Details Of 2010 Federal Income Taxes: Difference between revisions
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Revision as of 18:07, 4 February 2025
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Marginal tax rate may be the rate of tax would you on your last (or highest) regarding income. In the last described example, the body's being taxed with a marginal tax rate of 25% with taxable income of $45,000. Might mean this person is paying 25% on her last dollars of income (more than $33,950).
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