Question
What is the marginal tax bracket? A marginal tax bracket is the: Tax rate imposed on any income earned. A progressive tax system means the
What is the marginal tax bracket? A marginal tax bracket is the:
| Tax rate imposed on any income earned. A progressive tax system means the lower an individuals income, the higher the percentage of income tax paid. | ||
| tax rate imposed on any additional (marginal) income earned. A progressive tax system means the higher an individual's income, the higher the percentage of income tax paid. | ||
| row in the tax table. A progressive tax system means the lower an individual's income, the higher the percentage of income tax paid. | ||
| range of income in a tax bracket. A progressive tax system means the higher an individual's income, the higher the percentage of income tax paid. |
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