Glossary
Marginal tax rate
The rate on your next dollar of income, set by your top bracket. A raise into a higher bracket only taxes the dollars above the line, so a raise never lowers take-home pay.
Full treatment
Taxes guide
Glossary
The rate on your next dollar of income, set by your top bracket. A raise into a higher bracket only taxes the dollars above the line, so a raise never lowers take-home pay.
Full treatment
Taxes guide