Social Sciences, asked by Mohammadraffi, 10 months ago

RATES OF INCOME TAX what is it means​

Answers

Answered by Ashmita440
2
A tax rate is the percentage at which an individual or corporation is taxed. The United States (both the federal government and many of the states) uses a progressive tax rate system, in which the percentage of tax charged increases as the amount of the person's or entity's taxable income increases.
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