Cricket Windies
Marginal Tax rate - Printable Version

+- Cricket Windies (https://cricketwindies.com)
+-- Forum: What’s on Your Mind? (https://cricketwindies.com/forum-3.html)
+--- Forum: The Water Cooler! (https://cricketwindies.com/forum-4.html)
+--- Thread: Marginal Tax rate (/thread-5616.html)



Marginal Tax rate - Nargis - 04-13-2012

what is this?


Re: Marginal Tax rate - BK - 04-13-2012

the highest tax you can pay on your salary (the last dollar you work for).

say you work for $99
the first $33 you might pay 7% tax
the second $33 you pay 14% tax and
the last $33 you pay 21% tax (which is the marginal tax rate)