Between 1921 and 1928, the top marginal income tax rate fell to 25% from 73%.
According to IRS data, a clear majority of all small business profits face taxation at this top marginal income tax rate.
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One important element of that legislation was that the personal marginal income tax rate structure would return to its 2000 level on January 1, 2011.
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Dipping into a Traditional IRA would be disastrous since you would have to pay a 10% penalty plus the withdrawal would be taxed at your marginal income tax rate.
While the top personal income tax rate in California is now 10.55%, even the average income earner pays a marginal income tax rate on the next dollar earned of 9.3%.
Between 1980 and 2000, the top marginal income tax rate was slashed to 39.6% from 70%, and between 1977 and 1997 the capital gains tax rate was cut to 20% from 39.9%.
S. would create a new tax bracket for the highest 1 percent of income and calculate a marginal income tax rate for that bracket sufficient to reduce the after-tax Brandeis ratio to 36.
But to charge both the full rate of the corporate income tax and then the top marginal income tax rate means that dividends will be taxed more highly than any other form of income.
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If the Bush tax cuts are allowed to expire the highest marginal income tax rate will go up from 35% to 39.6%, and the capital gains rate will generally go up from 15% to 20%.
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The Laffer Curve-effect is more likely to work miracles if the highest marginal income tax rate is very high to begin with say over 50 or 60 percent and if the taxpayer has control of when to realize income for tax purposes.
The momentum continued for the rest of the decade, fueled by the 1986 tax reform that lowered the top marginal income tax rate to 28%, allowing America to employ the millions of late baby boomers, women and immigrants who sought jobs.
Though the level ends up the same, the rise in the top marginal income tax rate that Mr Obama is proposing is smaller than that signed by Bill Clinton in 1993 (which took the top rate of tax from 31% to 39.6%).
Politicians in Annapolis created a millionaire tax bracket, raising the top marginal income-tax rate to 6.25%.
By the end of his presidency, he had reduced the top marginal income-tax rate from 70 percent to 28 percent.
Mr Obama proposes to cut the deficit by returning the top marginal income-tax rate to the 39.6% level of the late 1990s.
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In order to restore competitiveness, we reduced the top marginal income-tax rate from the highest in North America to the second-lowest in Canada.
This is why Mr Hollande will start by cutting the retirement age for some workers to 60, putting the top marginal income-tax rate up to 75%, raising taxes on wealth, inheritance and dividends, increasing the minimum wage and making it much harder for employers to fire workers.
Currently, the highest marginal tax rate for the federal income tax is 35%.
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However, a VAT would result in a smaller increase in marginal tax rates on labor than an income tax rate hike.
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The marginal tax rate is the rate paid on the taxable income, in the highest tax bracket.
There would be those savvy enough to incorporate as individuals and get the lower rate, and those lazy or uninformed enough to take the marginal rate the income tax gives them.
In addition, the effective marginal tax rate on labor income would rise from about 28 percent now to about 36 percent in 2037.
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Studies generally show that a 1% increase in the marginal tax rate reduced taxable income by 0.1-0.4%, though sometimes and in some places it may be higher.
The overhaul--separate from the AMT fix--would increase standard deductions, double earned income tax credits for some and lower the top corporate marginal tax rate from 35% to 30.5%.
But the recipients of those dividends pay full income tax at whatever their marginal rate is just as with income from any other sources.
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California's top marginal income-tax and capital-gains tax rate is 13.3%.
The only -- at the marginal rate level, at the income tax level, the only rates that the President has sought to return to the levels of the Clinton administration, which, by the way, was a period of the longest sustained expansion -- economic expansion in postwar American history, where 23 million jobs were created, and where rich people did very well, indeed, which is a good thing, those rates prevailed.
The reason: When the effects of the tax law are added to the effects of ObamaCare, a moderate income family will face a 41 percent marginal tax rate.
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