Grade Tax

Definition of "Grade tax"

Increasing tax rates with increasing levels of taxable income.

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Related Real Estate Glossary terms

Branch Office

Local business headquarters of an insurance company that markets and services its products and lines ...

Possession

Holding and controlling property. It includes not only custody but also having some legal right. An ...

Taxable Income

Individual: Adjusted gross income less itemized deductions and personal exemptions. After taxable ...

Adjustment Income

Income payable to a surviving spouse or other beneficiary upon the death of the primary wage earner ...

Coinsurance Limit

In a mercantile open-stock burglary insurance policy, the dollar amount of coverage as required by t ...

Cement Block

See concrete block. ...

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