planning

Do you know the difference between a marginal tax rate and effective tax rate?

Years ago I was working at a startup with young people and the subject of taxes came up. Specifically, why taxes mattered and certain things everyone should know.   One of the things I highlighted was the difference between your marginal tax rate and the effective tax rate.   A marginal tax rate analysis involves …

Do you know the difference between a marginal tax rate and effective tax rate? Read More »