Under the current tax structure,an increase in wages that raises your taxable income and moves you into a higher tax bracket can

Question

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Moving into a higher tax bracket means that you will pay a higher tax rate on the additional income earned. This increased tax rate on the last dollar earned is known as your marginal tax rate. Therefore, your marginal tax rate will increase if you move into a higher tax bracket.

Under the Current Tax Structure,an Increase in Wages That Raises