tax bracket
noun[C]
TAXukus(alsoincome tax bracket);(alsoUKtax band)arangeofsimilarincomesused tocalculatetherateofincometaxthatpeoplemustpay:
Forinvestorswho are in the 15%federalincometaxbracket, thegainswill betaxedat amaximumof 10%.
high/low tax bracketIf you'rein thehighesttaxbracket, you maywantto setasidefundsin atax-freeaccount.
thebottom/toptaxbracket