tax bracket Definition

tax bracket

Definition

The level of income tax of a given individual, as indicated by the amount of taxes he/she pays on his/her final dollar of taxable income. also called marginal tax bracket or tax rate.

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tax bracket is ...
... part of the Taxes subject.

Related Terms

progressive tax - More

regressive tax -

flat tax -

bracket creep, capital gains distribution, filing status, forward averaging, tax credit, after-tax return, graduated flat tax

tax bracket appears in the definitions of these other terms on BusinessDictionary.com

income splitting, marginal relief, poverty trap, salary reduction plan

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