Marginal vs. effective tax rates are two ways to express the percentage of your income that goes to tax. But they're each ...

Effective tax rate is your average tax rate as a percentage of total income. Marginal tax rate is the tax on your highest dollar earned, not your total income. Historically, top marginal rates have ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Amanda Bellucco-Chatham is an editor, writer, and fact-checker with ...

Effective tax rate and marginal tax bracket might seem like complicated tax terms, but they’re simply two different ways to express how much you pay in taxes. The main difference between marginal and ...

Effective and marginal tax rates might not be familiar terms. However, they’re essential concepts to understand because they determine how much income you’ll have to fork over to the government every ...

Annual gross income Think of this as your salary, or the sum of your wages and tips, plus any income from interest, dividends, alimony, retirement distributions, unemployment compensation and Social ...