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This is just for those married and filing jointly
10% -- From 0 to $17,000 15% -- From $17,001 to $69,000 25% -- From $69,001 to $139,350 28% -- From $139,351 to $212,300 33% -- From $212,301 to $379,150 35% -- Everything over $379,150
Amount of income within each tax bracket 10% -- $17,000 15% -- $52,000 25% -- $70,350 28% -- $72,950 33% -- $166,850 35% -- $billions and $billions (this is the amount over $379,150)
Increase from tax rate to tax rate
0 to 10% ---- 10% 10% to 15% --- 5% 15% to 25% -- 10% 25% to 28% --- 3% 28% to 33% --- 5% 33% to 35% --- 2%
NOTE: Everyone regardless of income that is married and filing jointly has the first $17,000 of taxable income taxed at 10%. That includes scumbags like Rush Limbaugh.
Everyone regardless of income that is married and filing jointly has the next $52,000 of taxable income taxed at 15%. That includes scumbags like Bill O'Reilly.
Limbaugh and O'Reilly of course receive wages and other corrupt income in the millions. Their top tax rate is 35%. But only the taxable income that is over $379,150 is taxed at the 35% rate. The income below that $379,150 is taxed at different rates. That is plural. Their effective tax rate will be below 35% because in addition to their income not being taxed all at the same rate they more than likely have more than $64,000 in itemized deductions in addition to any personal exemptions they may claim.
A single person with about $38,000 of income using the standard deduction would have an effective tax rate of about 10.25% even though the last dollar is taxed at 15%.
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