The marginal tax rate is the tax rate paid on

A) all income earned.
B) all supplemental income.
C) any additional income earned.
D) taxable retirement income.

Question

The marginal tax rate is the tax rate paid onA)  all income earned.B)  all supplemental income.C)  any additional income earned.D)  taxable retirement income.

Yusra Mohib · Accepted Answer

Final Answer : C, Explanation :  The marginal tax rate refers to the rate at which any additional income earned is taxed, not the rate applied to all income, supplemental income, or specific types of income such as retirement income.

The marginal tax rate is the tax rate paid on

A) all income earned.
B) all supplemental income.
C) any additional income earned.
D) taxable retirement income.

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Learning Objectives

Learning Objectives

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