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Tax Rate
(redirected from Marginal rates)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

The amount of charges imposed by the government upon personal or corporate income, capital gains, gifts, estates, and sales that are within its statutory authority to regulate.

Tax rate schedules are utilized by taxpayers whose taxable incomes exceed certain designated amounts. Separate schedules are provided for married individuals who file jointly, unmarried people who maintain a household, single people, estates, trusts, and married couples who file separate returns.

Cross-references

Income Tax; Taxation.



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We have now seen for certain what was then only suspected: that cuts in top marginal rates benefit the wealthy more than the economy on a long-term basis (you don’t see the rich firing themselves), and that Milton Friedman, the god of economic inequality, is basically full of crap if what you’re looking for is long-lasting democratic capitalism.
marginal rates of substitution) remain unchanged along any 45[degrees] line from an initial equilibrium point.
Both the margin of increase--large changes in participation and no changes in hours conditional on participation--and its distribution across tax brackets indicate that reductions in average tax rates were far more important than changes in marginal rates.
 
 
 
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