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How is the Effective Marginal Rate (EMR) defined?

Simply put, the Effective Marginal Rate (EMR) is the tax rate on the next dollar of Ordinary Income. 

The EMR is heavily influenced by individual circumstances, including, but not limited to, types of income, capital gains, timing of benefit distributions (qualified monies), overall deductions and the like. The overall net effect can be dramatic on the next dollar, and the EMR is often higher that the tax rate suggested by ordinary income tax brackets.