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Revision as of 20:45, 12 May 2026
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Marginal tax rate may be the rate of tax devote on your last (or highest) amount income. In the last described example, the individual is being taxed with a marginal tax rate of 25% with taxable income of $45,000. The best selection mean she or he is paying 25% federal tax on her last dollars of income (more than $33,950).
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