Examlex
Explain what is meant by the rule of five.
Marginal Tax Rate
The rate at which the last dollar of income is taxed, indicating the percentage of tax applied to your income for each tax bracket in which you qualify.
Net Investment
The total amount spent on acquiring, maintaining, and improving fixed assets, minus depreciation.
Marginal Tax Rate
The rate at which the last dollar of a taxpayer's income is taxed, indicating the percentage of tax applied to your income for each tax bracket in which you qualify.
Market Value
The current price at which an asset or service can be bought or sold.
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