American Enterprise Institute

What Is the Optimal Top Marginal Income Tax Rate? Probably Far Lower Than 70 or 80 Percent

Thanks in large part to new House member Alexandria Ocasio-Cortez, a New York Democrat, there’s been lots of discussion this week about hiking tax rates on the superwealthy. Her support in a 60 ...
The Heritage Foundation

Effective Marginal Tax Rates for Low-Income Workers Are High

The Congressional Budget Office (CBO) released a report on effective marginal tax rates for low-income workers.[1] An effective marginal tax rate as defined by the CBO is the change in taxes and ...
PBS

Column: What the Ocasio-Cortez/Scalise debate teaches us about the marginal tax rate

This weekend, "60 Minutes" aired an interview with the self-described "radical" rookie Democratic Congresswoman Alexandria Ocasio-Cortez. In it she proposed hiking the top marginal tax rate to fund ...
AOL

Marginal tax rate: What it is and how to find yours

Your marginal tax rate is the highest income tax rate you’ll pay on your income. Because the U.S. has a progressive tax system, different tiers of your income are taxed at different rates. The ...
Morningstar

What's the Difference Between Marginal and Effective Tax Rates?

Editor's note: A version of this article was initially published on April 10, 2018. It is part of the 2020 Tax and IRA Guide. Question: What is the difference between marginal and effective tax rates, ...