Tuesday, October 12, 2010

Taxes

1992 1993 -
2000
2001 2002 2003 -
2010
2011
?
15%15%15%10%10%10%
15%15%15%
28%28%27.5%27%25%25%
31%31%30.5%30%28%28%
36%35.5%35%33%36%
39.6%39.1%38.6%35%39.6%
Here are the tax brackets from the past and possibly the future.

The last bracket is for the people clearing $350000 and above (after deductions)
Taxes during the Reagan years for that group were as high as 50% on their top money.

Just an interesting thing to view on Money Chip.

2 comments:

Kimberly said...

I'm sure you also dealt with the overseas taxes. What a pain. We are just ready to send off our 2009 taxes for both US and CH. Just in time to start the process all over again. I hate taxes!

KathyA said...

Hi Janette! Thanks for stopping by my blog. I can understand your reluctance to move to Bar Harbor -- kind of like going from your frying pan into a fire!! :)
(Even though we had 90" of snow here in MD last year!!)