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Evaluate the four theories put forth in the text explaining the cross-cultural gender division in labor. Which of these theories do you feel has the strongest position? Explain your answer.
Net Pay
The amount of money an employee receives after deductions like taxes and social security charges are subtracted from the gross pay.
Laffer Curve
A representation of the relationship between rates of taxation and the resulting levels of government revenue that illustrates there can be an optimum tax rate that maximizes revenue.
Tax Revenues
The income that is collected by governments through taxation.
Progressive Tax
A tax in which the average tax rate rises with income. People with higher incomes will pay a higher percentage of their income in taxes.
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