_____ is the amount of additional taxes that one pays from an additional dollar of income.
A) Marginal analysis
B) Implicit marginal analysis
C) The implicit marginal tax rate
D) The marginal tax rate

Question

Quizplus · Accepted Answer

The marginal tax rate is the percentage of tax applied to your income for each tax bracket in which you qualify. It essentially means how much of the next dollar you earn will be taken as tax.

_____ Is the Amount of Additional Taxes That One Pays