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1 year ago

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Marginal vs. Effective Tax Rates: Differences, How to Calculate

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Marginal vs. Effective Tax Rates: Differences, How to Calculate

Your marginal tax rate is the highest rate that applies to just a portion of your income, while your effective tax rate is the average rate you pay on all of your income.

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Marginal vs. Effective Tax Rates: Differences, How to Calculate

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Marginal vs. Effective Tax Rates: Differences, How to Calculate

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