tax rate

American  

noun

1. the percentage of the value of a property to be paid as a tax.

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tax rate British  

noun

1. the percentage of income, wealth, etc, assessed as payable in taxation

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Etymology

Origin of tax rate

First recorded in 1875–80

Example Sentences

See Examples For:

tax rate

Including its incentives, Ohio’s effective tax rate on data centers was 1.2% as of the end of 2025.

From The Wall Street Journal ● Sep. 9, 2026

At that point, the investor’s tax rate on long-term capital gains will likely be lower than his or her rate on ordinary income.

From The Wall Street Journal ● Aug. 21, 2026

Originally, the bill called for raising the payroll tax rate by one-tenth of a percentage point a year, to an employer/employee combined 14.8% by the 2040.

From Los Angeles Times ● Aug. 18, 2026

If my marginal tax rate is likely to be about the same whether I convert now or pay the tax later, is there a meaningful advantage to doing Roth conversions in my situation?

From MarketWatch ● Aug. 15, 2026

One of the key recommendations was to give the President limited power to cut the 20 percent tax rate on the first $2000 of personal income, if needed to help the economy....

From The Invisible Government by Dan Smoot