Sentence examples for maximum marginal rate from inspiring English sources
When Reagan reduced rates, he cut the maximum marginal rate on ordinary income for individual taxpayers from 70percentto50percentcent.
In short, fiscal policies are converging rather than diverging.Much economic analysis of tax regimes focuses on the optimal system: the maximum marginal rate, the balance between taxes on consumption and income, the need to reduce loopholes and so on.
Taxpayers on the alternative system pay a maximum marginal rate of 28percentt, compared with up to 35percentt for other high-income taxpayers, yet they pay higher total taxes because they lose their personal exemptions, standard deduction and itemized deductions for state and local taxes, as well as for some medical bills.
"You've got to believe that future tax rates are going to be significantly higher than current maximum marginal rates — and that you're going to be subject to them," said Bruce J. Berno, president of Berno Financial Management, a financial planner in Cincinnati.
The important variants in these structures are (1) the starting point and levels of first-bracket rates, (2) the top bracket or maximum marginal rates, and (3) the income range within which rates rise from the lowest to the highest levels.
Spain currently has a maximum marginal tax rate of 43 percent.
A maximum marginal tax rate of, say, 20percentt, would be as misguided as, say, one of 80percentt.
The maximum marginal tax rate is 37percentt for individuals making more than $510,300 and for married couples making more than $612,350.
Mr. Depardieu has taken up residence in the Belgian town of Néchin, just over the French border but somewhat farther from France with regards to fiscal policy: the maximum marginal income tax rate is not 75 percent in Belgium, as it now is in France, and there is no wealth tax.
At the end of World War II, the lowest marginal rate was 23 percent and the maximum rate was 94 percent; the exemption for a single individual was only $500.
Its top marginal rate would be 28 percent.
