Examlex
Evaluate .
Marginal Tax Rate
The tax rate applied to the next dollar of taxable income, indicating the percentage of tax paid on any additional dollar earned.
Total Income
The sum of all earnings obtained from work, investments, and other sources before any deductions.
Total Taxes
The combined amount of all taxes levied by a government on individuals, corporations, and other entities.
Tax Rate Structure
The organization of tax rates into different brackets or categories, which determines the amount of tax levied on income, property, sales, etc.
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