| allocation | distribution according to a plan |
| commercialize | to organize something to make a profit |
| externalities | the result or effect of an action or situation |
| infrastructure | basic systems and services such as trasport and power supplies |
| optimal | the best or most likely to bring success |
| unfettered | not limited by any rules or controls |
| peak | szczyt na wykresie |
| trough | dołek na wykresie |
| contraction | spadki na wykresie, recesja |
| expansion | wzrosty na wykresie, ożywienie |
| income tax | the tax people pay on their wages and salaries |
| income tax | podatek dochodowy |
| direct tax | a tax on wages and salaries or on company profits |
| direct tax | podatek bezpośredni |
| progressive tax | podaatek progresywny |
| progressive tax | a tax levied at a higher rate on higher incomes |
| indirect tax | podatek pośredni |
| indirect tax | a tax paid on property, sales trasactionsm imports etc. |
| value-added tax | podatek od wartości dodanej |
| value-added tax | a tax collected at each stage of production, excluding the already-taxed costs from previous stages |
| capital gains tax | podatek od zysku |
| capital gains tax | profits made by selling assets are generally liable to it |
| inheritance tax | podatek spadkowy, od darowizny |
| inheritance tax | gifts to a family members over a certain value are often liable to it |
| wealth tax / redistributive tax | podatek od zamożności |
| wealth tax / redistributive tax | the annual tax imposed on people`s fortunes (in some countries) |
| tax evasion | uchylanie się od podatku |
| tak evasion | making false declarations to the tax authorities |
| tax avoidance | unikanie podatku |
| tax avoidance | reducing the amount of tax you pay to a legal minimum |
| tax havens | raje podatkowe |
| tax havens | countries where taxes are low, where multinational companies often set up their head offices |
| loophole | kruczek prawny |
| loophole | a small mistake or exception in a tax law, which allows you to avoid paying something |
| money launderers | pracze brudnych pieniędzy |
| poverty | ubóstwo |