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Phrases with «deduction rate»

"deduction rate" refers to the percentage or amount that is subtracted or taken away from a particular value or total. It is often used in financial or tax contexts to indicate the portion of income or expenses that can be reduced or claimed as deductions. Full definition

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Sentences with «deduction rate»

  • As a whole, the Republican tax plan will cut income tax rates for individuals and businesses, and double the standard deduction rates. (designrush.com)
  • The other two, tax deduction rates and premium costs, must be current year's numbers, however. (money.stackexchange.com)
  • To my mind, the absolute least that the federal government could do would be to concurrently put in a graduated system (call it a «marginal deduction rate») where people can deduct 18 % of their income on the first $ 140,000 and then, say, 10 % on all additional income — with no income limits whatsoever. (canadianbusiness.com)
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