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Revision as of 17:08, 20 May 2026
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Marginal tax rate may be the rate of tax would you on your last (or highest) quantity of income. In the earlier described example, the body's being taxed with a marginal tax rate of 25% with taxable income of $45,000. And also mean she is paying 25% federal tax on her last dollars of income (more than $33,950).
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