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Revision as of 15:05, 11 August 2026

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Marginal tax rate may be the rate of tax fresh on your last (or highest) regarding income. In the earlier described example, the body's being taxed with a marginal tax rate of 25% with taxable income of $45,000. This could mean she or he is paying 25% federal tax on her last dollars of income (more than $33,950).

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