Tax Rates

From Tax Foundation found via My Money Blog

  • Blue States have a Millionaire’s Tax
  • Orange States have a Flat Tax
  • Yellow States have either limited or no Income Tax

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U.S. Income Tax Brackets: 1910-2010

by Catherine Mulbrandon

in Other

This Heat Map of Tax Brackets was created by Stephen Von Worley over at WeatherSealed found via @Brainpicker

The brighter the color the higher the tax rate. Notice that the income plotted on the y-axis is a log scale.

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Updated April 13, 2010:  I don’t think my original labels were clear so I tried to fix it with new labels and I reorder the graphs.

This is a new infographic illustrating the marginal federal tax rate applied to different salaries. It shows the difference between the combined rate levied on an employee (Income + SSN + Medicare marginal tax rate) and the additional rate levied on the employer, i.e. the payroll tax (SSN + Medicare tax) I am using the same examples that I created in the previous six graphics looking at the average tax rate.

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The sixth in series of infographics I am designing to illustrate the average federal tax rate applied to different salaries. This time I am graphing the average tax rates for a married couple with to kids and one salary. With 2 kids there are 2 more exemptions which increases the income tax cut offs for all tax brackets compared to the married with no children graphic.

If you take a look at your W-2 form you can see that there are 3 different taxes applied to salaries and wages:

The income tax graph is created from the 2009 tax schedule for a couple filing jointly or qualifying widow(er):

which you can find from the IRS Tax Tables here while the information about the social security and medicare tax can be found here.

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