For tax calculation, the tax rate applied to an additional dollar is called ______. marginal tax...
For tax calculation, the tax rate applied to an additional dollar is called ______.
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marginal tax |
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average tax |
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effective tax |
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None of the above |
Homework Answers
Answer:- Marginal Tax
A marginal tax rate is the tax rate an individual would pay on one additional dollar of income.So,Matginal tax rate is the tax percentage on the last dollar earned.
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For tax calculation, the tax rate applied to an additional
dollar is called ______.
marginal tax...
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