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

Mamdani has said raising taxes on the wealthy could provide as much as $9bn for his agenda, along with increasing the corporate tax rate from 7.25% to 11.5%.

From BBC • May 6, 2026

Others are prioritizing the preservation of Proposition 13, California’s famous tax amendment from 1978 that sets the base property tax rate at 1% and caps annual increases at 2%.

From Los Angeles Times • May 1, 2026

The effective tax rate for America’s top earners dropped from 30% in 2010-17 to 23.8% in 2018-20.

From MarketWatch • May 1, 2026

The tax reimbursement estimate for Zaslav, who lives in New York, was “calculated based on a 20.00% excise tax rate and an estimated effective tax rate of 54.126% ,” Warner said.

From Los Angeles Times • Apr. 9, 2026

There is a phase of education in the public meeting, whether its purpose be to discuss the municipal tax rate or the flora of the Rockies.

From The Cow Puncher by Stead, Robert J. C.