Examlex
An applicant for a job with the U.S.Postal Service scores in the bottom 5% of all applicants on a test that measures the ability to sort mail.This is an example of
Average Tax Rate
The ratio of the total amount of taxes paid to the taxpayer's total taxable income.
Federal Income Tax
A tax levied by the federal government on individuals' and businesses' annual earnings, used to fund public services and government obligations.
Marginal Tax Rate
The rate at which the last dollar of income is taxed, indicating the taxation rate for each additional dollar earned.
Federal Income Tax
A tax levied by the U.S. federal government on an individual's or entity's annual income.
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