The tax rate paid on an additional dollar of income is called the:

Name: The tax rate paid on an additional dollar of income is called the:
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The marginal tax rate is the tax rate paid on an additional dollar of income. This is the rate that is most relevant to individuals and businesses when making decisions about earning more income or taking on additional expenses. The other options, last tax rate, total tax rate, and average tax rate, are not as specific or commonly used in taxation.

The Tax Rate Paid on an Additional Dollar of Income