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Draw resonance structures for the following compound.
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Total tax paid divided by total taxable income or some other base (such as total income) against which to compare the amount of tax paid. Expressed as a percentage.
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At the individual level, a tax whose average tax rate increases as the taxpayer’s income increases. At the national level, a tax for which the average tax rate (= tax revenue/GDP) rises with GDP.
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A government grant paid to individuals, businesses, or other entities as financial support to encourage or maintain economic activities deemed beneficial.
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