income brackets
Earnings-based categories
Income brackets are ranges of income used to determine tax rates or classify earners.
Tax systems divide income into brackets, with each bracket taxed at a progressively higher rate: The new salary pushed them into a higher income bracket.
The term also appears in demographic discussions: voters in the lowest income brackets, products targeting upper income brackets.
How prosperity is shared
- quintilesFive equal statistical divisions
- percentilesHundredth-fraction rank markers
- upper classWealthiest societal stratum
- middle classIntermediate socioeconomic group
lower class · working class · poverty line · net worth · earnings · salary range · wage scale · economic mobility
Economic inequality measure
- wage gapDisparity in earnings
- economic divideDisparity between income groups
- stratificationDivision into distinct levels
- privilegeExclusive right or benefit
underprivileged · marginalization · social mobility · upward mobility · downward mobility · gentrification · redlining · systemic inequality
wealth distribution
How prosperity is shared
- quintilesFive equal statistical divisions
- percentilesHundredth-fraction rank markers
- upper classWealthiest societal stratum
middle class · lower class · working class · poverty line · net worth · earnings · salary range · wage scale · economic mobility · means testing
wealth gap
Economic inequality measure
- wage gapDisparity in earnings
- economic divideDisparity between income groups
- stratificationDivision into distinct levels
privilege · underprivileged · marginalization · social mobility · upward mobility · downward mobility · gentrification · redlining · systemic inequality · classism
- social classupper class, middle class, lower class, working class, social class
- taxationtax, sales tax, tax return, tax refund, tax code
- US Taxationfederal tax, tax rates, tax code, IRS, tax reform
- income taxtax return, tax rates, tax bracket, tax rate, deductions
- numeric rangespercentages, rating scales, decades, centuries, millennia
- Tax Policytax reform, tax policy, tax code, tax rates, progressive tax
income bracketsflat tax
Single-rate income levy
poll tax · head tax · consumption tax · regressive tax · sales tax
income bracketsflat hierarchy
Organization with few levels
economic equality · universal basic income · classless society · income equality
income, unearned income, brackets, incomes, net income, gross income, taxable income, household income, disposable income