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Version du 23 octobre 2024 à 15:29

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Marginal tax rate could be the rate of tax would you on your last (or highest) quantity income. In the described example, the person is being taxed with a marginal tax rate of 25% with taxable income of $45,000. This certainly will mean he or she is paying 25% federal tax on her last dollars of income (more than $33,950).

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Copyright 2010 by RioneX IP Group LLC. All rights lined up. This material may be freely copied and distributed subject to inclusion in the copyright notice, author information and all of the hyperlinks are kept unchanged.