Monthly Archives: January 2017
Understanding how marginal tax rate works
In general, marginal tax rate refers to the amount of tax that each dollar of income is accounted for. However, to understand how it works, one needs to first, dissect the clause “marginal tax rate”. In many countries, tax operates in a progressive manner, which means the higher the income,...
Differences between Life and Total & Permanent Disability Insurances
What kind of bell does it ring when it comes to insurance? Panhandler, monthly/annual investment which yields no return, illness, injury, or death? As unfortunate as it can be, insurance was seldom a positive connotation and such believe was quite universal.
