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.
effective income tax rate. Definition. The actual rate at which a taxpayer pays taxes on income accounting for all taxes and offsets. The rate is calculated by dividing the total of all taxes paid, less offsets, by the total taxable income. The effective rate is typically lower than the tax bracket, which is currently based on a progressive rate scale. For example, a person in the 28% tax bracket who paid a total of state and federal taxes of $13,000 on $100,000 of taxable income has an effective tax rate of 13%.