Albert,
I think most filers (married filing jointly) are in the
6.85% bracket. Here are the rates for married filing
jointly for 2005.
Adjusted Gross Income Tax
16,000 - 22,000 $ 640.00 plus 4.5 % of amount over 16,000
22,000 - 26,000 $ 910.00 plus 5.25 % of amount over 22,000
26,000 - 40,000 $ 1,120.00 plus 5.9 % of amount over 26,000
40,000 - 150,000 $ 1,946.00 plus 6.85 % of amount over 40,000
150,000 - 500,000 $ 9,481.00 plus 7.25 % of amount over 150,000
over 500,000 $ 34,856.00 plus 7.7 % of amount over 500,000
Regards,
Mike |
