Income Tax Top Rate
August 18th, 2010
Question: What is the highest rate of income tax in the USA? Meaning what do top earners pay?
Answer: I rarely have even one drink, but…Tax calculation would make me into a bonefide alcoholic. It takes the brain and turns it into a pretzel so you then run into walls. Since there have been several other circumstances in recent years which have had that affect already, I don’t read it, study it, or care if I know it.
However, I have pulled up a few websites for you to review. They discuss the subject from several angles. Good luck. I hope you find your answer.
PS: The last link has a helpful reference chart.
Letting the Bush tax cuts expire won’t hurt
One of the great misconceptions in this country is that what happens in Washington determines what happens in financial markets. It’s so simple, convenient, and satisfying to attribute market movements to the President, the Federal Reserve, Congress, the tax code, or some combination of them.
Maine Lowers Income Income Tax Rate from 8.5 to 6.5 Percent
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