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higher rate
noun
- (in Britain) a rate of income tax that is higher than the basic rate and becomes payable on taxable income in excess of a specified limit
Example Sentences
US President Donald Trump has brought in import taxes on dozens of countries since re-entering the White House, although on Wednesday he paused the higher rate on some of them.
The levy is in line with that charged on products from a range of other countries, including Turkey and Singapore, whilst other trading partners have been hit with a higher rate, with the European Union facing a tariff of 20%.
Some studies have shown that people who have a higher rate of this emotional granularity, one form of emotional intelligence, report a greater life satisfaction and well-being, a stronger ability to develop coping mechanisms, and reduced rates of depression and anxiety.
FBI data shows that this group commits deadly shootings at a much higher rate than older Americans.
Purchasers usually have to pay a higher rate of LTT if they:
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