tax rate

American  

noun

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

---

tax rate British  

noun

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

---

Etymology

Origin of tax rate

First recorded in 1875–80

Example Sentences

If Congress eventually raises tax rates, funding a Roth today could be a smart move, he said.

From The Wall Street Journal

The company also backed its outlook for gross margin, for selling, general and administrative expenses and for effective tax rates.

From The Wall Street Journal

Nor can it set National Insurance rates, or align them with Scottish tax rates.

From BBC

In other words, homeowners are incentivized to not sell their home and give up their tax rate, which remains low even as their home value skyrockets.

From MarketWatch

From being locked out of assets to facing a “widow’s penalty” that can raise tax rates, the transition from a partnership to solo financial management is fraught with potential costs.

From The Wall Street Journal