dual rate income tax
Definition
An income tax rate structure where all income is taxed at a lower tax rate up to a specified amount and then all income above that amount is taxed at a higher income tax rate. Essentially, there are different income tax rates charged depending upon a taxpayer's income levels.
Related Articles
- Investment Clubs *
- Cash Flow Statements Explained *
- Introduction to Buying a Car *
- Benefits and Risks Associated with Bonds *
- Using Your IRA for Real Estate Investments *
- Annuities as an Investment For Retirement *
- Disadvantages of Mutual Funds *
- Real Estate as an Investment *
Related Videos
http://www.businessdictionary.com/definition/dual-rate-income-tax.html
