marginal tax rate

English - Turkish

Definition of marginal tax rate in English Turkish dictionary

Related Terms

marginal rate

marjinal oran

English - English

Definition of marginal tax rate in English English dictionary

The tax rate that applies to the next dollar of taxable income If another dollar of taxable income is received in the same tax year, the number of cents that must be paid in additional income taxes is the same as the percentage of additional income that will be paid in taxes

is the rate of tax applicable to the income range which the person's taxable income is in

The fraction of an additional dollar of income paid out in taxes

the rate of tax at the margin; the extra tax that will have to be paid as a result of an additional dollar of income

the tax rate paid on additional amounts of pre-tax income

The total tax payable on the last dollar of income The overall tax rate, which measures the total tax payable as a percentage of total income, will be significantly lower

The tax rate that would be applied to the next dollar of income

The rate of tax on the last dollar of taxable income

the change in total tax divided by the change in income (chapter 14)

The tax rate that applies to an additional dollar of income [Back to top]

The tax rate that would have to be paid on any additional dollars of taxable income earned

refers to your highest tax rate

The increase in a person's taxes when his income rises, expressed as a percentage of the increase in income (p 520)

The tax rate you would owe on your next dollar of taxable income This can be highly valuable information when you are making investment decisions In the U S progressive income tax system, the marginal tax rate increases as income rises So if you're thinking about realizing some short-term capital gains, buying fixed-income securities or prepaying your mortgage, you should consider what income tax bracket you're in first See "Should I Prepay?" BACK TO TOP

The rate you pay on the last (highest) dollar of personal or household (if married) earnings Current federal marginal tax rates range from 15% to 39 6%

the extra tax that will have to be paid as a result of an additional dollar of income

The tax rate that would have to be paid if any additional dollars of taxable income were earned

- amount of tax payable on the next dollar earned

The income tax rate at which the last dollar of your income is taxed Under federal law, you often pay a lower tax rate on your first dollar of taxable income than you do on your last dollar The marginal rate is the highest rate at which your income is taxed

The tax rate on additional income

is the rate of tax applicable to the income range into which the employee's taxable income falls

The amount of tax imposed on an additional dollar of income

– The rate of tax on the last dollar of taxable income

The ratio of the increase in tax to the increase in the tax base (i e the tax rate on each additional dollar of income) A single individual earning $40,000 who experiences a $1,000 increase in income and has to pay an additional $452 in income tax has a marginal tax rate of 45 2 per cent ($452 divided by $1,000)

Hyphenation

mar·gin·al tax rate

Turkish pronunciation

märcınıl täks reyt

Pronunciation

/ˈmärʤənəl ˈtaks ˈrāt/ /ˈmɑːrʤənəl ˈtæks ˈreɪt/