The Scenario Chart for the Effective Income Tax Rate shows the tax rate being applied to a Scenario. The Effective Income Tax Rate is the average rate at which earned income is taxed. This is different from the marginal tax rate which refers to the tax bracket into which an individual’s income falls.
Additional Information About Scenario Charts
If you’re interested in learning more about the Scenario Charts in the Real Estate Financial Planner™ check out these resources below.