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Average tax rate |
Also found in: Legal, Wikipedia | 0.03 sec. |
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Average tax rate Taxes as a fraction of income; total taxes divided by total taxable income. |
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? Mentioned in | ? References in periodicals archive | |
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The average tax rate over the life of the 25-year bond was expected to be $42. Her taxes on her adjusted gross income less $8,300 in deductions are computed to be $4,325 or an average tax rate of approximately 16 percent. It is expected that the ongoing freeze on the average tax rate will still hold at 10. |
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