Phrases with «percent tax»

The phrase "percent tax" refers to a certain percentage of money that is charged by the government on a particular item or income as a form of taxation. For example, if there is a 10 percent tax on a $100 purchase, you would have to pay an additional $10 in taxes. Full definition

Related phrases

Sentences with «percent tax»

  • The tax would be optional, phased in over three years, subject employers to a 1.5 percent tax on payroll expenses and eventually grow to 5 percent. (nystateofpolitics.com)
  • And don't forget their 2012 2 percent tax cap on year - to - year tax levy increases for all schools and local governments. (suffolktimes.timesreview.com)
  • In this example, all three investors are in the 28 percent tax bracket in 1998 but could be in any of three tax brackets in retirement. (realtormag.realtor.org)
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