Marginal rate of tax: Difference between revisions

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The rate of tax at which a taxpayer would be effectively taxed on the additional income if his total taxable income increased by a small amount.
The rate of tax at which a taxpayer would be effectively taxed on the additional income if the taxpayer's total taxable income increased by a small amount.





Revision as of 15:51, 1 August 2018

The rate of tax at which a taxpayer would be effectively taxed on the additional income if the taxpayer's total taxable income increased by a small amount.


See also