tax rate

noun

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

tax rate

noun

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

Word History and Origins

Origin of tax rate¹

First recorded in 1875–80

Example Sentences

The decision of whether to fund a Roth versus a traditional account involves a bet on your future income and tax rates—which will determine whether it’s better to pay your taxes now or later.

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States can change their tax rates for a variety of reasons.

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Scotland sets its own income tax rates, but changes to thresholds do have an impact north of the border.

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Lower economic growth usually leads to lower tax revenues if the tax rates are left unchanged.

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Investment is at an all-time low with operators instead looking to spend their money in parts of the world with more favourable tax rates.

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