taxbite

plural taxbites

1. alternativeAlternative form of tax bite.

   The taxbite on an income of $6498 in 1969, if tax rates had been exactly the same as in 1965

   1970, United States. Congress. Senate. Foreign Relations, Impact of the war in southeast Asia on the U.S. economy

   2 more examples

   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.

   1980, Newsweek, volume 95, numbers 1-8

   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.

   2004, Roy L. Nersesian, Corporate Financial Risk Management, page 225