The highest rate of taxation that one pays on the last dollar they make is called the

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The highest rate of taxation that one pays on the last dollar they make is called the marginal tax rate. This is because it only applies to the last dollar of income earned, which falls into the highest tax bracket. The progressive tax rate is a tax system where the tax rate increases as the taxable amount increases. The regressive tax rate is a tax system where the tax rate decreases as the taxable amount increases. The tax liability rate is the amount of tax an individual or corporation is responsible for paying, while the temporary tax rate is not a commonly used tax term.

The Highest Rate of Taxation That One Pays on the Last