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Marginal tax rate
6:22
YouTubeThe Finance Storyteller
Marginal tax rate
Marginal tax rate and average tax rate explained. How does a marginal tax rate apply to your taxable income, and how do you calculate your average #tax rate. Let’s work through those questions with some examples. Many countries in the world use tax brackets and a progressive tax rate system. A tax bracket system means that you “slice ...
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Marginal Tax Rate Explained
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