half-income system

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• income tax — a tax levied on incomes, esp. an annual government tax on personal incomes. [1790 1800] * * * Levy imposed by public authority on the incomes of persons or corporations within its jurisdiction. In nations with an advanced system of private… …   Universalium

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• political system — Introduction       the set of formal legal institutions that constitute a “government” or a “ state.” This is the definition adopted by many studies of the legal or constitutional arrangements of advanced political orders. More broadly defined,… …   Universalium