tax rate

(redirected from Marginal deduction rate)
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Related to Marginal deduction rate: Average tax rate

tax rate

n
(Economics) the percentage of income, wealth, etc, assessed as payable in taxation
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.tax rate - rate used to calculate tax liability
charge per unit, rate - amount of a charge or payment relative to some basis; "a 10-minute phone call at that rate would cost $5"
References in periodicals archive ?
Family Action also expressed concerns that the Government had not been clear about plans for Council Tax Benefit and help with child care costs, which it said could send the Marginal Deduction rate soaring even higher for some.
Assessing the Impact of the Universal Credit on Marginal Deduction Rates - claims that the Credit on Marginal Deduction Rates could cut the financial benefits of progressing in work, through increased hours or pay, for a group of people who receive some tax credit but also pay tax and national insurance.