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

Mr Adam added that it would not address the "fundamental underlying issue" that tax rates on the self-employed are much lower than on employees.

Read more on BBC

Texas Instruments could also be impacted by a higher tax rate.

Read more on MarketWatch

The One Big Beautiful Bill Act, which Congress passed in July, drastically raised the tax rate on the income that university endowments earn on their portfolios—from 1.4% to as high as 8%.

Read more on The Wall Street Journal

So if one of the Hagers dies, the surviving spouse could easily end up paying a higher tax rate, especially if trying to convert too high an amount of pretax retirement funds.

Read more on The Wall Street Journal

When reminded by debate hosts that Hochul hasn’t signaled support for raising income taxes, Mamdani said he would also raise the corporate tax rate.

Read more on The Wall Street Journal