marginal rate
economics
Also known as: marginal tax rate
Learn about this topic in these articles:
graduation of income tax
- In government budget: The relationship between tax rates and revenues
…pay tax at a uniform marginal rate, while other countries have more steeply rising rate schedules. Higher marginal tax rates make work less rewarding, which tends to reduce work effort. High marginal rates, however, may have less impact in some areas than others, a factor that needs to be considered…
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