Your marginal tax rate is the highest income tax rate you’ll pay on your income. Because the U.S. has a progressive tax system, different tiers of your income are taxed at different rates. The ...

The marginal tax rate is the percentage of tax applied to your income for each tax bracket in which you qualify. Essentially, it’s the rate you pay on an additional dollar of income. This rate ...

Ever wonder how much of your income you’re really paying in taxes? Understanding the difference between your marginal tax rate vs. effective tax rate is key to making smarter financial decisions, from ...