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riadik2000 [5.3K]
3 years ago
11

The _____ tax rate is the percentage of additional earnings that goes to taxes.

Business
1 answer:
blagie [28]3 years ago
7 0
The MARGINAL tax rate is the percentage of additional earnings that goes to taxes.

Marginal tax rate stands for the amount of tax paid on any additional income. It is based on progressive tax system that increases with the increase of an individual's income. Thus, it varis with the income of an individual.
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