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Average tax rate

   Also found in: Legal, Wikipedia 0.04 sec.
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
 
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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