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Re:Pooling and Sharing of wealth make everyone's wealth grow... by sokoloff on Saturday September 02, 2023 @06:11AM (#37360101)
Your effective rate is the overall average, while the marginal rate is the amount you paid on the last (or next) dollar.

If you made $100k, paid $25K in income taxes, and were in a 33% bracket, your effective rate was 25% and your marginal rate was 33%.

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