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TeachMeFinance.com - explain Summarized Income Rate Summarized Income Rate The term 'Summarized Income Rate ' as it applies to the area of Medicare in the United States can be defined as ' The ratio of (1) the present value of the tax revenues incurred during a given period (from both payroll taxes and taxation of OASDI benefits), to (2) the present value of the taxable payroll for the years in the period'. Previous 5 Terms: Sulfur hexafluoride (SF6) Sulfur oxides (SOx) sulphorous sulphureous sum Next 5 Terms: summary statistics summation Summation Principle Summer Summer and winter peaking About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.