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  2. Pass-through (economics) - Wikipedia

    en.wikipedia.org/wiki/Pass-through_(economics)

    In addition to the absolute pass-through that uses incremental values (i.e., $2 cost shock causing $1 increase in price yields a 50% pass-through rate), some researchers use pass-through elasticity, where the ratio is calculated based on percentage change of price and cost (for example, with elasticity of 0.5, a 2% increase in cost yields a 1% increase in price).

  3. Flow-through entity - Wikipedia

    en.wikipedia.org/wiki/Flow-through_entity

    [11] Brownback's tax overhaul created pass-through income tax exemptions as well as trimming income tax, eliminating some corporate taxes. [10] From 2013 to 2017, Kansas experienced budget shortfalls culminating in a $350 million budget shortfall in February 2017, which "threatened the viability of [the state's] schools and infrastructure". [10]

  4. Net income - Wikipedia

    en.wikipedia.org/wiki/Net_income

    The bookkeeper or accountant must itemise and allocate revenues and expenses properly to the specific working scope and context in which the term is applied. Net income is usually calculated per annum, for each fiscal year. The items deducted will typically include tax expense, financing expense (interest expense), and minority

  5. Here's what it takes to be in the top 1% in your state — plus ...

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    2021/22 tax data shows a very wide income range on a state-by-state basis. Don't miss Accredited investors can become the landlord of Walmart, Whole Foods or Kroger — and benefit from regular ...

  6. Demonic dad allegedly beheads 1-year-old son with knife after ...

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    A demonic California dad has been arrested for allegedly beheading his 1-year-old son Friday in an early-morning frenzy of violence that also injured his wife and her mother, according to police.

  7. Internal Revenue Code section 212 - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    Internal Revenue Code § 212 (26 U.S.C. § 212) provides a deduction, for U.S. federal income tax purposes, for expenses incurred in investment activities. Taxpayers are allowed to deduct all the ordinary and necessary expenses paid or incurred during the taxable year-- (1) for the production or collection of income;

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    Get today's best rates on high-yield FDIC-insured savings accounts to more quickly grow your everyday money, build an emergency reserve or save for a successful retirement.

  9. Corporate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax_in_the...

    Corporate income tax as a share of GDP, 1946–2009. Corporate income tax is imposed at the federal level [2] on all entities treated as corporations (see Entity classification below), and by 47 states and the District of Columbia. Certain localities also impose corporate income tax.

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