ACCOUNTANT EXPLAINS: How Tax Brackets Actually Work (Marginal vs Effective) 

In this video I explain how tax brackets actually work, specifically the difference between marginal vs effective tax rates. Hope you enjoy! If you're curious to know how marginal tax rate vs average effective rate rates are calculated, I go over a great example in this video.
TIMESTAMPS
00:00 Introduction
01:37 Simple Example
03:05 Effective Tax Rate, Calculated
03:28 Real Life Calculation Example

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