The average rate of tax (ART) is the total tax paid divided by total income, typically expressed as
Tag: rates of tax
marginal rate of tax
The marginal rate of tax is the proportion of additional income paid in tax, expressed as a percentage.
The average rate of tax (ART) is the total tax paid divided by total income, typically expressed as
The marginal rate of tax is the proportion of additional income paid in tax, expressed as a percentage.