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When a company experiences a lack of focus, the IT unit can become overwhelmed as it tries to deliver many projects that may have little company-wide value or can't be implemented well simultaneously. This is often the result of senior management failing to answer the question:
Federal Income Tax
A tax levied by the federal government on individuals' and corporations' yearly income.
Payroll Tax
Taxes imposed on employers and employees, typically calculated as a percentage of the salaries that employers pay their staff.
Benefits Principle
A tax principle stating that those who benefit from government services should pay in proportion to the amount they benefit.
Ability-To-Pay
A principle in taxation that suggests taxes should be levied according to the taxpayer's ability to bear the tax burden.
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