TAX BRACKET

TAX BRACKET

tax bracket. A categorized level of income subject to a particular tax rate under federal or state law (28% tax bracket). [Cases: Internal Revenue 3545¨C3552; Taxation 1061¨C1065. C.J.S. Internal Revenue ¡ì¡ì 331¨C333, 335, 358¨C361, 797; Taxation ¡ì 1698.]
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