Examlex
Risks associated with outsourcing are minimal because of service level agreements.
Tax Burden
The total amount of tax that individuals or businesses must pay, relative to their income or profit.
Progressiveness
A political or social philosophy advocating or implementing social reform or new, liberal ideas.
Tax Revenue
The income that is gained by governments through taxation, forming a significant part of their funding for public expenditures.
Elastic Demand
A situation where the quantity demanded of a good or service changes significantly in response to price changes.
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