Examlex
While game theory predicts noncooperative behavior for a single play of the prisoner's dilemma, it would predict cooperative tit-for-tat behavior if the same people play prisoner's dilemma together for, say, 20 rounds.
Capital Gains
The earnings obtained from an asset or investment when the sale price is higher than the initial buying price.
Marginal Tax Rates
The amount of tax paid on an additional dollar of income, which varies according to the income bracket of the taxpayer.
Provincial Tax Brackets
These are income range segments established by provincial governments in Canada, where each range is taxed at a specific rate, affecting how much income tax a person pays based on their income.
Tax Difference
The variation between tax treatments in different scenarios or jurisdictions, often affecting financial decisions and outcomes.
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