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Table 9-14
The table above reports the nominal average hourly earnings in private industry and the consumer price index for 1965 and 2010.
-Refer to Table 9-14.The real average hourly earnings for 1965 in 2010 dollars equal
Corporate Tax
A tax imposed on the income or profit of corporations and businesses by the government.
Individual Income Tax
A tax imposed by federal, state, and/or local governments on the income earned by individuals.
Earnings and Profits
A measure of a company's ability to generate income over its expenses, often used in corporate taxation.
Capital Gain
The profit from the sale of a capital asset, such as stocks, bonds, or real estate, exceeding the purchase price.
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