Marginal tax rate is the rate you pay on your last dollar of income, based on your tax bracket. Effective tax rate is the average rate you pay on all of your income. Understanding the difference is ...

This article concludes a two-part series on effective marginal tax rates (EMTRs) and the U.S. individual income tax system, examining particular items within the current system that cause the EMTR to ...

A clearer version of this graph is available as an Adobe Acrobat PDF. The “skyline” graph depicts the marginal tax rates for a family of four, earning from $0 to $400,000 in 2004 dollars. The graph ...

Some Americans pay double-digit tax rates on their income each year. Others manage to bypass state income tax altogether.

Source: Tax Foundation General Equilibrium Model. The current top marginal income tax rate is 37 percent. In 2026, it applies to income above $626,351 for single filers and $751,601 for joint filers.