The Traderszone Network

Published in TZ Latest News 29 May, 2016 by The TZ Newswire Staff

Effective Tax Rate vs. Marginal Tax Bracket: What’s the Difference?

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Not sure what the difference between your marginal and effective tax rate is? We’re here to help!

Supreme Court Justice Oliver Wendell Holmes, Jr. once famously wrote, “Taxes are the price we pay for a civilized society.” And while that’s certainly true, it doesn’t mean anyone should pay a penny more than they are required to.

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