Corporate Tax
Taxable income over Not over Tax rate
$ 0 $ 50,000 15%
50,000 75,000 25%
75,000 100,000 34%
100,000 335,000 39%
335,000 10,000,000 34%
10,000,000 15,000,000 35%
15,000,000 18,333,333 38%
18,333,333 .......... 35%
Total 2008 tax revenue: $2.349 trillion. Corporate contribution: .349 trillion
Why the bump at $100,000. Why the brake above $18.3 million
$ 0 $ 50,000 15%
50,000 75,000 25%
75,000 100,000 34%
100,000 335,000 39%
335,000 10,000,000 34%
10,000,000 15,000,000 35%
15,000,000 18,333,333 38%
18,333,333 .......... 35%
Total 2008 tax revenue: $2.349 trillion. Corporate contribution: .349 trillion
Why the bump at $100,000. Why the brake above $18.3 million
Labels: Economics
posted by Clancy Hughes | 10/17/2008 04:06:00 PM
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