What does tax rate mean?
Definitions for tax rate
tax rate
This dictionary definitions page includes all the possible meanings, example usage and translations of the word tax rate.
Princeton's WordNet
tax ratenoun
rate used to calculate tax liability
Wiktionary
tax ratenoun
A rate, usually a percentage rate, at which something is taxed.
Wikipedia
Tax rate
In a tax system, the tax rate is the 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.
ChatGPT
tax rate
A tax rate is the percentage at which an individual or corporation is taxed by the government. This can be applied to various types of taxes including income tax, sales tax, property tax, etc. The rate is usually set by the government or other taxing authority and can vary based on income level or type of goods and services.
Editors Contribution
tax rate
A specific rate of tax to pay, cocreated in law or legislation.
The tax rate is specific to all citizens of the country.
Submitted by MaryC on January 21, 2021
Matched Categories
Numerology
Chaldean Numerology
The numerical value of tax rate in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of tax rate in Pythagorean Numerology is: 8
Examples of tax rate in a Sentence
The proposal allows wealthy households to spread initial top-up payments on unrealized income over nine years, and then five years for top-up payments on new income going forward, stretching payment over multiple years will smooth year-to-year variation in investment income, while still ensuring that the wealthiest end up paying a minimum tax rate of 20 percent. Illiquid taxpayers may opt to pay later with interest.
What is the income tax rate in Texas and Florida, zero. There is no income tax. Why can't we have no income tax on the federal level. Let's get rid of the damn income tax and do taxes like we do in Texas and Florida. So Texas and Florida have no income tax.
Any increase in the corporate tax rate increases the bills you pay, particularly with publicly regulated corporations, this is going to affect the public utilities in all 50 states.
The issue is much broader than the U.S. corporate tax rate being high.
Of course we want jobs in this country, of course we want people working in this country, what is a problem is if they decide to domicile their company somewhere else in order to pay tax at somebody else's tax rate, and that ends up underfunding our public services.
Translations for tax rate
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"tax rate." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/tax+rate>.
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