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| | Income Tax (Site not responding. Last check: 2007-10-13) |
 | | Individual income taxes generally tax the total income of the individual (with some deductions permitted), while corporate income taxes often tax net income, the difference between gross receipts and expenses. |
 | | Generally, tax will be charged on personal earnings (wages, welfare), capital gains, and business income. |
 | | Peel, as a Conservative, had opposed income tax in the 1841 general election, but a growing budget deficit required a new source of funds. |
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