Moaning about taxes is something almost all of us tend to do. But when you talk about your tax rate, you may actually have things wrong. Some people, for example, will complain that since they're in ...

Effective and marginal tax rates might not be familiar terms. However, they’re essential concepts to understand because they ...

Different types of tax provisions shape effective marginal tax rates on the earning of income, and some basic principles should govern the roles of these provisions. In a companion article to be ...

Your tax rate isn't your bracket! The progressive system + Standard Deduction means your Effective Tax Rate is much lower ...

Your marginal tax rate is the highest income tax rate you’ll pay on your income. Because the U.S. has a progressive tax system, different tiers of your income are taxed at different rates. The ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Your marginal tax rate is the highest rate applied to your income. Understanding your marginal tax rate aids in financial decision-making. Other taxes like payroll and state taxes also impact your ...