Difference between revisions of "Income tax"

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An assessment levied by government on the net income of individuals and businesses.
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'''Income tax''' is a [[tax]] levied by [[government]] on the net [[income]] of individuals and businesses.
  
 
==Sources==
 
==Sources==

Revision as of 18:18, August 14, 2007

Income tax is a tax levied by government on the net income of individuals and businesses.

Sources

http://usinfo.state.gov/products/pubs/oecon/chap12.htm