Category Archive Corporate Finance

Why Innovate or Perish 2012

- On average, individuals now have eight careers in their working lives. -???? In 1990 automobiles took six years from concept to production. By 1997 the process only took two years. – In 1984 the average product development cycle lasted three years. In 1990 it dropped to 18 months. In 1997 it was six months and still [...] Read More…

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Definition of Marginal Tax Rate 2011

Marginal tax rate is defined as the tax rate on the last unit of income. Average tax rate is calculated by taking the total amount of tax paid divided by taxable income. Read More…

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What is Progressive Tax – Definition of Progressive Tax 2011

A progressive tax means the higher one’s income, the larger the percentage paid in taxes. Taxable income is defined as gross income less a set of exemptions and deductions which are spelled out in the instructions to the tax forms individuals must file. Read More…

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