marginal tax rate

1. The rate at which income over a certain amount is taxed. Although in general, graduated income taxes impose higher tax rates on higher incomes, the tax rate does not rise for each additional dollar earned. Rather, it rises by income brackets, and each tax rate applies only to income that falls in that bracket. For example, in 2002, the highest marginal federal tax rate was 38.5 percent, which for single taxpayers was imposed on income in excess of $54,000.

Example Sentences

The top marginal tax rate remains 37% for single filers with incomes over $640,600 and for married couples over $768,700.

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For 2026, the top marginal tax rate remains 37% for individual taxpayers with incomes greater than $640,600 or $768,700 for married couples filing jointly.

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At the same time, you have said that you support raising the top marginal tax rate so the policy would not be a giveaway to wealthy Americans.

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I'd like to ask to what extent you would support raising the top marginal tax rate on the wealthiest Americans, or, for that matter, potentially the Social Security cap?

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I'll talk to other people, from a different strain in the party, who’ll talk about things like raising the top marginal tax rate.

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