Marginal Tax Rate, Bracket
Barron's Business Dictionary:
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Marginal Tax Rate, Bracket
Tax rate on an additional dollar of income. Due to the progressive rate structure of income taxes, an additional dollar of income could be taxed at a higher rate than all previous income. The highest marginal tax bracket for single individuals with taxable income above $336,550 is 35% in 2006.
| Marginal Revenue, Marginal Property, Marginal Propensity to Save (MPS) | |
| Marginal Utility, Marine Insurance, Marine Insurance, Inland |
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Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
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