tax bracket

tax bracket
The percentage of tax obligation for a particular taxable income. Bloomberg Financial Dictionary

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tax bracket tax bracket bracket

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tax bracket UK US noun [C] (also income tax bracket, also UK tax band) TAX
a range of similar incomes used to calculate the rate of income tax that people must pay: »

For investors who are in the 15% federal income tax bracket, the gains will be taxed at a maximum of 10%.

high/low tax bracket »

If you're in the highest tax bracket, you may want to set aside funds in a tax-free account.


the bottom/top tax bracket

Financial and business terms. 2012.

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Look at other dictionaries:

  • tax bracket — n. A category of income that is subject to a particular tax rate. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. tax bracket The percentage rate at which …   Law dictionary

  • tax bracket — tax .bracket n a particular range of income levels on which the same rate of tax is paid ▪ It may put you in a higher tax bracket …   Dictionary of contemporary English

  • tax bracket — tax ,bracket noun count a particular range of incomes that are taxed at the same rate …   Usage of the words and phrases in modern English

  • tax bracket — noun a category of taxpayers based on the amount of their income • Syn: ↑income bracket, ↑income tax bracket • Hypernyms: ↑bracket * * * ˈtax bracket f45 [tax bracket] …   Useful english dictionary

  • Tax Bracket — The rate at which an individual is taxed. Tax brackets are set based on income levels; individuals with lower income levels are taxed at a lower rate than individuals with higher income levels. Tax brackets serve as cutoff points for given income …   Investment dictionary

  • tax bracket — UK / US noun [countable] Word forms tax bracket : singular tax bracket plural tax brackets a particular range of incomes that are taxed at the same rate …   English dictionary

  • Tax bracket — Tax brackets are the divisions at which tax rates change in a progressive tax system (or an explicitly regressive tax system, although this is much rarer). Essentially, they are the cutoff values for taxable income mdash; income past a certain… …   Wikipedia

  • tax bracket — Figures between which income is subjected to a specific rate of tax. See: basic rate of income tax, higher rate of income tax, lower rate of income tax, starting rate of income tax …   Accounting dictionary

  • tax bracket — A specified interval of income to which a specific tax rate is applied. Marginal tax rate. The point where the highest level of income falls …   Black's law dictionary

  • tax bracket — noun A range over which a piecewise linear, generally progressive, tax is linear …   Wiktionary

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