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

As the clock turns to 2026, the residents of nine states will pay lower tax rates on their income.

From The Wall Street Journal

There is no universal capital-gains exemption for stock sales; rather, 0% tax rate applies to long-term capital gains for taxpayers whose total income falls below specific thresholds, which are adjusted annually for inflation.

From MarketWatch

It can make sense if you expect higher future tax rates, although for obvious reasons, paying the tax with non-retirement cash is typically the best strategy.

From MarketWatch

I know that calculating the amount and duration of conversions is a complex matter with many variables, including assumptions about future tax rates, among other things.

From MarketWatch

An earlier version of this story calculated the net lottery winnings a person would take home based on California’s tax rate, but California does not tax lottery winnings such as Powerball.

From MarketWatch