Federal Government Expenditures
Federal Government Expenditures refer to the total amount of money spent by the national government, including spending on defense, education, public safety, and social programs.
National Debt
The overall quantity of money that a country's ruling body has procured as loans from diverse origins.
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