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

California, at the other end of the scale, had an effective tax rate of 16.9%.

From The Wall Street Journal ● Sep. 9, 2026

Here’s a simplified example: John’s top tax rate is 22% and could be 22% when he withdraws from retirement accounts.

From The Wall Street Journal ● Sep. 4, 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

It is admitted that during the early part of Reconstruction the local tax rate was high, the reasons for which are fully explained in The Facts of Reconstruction.

From The Journal of Negro History, Volume 3, 1918 by Various