But the proposed new regime looks likely to create a regulatory dog's breakfast, with effective marginal tax rates potentially rising to over 100%.

但所建议的新制度看似能够创造出一种可调控的小狗的早餐，其边际有效利率很有潜力增长超过100%。

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People trying to raise themselves out of poverty by earning more can face effective marginal tax rates (including phase-outs of various government programs) that exceed 100%.

FORBES: Conservatives Are Missing The Point On Welfare Reform

The big gap between the headline and effective marginal tax rates reflects the large number of allowances given to firms for doing particular activities, such as research and development.

ECONOMIST: Tax reform

Furthermore, in 1986, the U.S. had one of the lowest effective marginal corporate tax rates for equity-financed investments in machinery and industrial structures in the U.S., and now we have one of the highest.

FORBES: # 9 The 1986 reform hit tax shelters and arbitrage hard