Tax rate refers to the percent of total gross wages owed in tax. Tax rates are imposed by the federal government and in some states the base their taxes on the person's income or the corporation's overall earnings. Tax rates are paid on a monthly basis or depending on the employer's general rules.
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a progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay. that means it takes a bigger percentage from high income earners than it does from low income people.