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People ignoring credible warnings about terrorist attacks due to the massive amounts of coverage in the aftermath of September 11,2001,is an example of
Deductions
Amounts subtracted from gross income to determine taxable income, potentially reducing the amount of tax owed.
Marginal Tax Rate
The tax rate applied to the next dollar of taxable income, indicating the percentage of tax paid on any additional dollar earned.
Total Income
The sum of all earnings obtained from work, investments, and other sources before any deductions.
Total Taxes
The combined amount of all taxes levied by a government on individuals, corporations, and other entities.
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