marginal tax rate

Cultural  

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.

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marginal tax rate

On top of that, retirees gradually lose the new $6,000 senior tax credit as their adjusted gross income rises, making the marginal tax rate as high as 46% for a married couple, he says.

From Barron's ● Jun. 24, 2026

The Aloha State recently raised its top marginal tax rate to 13% from 11%, creating a new top tax bracket for single filers earning more than $500,000 in income.

From The Wall Street Journal ● May 27, 2026

Next year, households paying the top 37% marginal tax rate can deduct 35% across all their deductions.

From MarketWatch ● Dec. 1, 2025

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.

From Salon ● Jun. 17, 2025

A change in a marginal tax rate is usually accompanied by a change in exemption, and both generally happen at the same time, either annually or in computer policy simulations.

From Definition & Reality in the General Theory of Political Economy by Colignatus, Thomas