SECA TAX
Self Employed Contributions Act Tax (SECA Tax) is a tax required to be paid by self-employed business owners with their net earnings as the basis of the tax. The Self Employed Contributions Act Tax (SECA Tax) was imposed by the SEC Act 1954. SECA Tax is very similar to Federal Insurance Contributions Act Tax (FICA Tax) which is required to be paid by employees. The tax usually goes toward funding Social Security, Medicare programs, and Old Age Survivors and Disability Insurance (OASDI).
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Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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