Most people tend to think that paying taxes is a huge burden they have to carry on their backs. Little do they know that they can profit from it if they know the right tricks and apply an effective tax planning strategy. Learning about your Marginal Tax Rate Learning your marginal tax rate is the first step towards learning how to make more profits from tax. To put it simply, marginal tax rate works around this concept: “earning an extra dollar will determine the extra taxes you pay at work.” Read more [...]