Tax Rate
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A Tax Rate is a rate of a government tax.
- Context:
- It can be from a Tax Bracket.
- …
- Counter-Example(s):
- See: Income Tax, Highest Income Tax Bracket, Lowest Income Tax Bracket, Laffer Curve.
References
2013
- http://en.wikipedia.org/wiki/Tax_rate
- In a tax system and in economics, the tax rate describes the burden ratio (usually expressed as a percentage) at which a business or person is taxed. There are several methods used to present a tax rate: statutory, average, marginal, and effective. These rates can also be presented using different definitions applied to a tax base: inclusive and exclusive.