Effective Tax Rate

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Definitions
Effective Tax Rate
Effective Tax Rate Taxpayer Liability Total Taxable Income Progressive Taxation Tax Rates Tax Calculation
The effective tax rate represents the average rate at which an individual or a corporation is taxed on earned income.
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Definitions
Tax Rate
Tax Rate Taxation Effective Tax Rate Marginal Tax Rate Tax Liability Tax Base Public Finance Fiscal Policy
A tax rate is the percentage at which an individual or corporation is taxed. Tax liability is calculated by applying the appropriate tax rate to the tax base.
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