0 the rate of tax paid on the last part of a person's or organization's income in a particular period:
The law would have lowered the top marginal rate on income earned in the city.
The higher marginal tax rate applies to individuals with more than $120,000 of net income.
For most people, their marginal rate of tax will be higher when investing and lower when retired.
NEW WORDS
European
May 10, 2021
WORD OF THE DAY
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marginal rate