Marginal Tax Rate
Under a marginal tax rate, tax payers are most often divided into tax brackets or ranges, which determine which rate taxable income is taxed at. As income increases, what is earned will be taxed at a higher rate than your first dollar earned. While many believe this is the most equitable method of taxation, many others believe this discourages business investment by removing the incentive to work harder.
Investment dictionary. Academic. 2012.
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marginal tax rate — The percentage rate at which an individual s or business s next dollar of income is taxed. Compare: tax bracket Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & Finances Category: Business Cash Flow Problems &… … Law dictionary
marginal tax rate — noun : the rate of additional federal income tax to be paid on additional income * * * marginal tax rate noun (finance) The percentage of each pound of extra income paid in tax • • • Main Entry: ↑margin … Useful english dictionary
marginal tax rate — The *tax rate paid on the last unit of taxable income, or on an extra unit of taxable income. Under *progressive tax systems, the marginal rate is the highest rate of tax that falls on an individual or organization … Auditor's dictionary
Marginal tax rate — The tax rate that would have to be paid on any additional dollars of taxable income earned. The New York Times Financial Glossary … Financial and business terms
marginal tax rate — The tax rate that would have to be paid on any additional dollars of taxable income earned . Bloomberg Financial Dictionary … Financial and business terms
marginal tax rate — /ˌmɑ:dʒɪn(ə)l tæks reɪt/ noun same as marginal rate of tax … Dictionary of banking and finance
marginal tax rate — Fin the rate of tax payable on a person’s income after business expenses have been deducted … The ultimate business dictionary
Effective marginal tax rate — The term effective marginal tax rates , often abbreviated as EMTR refers to the combined effect of income tax and means testing of government welfare. It is the percentage of an extra unit of income (extra dollar, euro, yen etc) that the… … Wikipedia
Tax rate — For a type of taxation system in the United Kingdom and elsewhere, see Rates (tax). Taxation An aspect of fiscal policy … Wikipedia
tax rate — Amount of tax imposed on personal or corporate income, capital gains, gifts, estates, sales, etc. See also tax rate schedules. Marginal tax rate. The tax rate on the last dollar of taxable income earned by an individual or firm … Black's law dictionary