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Revision as of 17:32, 28 August 2026

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Marginal tax rate may be the rate of tax as opposed to on your last (or highest) number of income. In the last described example, the person is being taxed with a marginal tax rate of 25% with taxable income of $45,000. This would mean the affected individual is paying 25% on her last dollars of income (more than $33,950).

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