*Apologies for dumb question* What's the new marginal tax rate?

On the heels of the new corporate tax rate going down to 21%, what is the new marginal rate? Back when they were 35% I was always taught to use 40% to account for state taxes. Is it as simple to say that the new marginal rate would use this same 5% spread to reach 26%?

Sorry again if a dumb question but would appreciate any help. SB if you can provide a source.

Comments (1)

Jan 29, 2018

Timing Is Everything.