1. The tax rate paid on the last dollar of one's income (known as the marginal tax rate). In a graduated tax system (which most countries use), this rate will be equal to or higher than the tax rate paid on the person's entire income, since the tax rate is lower for the first dollars of income than for subsequent dollars of income. 2. The rate at which a consumer is willing to substitute a product or service for another product or service (the marginal rate of substitution). In general, the more that a good is consumed, the more willing the consumer is to substitute it away; in other words, the marginal rate of substitution falls.

Related information about marginal rate:

1. Tax rate - Wikipedia, the free encyclopedia
   Marginal tax rates do not fully describe the impact of taxation. A flat rate poll tax has a marginal rate of zero, but a discontinuity in tax paid can lead to positively or ...
    
2. Marginal rate of substitution - Wikipedia, the free encyclopedia
   In economics, the marginal rate of substitution is the rate at which a consumer is ready to give up one good in exchange for another good while maintaining the ...
    
3. What is marginal rate? definition and meaning
   Definition of marginal rate: The tax rate paid on the last dollar of one's income ( known as the marginal tax rate). In a graduated tax system (which most countries ...
    
4. Marginal Tax Rates: The Concise Encyclopedia of Economics ...
   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 ...
    
5. What's Your Marginal Tax Rate? - SmartMoney.com
   Dec 1, 2000 ... But your real marginal rate is higher than the stated percentage, ... In estimating your marginal rate, our calculator takes this phase-out rule and ...
    
6. Marginal Tax Rate Definition | Investopedia
   The amount of tax paid on an additional dollar of income. The marginal tax rate for an individual will increase as income rises. This method of taxation aims to ...
    
7. marginal rate (economics) -- Britannica Online Encyclopedia
   In the United Kingdom most taxpayers pay tax at a uniform marginal rate, while other countries have more steeply rising rate schedules. Higher marginal tax ...
    
8. Marginal rate - The Free Dictionary
   (Economics) the percentage of income, wealth, etc., assessed as payable in taxation. ThesaurusLegend: Synonyms Related Words Antonyms ...