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What Is One of the Biggest Problems with Federal Block

question 89

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What is one of the biggest problems with federal block grants?


Definitions:

Cash Dividend

A payout of a company's earnings to its shareholders in the form of cash.

AMT

Alternative Minimum Tax, a parallel tax system designed to ensure that individuals and corporations pay at least a minimum amount of taxes.

Alternative Minimum Tax

A parallel tax system designed to ensure that individuals and corporations that benefit from certain exemptions, deductions, or credits pay at least a minimum amount of tax.

Corporation

A legal entity that is separate and distinct from its owners, capable of owning property, entering into contracts, and being sued.

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