Learn how changes in income impact satisfaction and understand the principles behind the marginal utility of income in modern economies.

As of October, nine states levied no income tax at all, according to the Tax Foundation. Read on to learn about the nine ...

Marginal propensity to consume and the marginal propensity to save refer to the portion of each extra dollar of a household’s ...

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 ...

Nobody ever said economists were perfect. Economics necessarily smoothes away the complicated marginalia of actual economic life, in order to produce models that will work simply and fairly accurately ...

This is just a stray, late-on-April 15 thought, but isn’t it kind of insane that we don’t ask millionaires to pay more in taxes? I mean, much, much more? Today, the top marginal income tax rate is ...

I have made it one of my little missions in life to convince proponents of what I call "Ultra-strong supply side-ism" that no, at the tax rates that currently prevail in the United States, you cannot ...

Learn how marginal relief prevents disproportionate tax liability when your income slightly exceeds a surcharge threshold, ensuring fairness in ...

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, ...

Your tax bracket and the percentage of your income you actually pay are two different things. Your marginal tax bracket, or marginal tax rate, and the actual tax rate you pay on your income are ...