explanation stating that wages are based on the supply and demand for a worker's skills

proportional tax on individual income that closes or minimizes most tax loopholes

life of a bond or length of time funds are borrowed

electronic marketplace for securities not listed on organized exchanges such as the New York Stock Exchange

annual plan by the U.S. government outlining the proposed expenditures and anticipated revenues for the coming year

labor union whose members perform different kinds of work in the same industry

special accounts used to fund specific types of expenditures such as Social Security

non depository institution that channels savings to borrowers

argument that stocks are always priced about right, and that bargains are hard to find

final burden of a tax

transfer payment from one level of government to another not involving compensation

arrangement under which workers do not have to join a union to be hired and cannot be made to join one to keep their jobs, but if they do join, they must remain members

bond, often tax exempt, issued by state and local governments

branch of the Treasury Department that collects taxes