Barthold, Thomas A.; Koerner, Thomas; Navratil, John F. - In: National Tax Journal 51 (1998) n. 3, pp. 553-64
The federal personal income tax has six statutory marginal tax rates: zero, 15 percent, 28 percent, 31 percent, 36 percent, and 39.6 percent. Because of the design of certain provisions of the Internal Revenue Code, an effective marginal tax rate may not always correspond to the statutory...