If average tax rates rise with income, we say the tax system is «progressive». (canadianbusiness.com)
Some states are known for having the largest average tax refunds, so depending on where you live, your refund can go far when paying for life insurance premiums. (policygenius.com)
After 14 per cent average tax on all income other than TFSA income they would have about $ 7,500 to spend each month. (business.financialpost.com)