What is another word for tax bracket?

Pronunciation: [tˈaks bɹˈakɪt] (IPA)

One of the most familiar terms in the language of taxation is the tax bracket. It refers to the range of income that determines how much tax an individual must pay on that income. However, there are other words that can also be used interchangeably instead of tax bracket. For instance, revenue bracket, tax range, taxable income level, income band, and tax slab are all synonyms that describe a specific range of income within which the individual's taxable income falls, and the tax rate is set accordingly. The use of these different terms helps individuals and businesses to understand the complexity of taxes better.

What are the hypernyms for Tax bracket?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Tax bracket

  • Love is much nicer to be in than an automobile accident, a tight girdle, a higher tax bracket or a holding pattern over Philadelphia.
    Judith Viorst
  • Legislation to create a new 10 percent tax bracket, reduce the marriage penalty, cut the tax rate on dividends and capital gains, and increase the child tax credit have been essential elements in this economic expansion.
    Roger Wicker

Related words: tax bracket gif, tax bracket calculator, how to calculate tax brackets, your tax bracket, how much tax do you pay, which bracket are you in, which tax bracket do i belong to, tax brackets in 2018

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