tax bracket Meaning in the Cambridge English Dictionary
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Meaning of “tax bracket” in the English Dictionary

"tax bracket" in Business English

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tax bracketnoun [C]

uk   us   (also income tax bracket, also UK tax band) TAX
a ​range of similar ​incomes used to ​calculate the ​rate of ​incometax that ​people must ​pay: For ​investors who are in the 15% ​federalincometaxbracket, the ​gains will be ​taxed at a ​maximum of 10%.high/low tax bracket If you're in thehighest taxbracket, you may want to set aside ​funds in a ​tax-freeaccount. the bottom/​toptaxbracket
(Definition of tax bracket from the Cambridge Business English Dictionary © Cambridge University Press)
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