Quotes About Marginal rate

Hong Kong's maximum tax (the "standard rate") has normally been 15 percent, effectively capping the marginal rate at high income levels (in exchange for no personal exemptions).

If this 80% top marginal rate were applied to earnings over $500,000, Piketty says, the tax regime would help to even out inequality without stunting economic growth. Beyond the income

In our system, by world standards we have a high top marginal rate (45 per cent plus 2 per cent for the Medicare levy) and it currently cuts in at $180,000, which at only a little more than twice average full-time earnings, is a relatively low threshold.