When you are making a financial decision,the most relevant tax rate is the __________ rate.
A) average
B) fixed
C) marginal
D) total
E) variable

Question

Quizplus · Accepted Answer

The marginal tax rate is the rate at which the next dollar of income will be taxed. This is the most relevant tax rate for financial decision making because it can impact the net benefit or cost of a financial decision. Knowing the marginal tax rate can help individuals make more informed decisions about investments, retirement savings, and other financial choices.

When You Are Making a Financial Decision,the Most Relevant Tax