Library›Money Sense›One card

A LITTLE SOMETHING WORTH KNOWING

A small discovery. Yours to pass on.

Everyday LifeOne small ahaFinancial concept

In a graduated income-tax system, this rate applies to the next unit of taxable income.

Think it. Then flip it. ahamoraTap to reveal Back to the cue
Everyday LifeOne small aha
Your new ahaMarginal tax rate

A marginal rate and an effective average rate answer different questions. Source: Marginal tax rate ↗

ahamoraReference ↗

Keep the thread going

One answer is a beginning.

Share a little curiosity, or follow it into the full collection.

Flip the full deck →

More from Money Sense

A few more worth knowing.

  1. 01These percentage rates express interest charged on borrowing or paid on savings over a stated period.RECALL
    Interest RatesOpen this card ↗
  2. 02This kind of interest earns interest on earlier interest.RECALL
    Compound InterestOpen this card ↗
  3. 03This numerical rating uses information from a person's borrowing record to help estimate credit risk.RECALL
    Credit ScoreOpen this card ↗