Effective tax rate and marginal tax bracket might seem like complicated tax terms, but they’re simply two different ways to express how much you pay in taxes. The main difference between marginal and ...
Many taxpayers are confused about the difference between effective and marginal tax rates. The marginal tax rate is the rate of tax charged on a taxpayer's last dollar of income. The effective tax ...
Use our interactive tool to see why your top tax rate isn’t what you actually pay.
It almost ALWAYS makes sense economically to make more money. Only if the tax rates were above 100% would it not make sense to earn more money.