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income tax bracket

   Also found in: Wikipedia 0.03 sec.
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Noun1.income tax bracket - a category of taxpayers based on the amount of their income
bracket - a category falling within certain defined limits

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California's personal income tax brackets will be indexed at 4.
For example, if the stock were owned by an individual beneficiary in the highest income tax bracket, the tax would be no higher for the ESBT than for the beneficiary.
His plan calls for higher taxes on tobacco, alcohol and on the state's highest income tax bracket.
 
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