tax bracket
noun [ C ]
TAX ukus(also income tax bracket); (also UK tax band)a range of similar incomes used to calculate the rate of income tax that people must pay:
For investors who are in the 15% federal income tax bracket, the gains will be taxed at a maximum of 10%.
high/low tax bracket If you're in the highest tax bracket, you may want to set aside funds in a tax-free account.
the bottom/top tax bracket