"tax rate." YourDictionary, n.d. Web. 12 October 2018. <http://www.yourdictionary.com/tax-rate>.
tax rate. (n.d.). Retrieved October 12th, 2018, from http://www.yourdictionary.com/tax-rate
tax rate - Legal Definition
A percentage of net income
used to compute one’s income tax liability. Currently, there are three brackets
for computing federal income tax. The percentage one pays increases, as income
increases, enough to move one from one bracket into a higher one of those
three. See also tax.