- tax rate
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n.The percentage of income or purchase price that must be paid in tax; see also tax bracket
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- tax rate
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n. A percentage of net income used to compute one's income tax liability. Currently, there are three brackets for computing federal income tax. The percentage one pays increases, as income increases, enough to move one from one bracket into a higher one of those three.See also tax.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
- tax rate
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The amount of charges imposed by the government upon personal or corporate income, capital gains, gifts, estates, and sales that are within its statutory authority to regulate.
Dictionary from West's Encyclopedia of American Law. 2005.
- tax rate
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The amount of charges imposed by the government upon personal or corporate income, capital gains, gifts, estates, and sales that are within its statutory authority to regulate.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.