taxbite

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See also: tax bite

English

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Noun

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taxbite (plural taxbites)

  1. Alternative form of tax bite
    • 1970, United States. Congress. Senate. Foreign Relations, Impact of the war in southeast Asia on the U.S. economy:
      The taxbite on an income of $6498 in 1969, if tax rates had been exactly the same as in 1965
    • 1980, Newsweek, volume 95, numbers 1-8:
      In a recent survey, The Roper Organization found that only 2 per cent of those polled cited the social-security taxbite as one of their top concerns.
    • 2004, Roy L. Nersesian, Corporate Financial Risk Management, page 225:
      Rather than getting sidetracked discussing the true worth of $540000, 10 years in the future after the taxbite is taken out, the $540000 will simply be the benchmark for determining the break-even insurance premium.
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