Examlex
Which of the following pairs of compounds can be used to illustrate the law of multiple proportions?
Lump-Sum Tax
A tax that is a fixed amount, no matter the change in circumstance of the taxed entity.
Marginal Income Tax Rate
The rate at which the last dollar of a taxpayer’s income is taxed, indicating the percentage of an additional dollar of income that will be paid in taxes.
Tax Schedule
A chart or table that displays tax rates applied to various income levels, dictating how much tax is owed based on income.
Proportional Tax
A tax system where the tax rate remains constant regardless of the amount on which the tax is levied.
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