Home Ideas How to Remember the Difference Between Effective and Marginal Tax Rates

How to Remember the Difference Between Effective and Marginal Tax Rates

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If you stare blankly in confusion when reading the phrases “marginal tax rate” or “effective tax rate,” or can’t remember the difference between the two, a refresher might be in order, as knowing these terms can help with your financial planning.

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Source: LifeHacker.com