individual tax rate
41Tax protester (United States) — Part of a series on Taxation Taxation in the United States …
42progressive tax — Tax levied at a rate that increases as the quantity subject to taxation increases. Designed to collect a greater proportion of tax revenue from wealthy people, progressive taxes reflect the view that those who are able to pay more should carry a… …
43tax law — Introduction body of rules under which a public authority has a claim on taxpayers, requiring them to transfer to the authority part of their income or property. The power to impose taxes is generally recognized as a right of governments.… …
44rate — rate1 /rayt/, n., v., rated, rating. n. 1. the amount of a charge or payment with reference to some basis of calculation: a high rate of interest on loans. 2. a certain quantity or amount of one thing considered in relation to a unit of another… …
45tax — tax1 W1S1 [tæks] n [U and C] an amount of money that you must pay to the government according to your income, property, goods etc and that is used to pay for public services tax on ▪ a tax on fuel income/council/inheritance etc tax ▪ He already… …
46Tax Day — In the United States, Tax Day is a colloquial term for the day on which individual income tax returns are due to the federal government. The term may also refer to the same day for states, even where the tax return due date is a different day.… …
47Tax Reform Act of 1969 — The United States Tax Reform Act of 1969 established individual and corporate minimum taxes, established a new tax schedule for single taxpayers, and lowered the maximum rate on earned income from 70 percent to 50 percent.The act phased in an… …
48Tax Avoidance — The use of legal methods to modify an individual s financial situation in order to lower the amount of income tax owed. This is generally accomplished by claiming the permissible deductions and credits. This practice differs from tax evasion,… …
49Tax Reform Act of 1976 — The Tax Reform Act of 1976 was passed by the United States Congress in September of 1976, and signed into law by President Gerald Ford on October 4, 1976, becoming USPL|94|455.The act increased the percentage standard deduction to 16% ($2,800… …
50individual retirement account — IRA A US pension plan that allows annual sums to be set aside from earnings free of tax and accumulated in a fund, which pays interest. Basic rate tax is payable once the saver starts to withdraw from the account, which must be done no later than …
