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Description: y is a person’s salary as paid by the employer, y' his or her take-home pay, adjusted for taxes, benefits etc. It can be described as obtained from y either by a tax on the part of income above break-even point (which will be negative below that point) or by the joint operation of a tax on all his or her salary compensated by a fixed stipend.
Title: Cjcbi
Credit: Own work
Author: Colin.champion
Usage Terms: Creative Commons Attribution-Share Alike 4.0
License: CC BY-SA 4.0
License Link: https://creativecommons.org/licenses/by-sa/4.0
Attribution Required?: Yes

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