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Definition of Tax bracket
1. Noun. A category of taxpayers based on the amount of their income.
Definition of Tax bracket
1. Noun. A range over which a piecewise linear, generally progressive, tax is linear. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Tax Bracket
Literary usage of Tax bracket
Below you will find example usage of this term as found in modern and/or classical literature:
1. Maintaining Budgetary Discipline: Spending and Revenue Options edited by Sherry Snyder (1999)
"The tax benefit of itemized deductions, like all deductions, increases with a
taxpayer's marginal tax bracket. For example, $10000 in itemized deductions ..."
2. The Flat Tax by Robert Ernest Hall, Alvin Rabushka (1995)
"President Reagan's top marginal rate of 28 percent is now President Clinton's
top rate of 39.6 percent, a 41 percent increase in the top tax bracket. ..."
3. Living Without Health Insurance: Hearing Before the Committee on Finance, U edited by Charles E. Grassley (2001)
"7 The 28 percent tax bracket included single tax files with taxable income of
... The 39.6 percent tax bracket included any tax filer with income over ..."
4. Taxing Wages by Inc NetLibrary, SourceOECD (Online service) (2006)
"The central government income tax bracket is indexed with the consumer price
index plus 2 per cent. In order to reduce the number of people paying the ..."
5. Fundamental Reform of Personal Income Tax by SourceOECD (Online service) (2006)
"A tax bracket refers to a range of taxable income to which a specific tax rate
is applied. In principle governments can implement either a progressive, ..."
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