What is the difference between average tax rate and marginal tax rate? Which one should we use

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What is the difference between average tax rate and marginal tax rate? Which one should we use in calculating incremental after-tax cash flows?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 08, 2012 01:07 AM

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What is the difference between average tax rate and marginal tax rate? Which one should we use

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In a progressive tax system the marginal tax rate is ...View the full answer

Fundamentals of corporate finance

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