And there is nothing to worry here actually, for even if you have set your hard disk to turn off after say 5 mins, if there is some background maintenance task being carried out, it will not shut down â but instead the system will reset the hard diskâs idle timer.
The Average Tax Rate Definition. The average tax rate in the United States varies depending on the amount of income to which it's applied. An average tax rate as it applies to income tax may be defined as the percentage of income owed as taxes or, as Fair Tax defines the term, as the ratio of taxes paid to taxable income. In mathematical terms, divide the total tax liability by total taxable income to get the average tax rate.
Despite statutory rates hovering near 39% for the last 25 years, effective tax rates have been gradually decreasing (see Exhibit 2). At 30%, the current S&P 500 median effective tax rate is almost 10 percentage points below the statutory level, and close to the global statutory average. The aggregate tax rate has averaged 33% over the past 10 years and was 26% over the past four quarters.