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Revision as of 10:49, 4 February 2025

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Marginal tax rate will be the rate of tax get yourself a on your last (or highest) quantity of income. In the described example, the person is being taxed with a marginal tax rate of 25% with taxable income of $45,000. May well mean she is paying 25% federal tax on her last dollars of income (more than $33,950).

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