Last updated: 2014 December 05 Friday 09:50:51.796 Central Standard Time = GMT/UTC-06:00 2014 December 05 Friday 15:50:51.796 Greenwich Mean Time = GMT/UTC JULIAN DATE= 2456997 You'll find the self-explanatory files below which have not only the tax rate schedules for the 99 years of Federal Income Tax, but the actual taxes computed.
Not over $ 20000 ................................... 1.00% of the taxable income 1.00% effective overall tax rate Over $ 20000 but not over $ 50000 $ 200, plus 2.00% of excess over $ 20000 1.43% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 75000 $ 800, plus 3.00% of excess over $ 50000 1.88% effective overall tax rate(computed on tax on middle of income range) Over $ 75000 but not over $ 100000 $ 1550, plus 4.00% of excess over $ 75000 2.34% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 250000 $ 2550, plus 5.00% of excess over $ 100000 3.60% effective overall tax rate(computed on tax on middle of income range) Over $ 250000 but not over $ 500000 $ 10050, plus 6.00% of excess over $ 250000 4.68% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 ........................ $ 25050, plus 7.00% of excess over $ 500000 5.01% <=> 7.00% effective overall tax rate as income goes to infinity1913 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 23.871961280 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 477439 ................................... 1.00% of the taxable income 1.00% effective overall tax rate Over $ 477439 but not over $1193598 $ 4774, plus 2.00% of excess over $ 477439 1.43% effective overall tax rate(computed on tax on middle of income range) Over $1193598 but not over $1790397 $ 19098, plus 3.00% of excess over $1193598 1.88% effective overall tax rate(computed on tax on middle of income range) Over $1790397 but not over $2387196 $ 37002, plus 4.00% of excess over $1790397 2.34% effective overall tax rate(computed on tax on middle of income range) Over $2387196 but not over $5967990 $ 60874, plus 5.00% of excess over $2387196 3.60% effective overall tax rate(computed on tax on middle of income range) Over $5967990 but not over $11935981 $ 239913, plus 6.00% of excess over $5967990 4.68% effective overall tax rate(computed on tax on middle of income range) Over $11935981 ........................$ 597993, plus 7.00% of excess over $11935981 5.01% <=> 7.00% effective overall tax rate as income goes to infinity
1913 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 100 2000 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 5.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 200 4049 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 4.94% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 300 6249 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 4.80% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 400 8643 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 4.63% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 500 11243 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 4.45% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 600 14134 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 4.24% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 700 17134 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 4.09% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 800 20523 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 3.90% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 900 24009 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 3.75% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 1000 27809 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 3.60% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 1500 50400 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 2.98% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 2000 77586 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 2.58% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 2500 107734 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 2.32% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 3000 139299 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 2.15% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 3500 172445 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 2.03% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 4000 207348 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 1.93% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 4500 243670 percentage of taxable income= 1.00% for tax year 1913 percentage of 1954 taxes 1.85% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 5226 281170 percentage of taxable income= 1.05% for tax year 1913 percentage of 1954 taxes 1.86% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 7226 358356 percentage of taxable income= 1.20% for tax year 1913 percentage of 1954 taxes 2.02% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 9226 438906 percentage of taxable income= 1.32% for tax year 1913 percentage of 1954 taxes 2.10% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 11226 523100 percentage of taxable income= 1.40% for tax year 1913 percentage of 1954 taxes 2.15% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 13226 610528 percentage of taxable income= 1.47% for tax year 1913 percentage of 1954 taxes 2.17% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 15226 699528 percentage of taxable income= 1.52% for tax year 1913 percentage of 1954 taxes 2.18%
Not over $ 20000 ................................... 1.00% of the taxable income 1.00% effective overall tax rate Over $ 20000 but not over $ 50000 $ 200, plus 2.00% of excess over $ 20000 1.43% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 75000 $ 800, plus 3.00% of excess over $ 50000 1.88% effective overall tax rate(computed on tax on middle of income range) Over $ 75000 but not over $ 100000 $ 1550, plus 4.00% of excess over $ 75000 2.34% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 250000 $ 2550, plus 5.00% of excess over $ 100000 3.60% effective overall tax rate(computed on tax on middle of income range) Over $ 250000 but not over $ 500000 $ 10050, plus 6.00% of excess over $ 250000 4.68% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 ........................ $ 25050, plus 7.00% of excess over $ 500000 5.01% <=> 7.00% effective overall tax rate as income goes to infinity1914 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 23.633241667 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 472665 ................................... 1.00% of the taxable income 1.00% effective overall tax rate Over $ 472665 but not over $1181662 $ 4727, plus 2.00% of excess over $ 472665 1.43% effective overall tax rate(computed on tax on middle of income range) Over $1181662 but not over $1772493 $ 18907, plus 3.00% of excess over $1181662 1.88% effective overall tax rate(computed on tax on middle of income range) Over $1772493 but not over $2363324 $ 36632, plus 4.00% of excess over $1772493 2.34% effective overall tax rate(computed on tax on middle of income range) Over $2363324 but not over $5908310 $ 60265, plus 5.00% of excess over $2363324 3.60% effective overall tax rate(computed on tax on middle of income range) Over $5908310 but not over $11816621 $ 237514, plus 6.00% of excess over $5908310 4.68% effective overall tax rate(computed on tax on middle of income range) Over $11816621 ........................$ 592013, plus 7.00% of excess over $11816621 5.01% <=> 7.00% effective overall tax rate as income goes to infinity
1914 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 100 2000 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 5.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 200 4049 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 4.94% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 300 6249 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 4.80% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 400 8643 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 4.63% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 500 11243 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 4.45% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 600 14134 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 4.24% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 700 17134 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 4.09% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 800 20523 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 3.90% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 900 24009 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 3.75% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 1000 27809 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 3.60% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 1500 50400 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 2.98% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 2000 77586 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 2.58% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 2500 107734 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 2.32% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 3000 139299 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 2.15% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 3500 172445 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 2.03% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 4000 207348 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 1.93% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 4500 243670 percentage of taxable income= 1.00% for tax year 1914 percentage of 1954 taxes 1.85% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 5273 281170 percentage of taxable income= 1.05% for tax year 1914 percentage of 1954 taxes 1.88% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 7273 358356 percentage of taxable income= 1.21% for tax year 1914 percentage of 1954 taxes 2.03% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 9273 438906 percentage of taxable income= 1.32% for tax year 1914 percentage of 1954 taxes 2.11% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 11273 523100 percentage of taxable income= 1.41% for tax year 1914 percentage of 1954 taxes 2.16% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 13273 610528 percentage of taxable income= 1.47% for tax year 1914 percentage of 1954 taxes 2.17% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 15273 699528 percentage of taxable income= 1.53% for tax year 1914 percentage of 1954 taxes 2.18%
Not over $ 20000 ................................... 1.00% of the taxable income 1.00% effective overall tax rate Over $ 20000 but not over $ 50000 $ 200, plus 2.00% of excess over $ 20000 1.43% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 75000 $ 800, plus 3.00% of excess over $ 50000 1.88% effective overall tax rate(computed on tax on middle of income range) Over $ 75000 but not over $ 100000 $ 1550, plus 4.00% of excess over $ 75000 2.34% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 250000 $ 2550, plus 5.00% of excess over $ 100000 3.60% effective overall tax rate(computed on tax on middle of income range) Over $ 250000 but not over $ 500000 $ 10050, plus 6.00% of excess over $ 250000 4.68% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 ........................ $ 25050, plus 7.00% of excess over $ 500000 5.01% <=> 7.00% effective overall tax rate as income goes to infinity1915 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 23.399249174 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 467985 ................................... 1.00% of the taxable income 1.00% effective overall tax rate Over $ 467985 but not over $1169962 $ 4680, plus 2.00% of excess over $ 467985 1.43% effective overall tax rate(computed on tax on middle of income range) Over $1169962 but not over $1754944 $ 18719, plus 3.00% of excess over $1169962 1.88% effective overall tax rate(computed on tax on middle of income range) Over $1754944 but not over $2339925 $ 36269, plus 4.00% of excess over $1754944 2.34% effective overall tax rate(computed on tax on middle of income range) Over $2339925 but not over $5849812 $ 59668, plus 5.00% of excess over $2339925 3.60% effective overall tax rate(computed on tax on middle of income range) Over $5849812 but not over $11699625 $ 235162, plus 6.00% of excess over $5849812 4.68% effective overall tax rate(computed on tax on middle of income range) Over $11699625 ........................$ 586151, plus 7.00% of excess over $11699625 5.01% <=> 7.00% effective overall tax rate as income goes to infinity
1915 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 100 2000 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 5.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 200 4049 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 4.94% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 300 6249 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 4.80% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 400 8643 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 4.63% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 500 11243 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 4.45% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 600 14134 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 4.24% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 700 17134 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 4.09% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 800 20523 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 3.90% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 900 24009 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 3.75% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 1000 27809 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 3.60% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 1500 50400 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 2.98% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 2000 77586 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 2.58% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 2500 107734 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 2.32% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 3000 139299 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 2.15% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 3500 172445 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 2.03% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 4000 207348 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 1.93% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 4500 243670 percentage of taxable income= 1.00% for tax year 1915 percentage of 1954 taxes 1.85% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 5320 281170 percentage of taxable income= 1.06% for tax year 1915 percentage of 1954 taxes 1.89% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 7320 358356 percentage of taxable income= 1.22% for tax year 1915 percentage of 1954 taxes 2.04% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 9320 438906 percentage of taxable income= 1.33% for tax year 1915 percentage of 1954 taxes 2.12% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 11320 523100 percentage of taxable income= 1.42% for tax year 1915 percentage of 1954 taxes 2.16% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 13320 610528 percentage of taxable income= 1.48% for tax year 1915 percentage of 1954 taxes 2.18% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 15320 699528 percentage of taxable income= 1.53% for tax year 1915 percentage of 1954 taxes 2.19%
Not over $ 20000 ................................... 2.00% of the taxable income 2.00% effective overall tax rate Over $ 20000 but not over $ 40000 $ 400, plus 3.00% of excess over $ 20000 2.33% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 60000 $ 1000, plus 4.00% of excess over $ 40000 2.80% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 80000 $ 1800, plus 5.00% of excess over $ 60000 3.29% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 100000 $ 2800, plus 6.00% of excess over $ 80000 3.78% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 4000, plus 7.00% of excess over $ 100000 4.60% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 7500, plus 8.00% of excess over $ 150000 5.43% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 250000 $ 11500, plus 9.00% of excess over $ 200000 6.11% effective overall tax rate(computed on tax on middle of income range) Over $ 250000 but not over $ 300000 $ 16000, plus 10.00% of excess over $ 250000 6.73% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 500000 $ 21000, plus 11.00% of excess over $ 300000 8.00% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $1000000 $ 43000, plus 12.00% of excess over $ 500000 9.73% effective overall tax rate(computed on tax on middle of income range) Over $1000000 but not over $1500000 $ 103000, plus 13.00% of excess over $1000000 10.84% effective overall tax rate(computed on tax on middle of income range) Over $1500000 but not over $2000000 $ 168000, plus 14.00% of excess over $1500000 11.60% effective overall tax rate(computed on tax on middle of income range) Over $2000000 ........................ $ 238000, plus 15.00% of excess over $2000000 11.90% <=> 15.00% effective overall tax rate as income goes to infinity1916 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 21.681873089 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 433637 ................................... 2.00% of the taxable income 2.00% effective overall tax rate Over $ 433637 but not over $ 867275 $ 8673, plus 3.00% of excess over $ 433637 2.33% effective overall tax rate(computed on tax on middle of income range) Over $ 867275 but not over $1300912 $ 21682, plus 4.00% of excess over $ 867275 2.80% effective overall tax rate(computed on tax on middle of income range) Over $1300912 but not over $1734550 $ 39027, plus 5.00% of excess over $1300912 3.29% effective overall tax rate(computed on tax on middle of income range) Over $1734550 but not over $2168187 $ 60709, plus 6.00% of excess over $1734550 3.78% effective overall tax rate(computed on tax on middle of income range) Over $2168187 but not over $3252281 $ 86727, plus 7.00% of excess over $2168187 4.60% effective overall tax rate(computed on tax on middle of income range) Over $3252281 but not over $4336375 $ 162614, plus 8.00% of excess over $3252281 5.43% effective overall tax rate(computed on tax on middle of income range) Over $4336375 but not over $5420468 $ 249342, plus 9.00% of excess over $4336375 6.11% effective overall tax rate(computed on tax on middle of income range) Over $5420468 but not over $6504562 $ 346910, plus 10.00% of excess over $5420468 6.73% effective overall tax rate(computed on tax on middle of income range) Over $6504562 but not over $10840937 $ 455319, plus 11.00% of excess over $6504562 8.00% effective overall tax rate(computed on tax on middle of income range) Over $10840937 but not over $21681873 $ 932321, plus 12.00% of excess over $10840937 9.73% effective overall tax rate(computed on tax on middle of income range) Over $21681873 but not over $32522810 $2233233, plus 13.00% of excess over $21681873 10.84% effective overall tax rate(computed on tax on middle of income range) Over $32522810 but not over $43363746 $3642555, plus 14.00% of excess over $32522810 11.60% effective overall tax rate(computed on tax on middle of income range) Over $43363746 ........................$5160286, plus 15.00% of excess over $43363746 11.90% <=> 15.00% effective overall tax rate as income goes to infinity
1916 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 200 2000 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 10.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 400 4049 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 9.88% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 600 6249 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 9.60% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 800 8643 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 9.26% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 1000 11243 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 8.89% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 1200 14134 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 8.49% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 1400 17134 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 8.17% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 1600 20523 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 7.80% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 1800 24009 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 7.50% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 2000 27809 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 7.19% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 3000 50400 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 5.95% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 4000 77586 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 5.16% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 5000 107734 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 4.64% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 6000 139299 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 4.31% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 7000 172445 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 4.06% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 8000 207348 percentage of taxable income= 2.00% for tax year 1916 percentage of 1954 taxes 3.86% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 9164 243670 percentage of taxable income= 2.04% for tax year 1916 percentage of 1954 taxes 3.76% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 10664 281170 percentage of taxable income= 2.13% for tax year 1916 percentage of 1954 taxes 3.79% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 13664 358356 percentage of taxable income= 2.28% for tax year 1916 percentage of 1954 taxes 3.81% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 16664 438906 percentage of taxable income= 2.38% for tax year 1916 percentage of 1954 taxes 3.80% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 19664 523100 percentage of taxable income= 2.46% for tax year 1916 percentage of 1954 taxes 3.76% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 22991 610528 percentage of taxable income= 2.55% for tax year 1916 percentage of 1954 taxes 3.77% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 26991 699528 percentage of taxable income= 2.70% for tax year 1916 percentage of 1954 taxes 3.86%
Not over $ 2000 ................................... 2.00% of the taxable income 2.00% effective overall tax rate Over $ 2000 but not over $ 5000 $ 40, plus 4.00% of excess over $ 2000 2.86% effective overall tax rate(computed on tax on middle of income range) Over $ 5000 but not over $ 7500 $ 160, plus 5.00% of excess over $ 5000 3.56% effective overall tax rate(computed on tax on middle of income range) Over $ 7500 but not over $ 10000 $ 285, plus 6.00% of excess over $ 7500 4.11% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12500 $ 435, plus 7.00% of excess over $ 10000 4.64% effective overall tax rate(computed on tax on middle of income range) Over $ 12500 but not over $ 15000 $ 610, plus 8.00% of excess over $ 12500 5.16% effective overall tax rate(computed on tax on middle of income range) Over $ 15000 but not over $ 20000 $ 810, plus 9.00% of excess over $ 15000 5.91% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 40000 $ 1260, plus 12.00% of excess over $ 20000 8.20% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 60000 $ 3660, plus 16.00% of excess over $ 40000 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 80000 $ 6860, plus 21.00% of excess over $ 60000 12.80% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 100000 $ 11060, plus 26.00% of excess over $ 80000 15.18% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 16260, plus 31.00% of excess over $ 100000 19.21% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 31760, plus 35.00% of excess over $ 150000 23.15% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 250000 $ 49260, plus 41.00% of excess over $ 200000 26.45% effective overall tax rate(computed on tax on middle of income range) Over $ 250000 but not over $ 300000 $ 69760, plus 46.00% of excess over $ 250000 29.55% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 500000 $ 92760, plus 50.00% of excess over $ 300000 35.69% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $ 750000 $ 192760, plus 54.00% of excess over $ 500000 41.64% effective overall tax rate(computed on tax on middle of income range) Over $ 750000 but not over $1000000 $ 327760, plus 59.00% of excess over $ 750000 45.89% effective overall tax rate(computed on tax on middle of income range) Over $1000000 but not over $1500000 $ 475260, plus 65.00% of excess over $1000000 51.02% effective overall tax rate(computed on tax on middle of income range) Over $1500000 but not over $2000000 $ 800260, plus 66.00% of excess over $1500000 55.16% effective overall tax rate(computed on tax on middle of income range) Over $2000000 ........................ $1130260, plus 67.00% of excess over $2000000 56.51% <=> 67.00% effective overall tax rate as income goes to infinity1917 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 18.463470052 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 36927 ................................... 2.00% of the taxable income 2.00% effective overall tax rate Over $ 36927 but not over $ 92317 $ 739, plus 4.00% of excess over $ 36927 2.86% effective overall tax rate(computed on tax on middle of income range) Over $ 92317 but not over $ 138476 $ 2954, plus 5.00% of excess over $ 92317 3.56% effective overall tax rate(computed on tax on middle of income range) Over $ 138476 but not over $ 184635 $ 5262, plus 6.00% of excess over $ 138476 4.11% effective overall tax rate(computed on tax on middle of income range) Over $ 184635 but not over $ 230793 $ 8032, plus 7.00% of excess over $ 184635 4.64% effective overall tax rate(computed on tax on middle of income range) Over $ 230793 but not over $ 276952 $ 11263, plus 8.00% of excess over $ 230793 5.16% effective overall tax rate(computed on tax on middle of income range) Over $ 276952 but not over $ 369269 $ 14955, plus 9.00% of excess over $ 276952 5.91% effective overall tax rate(computed on tax on middle of income range) Over $ 369269 but not over $ 738539 $ 23264, plus 12.00% of excess over $ 369269 8.20% effective overall tax rate(computed on tax on middle of income range) Over $ 738539 but not over $1107808 $ 67576, plus 16.00% of excess over $ 738539 10.52% effective overall tax rate(computed on tax on middle of income range) Over $1107808 but not over $1477078 $ 126659, plus 21.00% of excess over $1107808 12.80% effective overall tax rate(computed on tax on middle of income range) Over $1477078 but not over $1846347 $ 204206, plus 26.00% of excess over $1477078 15.18% effective overall tax rate(computed on tax on middle of income range) Over $1846347 but not over $2769521 $ 300216, plus 31.00% of excess over $1846347 19.21% effective overall tax rate(computed on tax on middle of income range) Over $2769521 but not over $3692694 $ 586400, plus 35.00% of excess over $2769521 23.15% effective overall tax rate(computed on tax on middle of income range) Over $3692694 but not over $4615868 $ 909511, plus 41.00% of excess over $3692694 26.45% effective overall tax rate(computed on tax on middle of income range) Over $4615868 but not over $5539041 $1288012, plus 46.00% of excess over $4615868 29.55% effective overall tax rate(computed on tax on middle of income range) Over $5539041 but not over $9231735 $1712671, plus 50.00% of excess over $5539041 35.69% effective overall tax rate(computed on tax on middle of income range) Over $9231735 but not over $13847603 $3559018, plus 54.00% of excess over $9231735 41.64% effective overall tax rate(computed on tax on middle of income range) Over $13847603 but not over $18463470 $6051587, plus 59.00% of excess over $13847603 45.89% effective overall tax rate(computed on tax on middle of income range) Over $18463470 but not over $27695205 $8774949, plus 65.00% of excess over $18463470 51.02% effective overall tax rate(computed on tax on middle of income range) Over $27695205 but not over $36926940 $14775577, plus 66.00% of excess over $27695205 55.16% effective overall tax rate(computed on tax on middle of income range) Over $36926940 ........................$20868522, plus 67.00% of excess over $36926940 56.51% <=> 67.00% effective overall tax rate as income goes to infinity
1917 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 200 2000 percentage of taxable income= 2.00% for tax year 1917 percentage of 1954 taxes 10.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 400 4049 percentage of taxable income= 2.00% for tax year 1917 percentage of 1954 taxes 9.88% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 600 6249 percentage of taxable income= 2.00% for tax year 1917 percentage of 1954 taxes 9.60% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 861 8643 percentage of taxable income= 2.15% for tax year 1917 percentage of 1954 taxes 9.97% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 1261 11243 percentage of taxable income= 2.52% for tax year 1917 percentage of 1954 taxes 11.22% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 1661 14134 percentage of taxable income= 2.77% for tax year 1917 percentage of 1954 taxes 11.75% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 2061 17134 percentage of taxable income= 2.94% for tax year 1917 percentage of 1954 taxes 12.03% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 2461 20523 percentage of taxable income= 3.08% for tax year 1917 percentage of 1954 taxes 11.99% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 2861 24009 percentage of taxable income= 3.18% for tax year 1917 percentage of 1954 taxes 11.92% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 3338 27809 percentage of taxable income= 3.34% for tax year 1917 percentage of 1954 taxes 12.00% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 5954 50400 percentage of taxable income= 3.97% for tax year 1917 percentage of 1954 taxes 11.81% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 9107 77586 percentage of taxable income= 4.55% for tax year 1917 percentage of 1954 taxes 11.74% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 12799 107734 percentage of taxable income= 5.12% for tax year 1917 percentage of 1954 taxes 11.88% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 17030 139299 percentage of taxable income= 5.68% for tax year 1917 percentage of 1954 taxes 12.23% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 21530 172445 percentage of taxable income= 6.15% for tax year 1917 percentage of 1954 taxes 12.48% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 26952 207348 percentage of taxable income= 6.74% for tax year 1917 percentage of 1954 taxes 13.00% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 32952 243670 percentage of taxable income= 7.32% for tax year 1917 percentage of 1954 taxes 13.52% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 38952 281170 percentage of taxable income= 7.79% for tax year 1917 percentage of 1954 taxes 13.85% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 50952 358356 percentage of taxable income= 8.49% for tax year 1917 percentage of 1954 taxes 14.22% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 62952 438906 percentage of taxable income= 8.99% for tax year 1917 percentage of 1954 taxes 14.34% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 77410 523100 percentage of taxable income= 9.68% for tax year 1917 percentage of 1954 taxes 14.80% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 93410 610528 percentage of taxable income= 10.38% for tax year 1917 percentage of 1954 taxes 15.30% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 109410 699528 percentage of taxable income= 10.94% for tax year 1917 percentage of 1954 taxes 15.64%
Not over $ 4000 ................................... 6.00% of the taxable income 6.00% effective overall tax rate Over $ 4000 but not over $ 5000 $ 240, plus 12.00% of excess over $ 4000 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 5000 but not over $ 6000 $ 360, plus 13.00% of excess over $ 5000 7.73% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 490, plus 14.00% of excess over $ 6000 9.00% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 770, plus 15.00% of excess over $ 8000 10.22% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 1070, plus 16.00% of excess over $ 10000 11.18% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 1390, plus 17.00% of excess over $ 12000 12.00% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1730, plus 18.00% of excess over $ 14000 12.73% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 2090, plus 19.00% of excess over $ 16000 13.41% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 2470, plus 20.00% of excess over $ 18000 14.05% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 2870, plus 21.00% of excess over $ 20000 14.67% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 3290, plus 22.00% of excess over $ 22000 15.26% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 26000 $ 3730, plus 23.00% of excess over $ 24000 15.84% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 28000 $ 4190, plus 24.00% of excess over $ 26000 16.41% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 30000 $ 4670, plus 25.00% of excess over $ 28000 16.97% effective overall tax rate(computed on tax on middle of income range) Over $ 30000 but not over $ 32000 $ 5170, plus 26.00% of excess over $ 30000 17.52% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 34000 $ 5690, plus 27.00% of excess over $ 32000 18.06% effective overall tax rate(computed on tax on middle of income range) Over $ 34000 but not over $ 36000 $ 6230, plus 28.00% of excess over $ 34000 18.60% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 38000 $ 6790, plus 29.00% of excess over $ 36000 19.14% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 40000 $ 7370, plus 30.00% of excess over $ 38000 19.67% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 42000 $ 7970, plus 31.00% of excess over $ 40000 20.20% effective overall tax rate(computed on tax on middle of income range) Over $ 42000 but not over $ 44000 $ 8590, plus 32.00% of excess over $ 42000 20.72% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 46000 $ 9230, plus 33.00% of excess over $ 44000 21.24% effective overall tax rate(computed on tax on middle of income range) Over $ 46000 but not over $ 48000 $ 9890, plus 34.00% of excess over $ 46000 21.77% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 50000 $ 10570, plus 35.00% of excess over $ 48000 22.29% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 52000 $ 11270, plus 36.00% of excess over $ 50000 22.80% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 54000 $ 11990, plus 37.00% of excess over $ 52000 23.32% effective overall tax rate(computed on tax on middle of income range) Over $ 54000 but not over $ 56000 $ 12730, plus 38.00% of excess over $ 54000 23.84% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 58000 $ 13490, plus 39.00% of excess over $ 56000 24.35% effective overall tax rate(computed on tax on middle of income range) Over $ 58000 but not over $ 60000 $ 14270, plus 40.00% of excess over $ 58000 24.86% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 62000 $ 15070, plus 41.00% of excess over $ 60000 25.38% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 64000 $ 15890, plus 42.00% of excess over $ 62000 25.89% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 66000 $ 16730, plus 43.00% of excess over $ 64000 26.40% effective overall tax rate(computed on tax on middle of income range) Over $ 66000 but not over $ 68000 $ 17590, plus 44.00% of excess over $ 66000 26.91% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 70000 $ 18470, plus 45.00% of excess over $ 68000 27.42% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 72000 $ 19370, plus 46.00% of excess over $ 70000 27.93% effective overall tax rate(computed on tax on middle of income range) Over $ 72000 but not over $ 74000 $ 20290, plus 47.00% of excess over $ 72000 28.44% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 76000 $ 21230, plus 48.00% of excess over $ 74000 28.95% effective overall tax rate(computed on tax on middle of income range) Over $ 76000 but not over $ 78000 $ 22190, plus 49.00% of excess over $ 76000 29.45% effective overall tax rate(computed on tax on middle of income range) Over $ 78000 but not over $ 80000 $ 23170, plus 50.00% of excess over $ 78000 29.96% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 82000 $ 24170, plus 51.00% of excess over $ 80000 30.47% effective overall tax rate(computed on tax on middle of income range) Over $ 82000 but not over $ 84000 $ 25190, plus 52.00% of excess over $ 82000 30.98% effective overall tax rate(computed on tax on middle of income range) Over $ 84000 but not over $ 86000 $ 26230, plus 53.00% of excess over $ 84000 31.48% effective overall tax rate(computed on tax on middle of income range) Over $ 86000 but not over $ 88000 $ 27290, plus 54.00% of excess over $ 86000 31.99% effective overall tax rate(computed on tax on middle of income range) Over $ 88000 but not over $ 90000 $ 28370, plus 55.00% of excess over $ 88000 32.49% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 92000 $ 29470, plus 56.00% of excess over $ 90000 33.00% effective overall tax rate(computed on tax on middle of income range) Over $ 92000 but not over $ 94000 $ 30590, plus 57.00% of excess over $ 92000 33.51% effective overall tax rate(computed on tax on middle of income range) Over $ 94000 but not over $ 96000 $ 31730, plus 58.00% of excess over $ 94000 34.01% effective overall tax rate(computed on tax on middle of income range) Over $ 96000 but not over $ 98000 $ 32890, plus 59.00% of excess over $ 96000 34.52% effective overall tax rate(computed on tax on middle of income range) Over $ 98000 but not over $ 100000 $ 34070, plus 60.00% of excess over $ 98000 35.02% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 35270, plus 64.00% of excess over $ 100000 41.02% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 67270, plus 68.00% of excess over $ 150000 48.15% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 300000 $ 101270, plus 72.00% of excess over $ 200000 54.91% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 500000 $ 173270, plus 75.00% of excess over $ 300000 62.07% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $1000000 $ 323270, plus 76.00% of excess over $ 500000 68.44% effective overall tax rate(computed on tax on middle of income range) Over $1000000 ........................ $ 703270, plus 77.00% of excess over $1000000 70.33% <=> 77.00% effective overall tax rate as income goes to infinity1918 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 15.651153422 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 62605 ................................... 6.00% of the taxable income 6.00% effective overall tax rate Over $ 62605 but not over $ 78256 $ 3756, plus 12.00% of excess over $ 62605 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 78256 but not over $ 93907 $ 5634, plus 13.00% of excess over $ 78256 7.73% effective overall tax rate(computed on tax on middle of income range) Over $ 93907 but not over $ 125209 $ 7669, plus 14.00% of excess over $ 93907 9.00% effective overall tax rate(computed on tax on middle of income range) Over $ 125209 but not over $ 156512 $ 12051, plus 15.00% of excess over $ 125209 10.22% effective overall tax rate(computed on tax on middle of income range) Over $ 156512 but not over $ 187814 $ 16747, plus 16.00% of excess over $ 156512 11.18% effective overall tax rate(computed on tax on middle of income range) Over $ 187814 but not over $ 219116 $ 21755, plus 17.00% of excess over $ 187814 12.00% effective overall tax rate(computed on tax on middle of income range) Over $ 219116 but not over $ 250418 $ 27076, plus 18.00% of excess over $ 219116 12.73% effective overall tax rate(computed on tax on middle of income range) Over $ 250418 but not over $ 281721 $ 32711, plus 19.00% of excess over $ 250418 13.41% effective overall tax rate(computed on tax on middle of income range) Over $ 281721 but not over $ 313023 $ 38658, plus 20.00% of excess over $ 281721 14.05% effective overall tax rate(computed on tax on middle of income range) Over $ 313023 but not over $ 344325 $ 44919, plus 21.00% of excess over $ 313023 14.67% effective overall tax rate(computed on tax on middle of income range) Over $ 344325 but not over $ 375628 $ 51492, plus 22.00% of excess over $ 344325 15.26% effective overall tax rate(computed on tax on middle of income range) Over $ 375628 but not over $ 406930 $ 58379, plus 23.00% of excess over $ 375628 15.84% effective overall tax rate(computed on tax on middle of income range) Over $ 406930 but not over $ 438232 $ 65578, plus 24.00% of excess over $ 406930 16.41% effective overall tax rate(computed on tax on middle of income range) Over $ 438232 but not over $ 469535 $ 73091, plus 25.00% of excess over $ 438232 16.97% effective overall tax rate(computed on tax on middle of income range) Over $ 469535 but not over $ 500837 $ 80916, plus 26.00% of excess over $ 469535 17.52% effective overall tax rate(computed on tax on middle of income range) Over $ 500837 but not over $ 532139 $ 89055, plus 27.00% of excess over $ 500837 18.06% effective overall tax rate(computed on tax on middle of income range) Over $ 532139 but not over $ 563442 $ 97507, plus 28.00% of excess over $ 532139 18.60% effective overall tax rate(computed on tax on middle of income range) Over $ 563442 but not over $ 594744 $ 106271, plus 29.00% of excess over $ 563442 19.14% effective overall tax rate(computed on tax on middle of income range) Over $ 594744 but not over $ 626046 $ 115349, plus 30.00% of excess over $ 594744 19.67% effective overall tax rate(computed on tax on middle of income range) Over $ 626046 but not over $ 657348 $ 124740, plus 31.00% of excess over $ 626046 20.20% effective overall tax rate(computed on tax on middle of income range) Over $ 657348 but not over $ 688651 $ 134443, plus 32.00% of excess over $ 657348 20.72% effective overall tax rate(computed on tax on middle of income range) Over $ 688651 but not over $ 719953 $ 144460, plus 33.00% of excess over $ 688651 21.24% effective overall tax rate(computed on tax on middle of income range) Over $ 719953 but not over $ 751255 $ 154790, plus 34.00% of excess over $ 719953 21.77% effective overall tax rate(computed on tax on middle of income range) Over $ 751255 but not over $ 782558 $ 165433, plus 35.00% of excess over $ 751255 22.29% effective overall tax rate(computed on tax on middle of income range) Over $ 782558 but not over $ 813860 $ 176388, plus 36.00% of excess over $ 782558 22.80% effective overall tax rate(computed on tax on middle of income range) Over $ 813860 but not over $ 845162 $ 187657, plus 37.00% of excess over $ 813860 23.32% effective overall tax rate(computed on tax on middle of income range) Over $ 845162 but not over $ 876465 $ 199239, plus 38.00% of excess over $ 845162 23.84% effective overall tax rate(computed on tax on middle of income range) Over $ 876465 but not over $ 907767 $ 211134, plus 39.00% of excess over $ 876465 24.35% effective overall tax rate(computed on tax on middle of income range) Over $ 907767 but not over $ 939069 $ 223342, plus 40.00% of excess over $ 907767 24.86% effective overall tax rate(computed on tax on middle of income range) Over $ 939069 but not over $ 970372 $ 235863, plus 41.00% of excess over $ 939069 25.38% effective overall tax rate(computed on tax on middle of income range) Over $ 970372 but not over $1001674 $ 248697, plus 42.00% of excess over $ 970372 25.89% effective overall tax rate(computed on tax on middle of income range) Over $1001674 but not over $1032976 $ 261844, plus 43.00% of excess over $1001674 26.40% effective overall tax rate(computed on tax on middle of income range) Over $1032976 but not over $1064278 $ 275304, plus 44.00% of excess over $1032976 26.91% effective overall tax rate(computed on tax on middle of income range) Over $1064278 but not over $1095581 $ 289077, plus 45.00% of excess over $1064278 27.42% effective overall tax rate(computed on tax on middle of income range) Over $1095581 but not over $1126883 $ 303163, plus 46.00% of excess over $1095581 27.93% effective overall tax rate(computed on tax on middle of income range) Over $1126883 but not over $1158185 $ 317562, plus 47.00% of excess over $1126883 28.44% effective overall tax rate(computed on tax on middle of income range) Over $1158185 but not over $1189488 $ 332274, plus 48.00% of excess over $1158185 28.95% effective overall tax rate(computed on tax on middle of income range) Over $1189488 but not over $1220790 $ 347299, plus 49.00% of excess over $1189488 29.45% effective overall tax rate(computed on tax on middle of income range) Over $1220790 but not over $1252092 $ 362637, plus 50.00% of excess over $1220790 29.96% effective overall tax rate(computed on tax on middle of income range) Over $1252092 but not over $1283395 $ 378288, plus 51.00% of excess over $1252092 30.47% effective overall tax rate(computed on tax on middle of income range) Over $1283395 but not over $1314697 $ 394253, plus 52.00% of excess over $1283395 30.98% effective overall tax rate(computed on tax on middle of income range) Over $1314697 but not over $1345999 $ 410530, plus 53.00% of excess over $1314697 31.48% effective overall tax rate(computed on tax on middle of income range) Over $1345999 but not over $1377302 $ 427120, plus 54.00% of excess over $1345999 31.99% effective overall tax rate(computed on tax on middle of income range) Over $1377302 but not over $1408604 $ 444023, plus 55.00% of excess over $1377302 32.49% effective overall tax rate(computed on tax on middle of income range) Over $1408604 but not over $1439906 $ 461239, plus 56.00% of excess over $1408604 33.00% effective overall tax rate(computed on tax on middle of income range) Over $1439906 but not over $1471208 $ 478769, plus 57.00% of excess over $1439906 33.51% effective overall tax rate(computed on tax on middle of income range) Over $1471208 but not over $1502511 $ 496611, plus 58.00% of excess over $1471208 34.01% effective overall tax rate(computed on tax on middle of income range) Over $1502511 but not over $1533813 $ 514766, plus 59.00% of excess over $1502511 34.52% effective overall tax rate(computed on tax on middle of income range) Over $1533813 but not over $1565115 $ 533235, plus 60.00% of excess over $1533813 35.02% effective overall tax rate(computed on tax on middle of income range) Over $1565115 but not over $2347673 $ 552016, plus 64.00% of excess over $1565115 41.02% effective overall tax rate(computed on tax on middle of income range) Over $2347673 but not over $3130231 $1052853, plus 68.00% of excess over $2347673 48.15% effective overall tax rate(computed on tax on middle of income range) Over $3130231 but not over $4695346 $1584992, plus 72.00% of excess over $3130231 54.91% effective overall tax rate(computed on tax on middle of income range) Over $4695346 but not over $7825577 $2711875, plus 75.00% of excess over $4695346 62.07% effective overall tax rate(computed on tax on middle of income range) Over $7825577 but not over $15651153 $5059548, plus 76.00% of excess over $7825577 68.44% effective overall tax rate(computed on tax on middle of income range) Over $15651153 ........................$11006987, plus 77.00% of excess over $15651153 70.33% <=> 77.00% effective overall tax rate as income goes to infinity
1918 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 600 2000 percentage of taxable income= 6.00% for tax year 1918 percentage of 1954 taxes 30.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 1200 4049 percentage of taxable income= 6.00% for tax year 1918 percentage of 1954 taxes 29.64% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1800 6249 percentage of taxable income= 6.00% for tax year 1918 percentage of 1954 taxes 28.81% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 2400 8643 percentage of taxable income= 6.00% for tax year 1918 percentage of 1954 taxes 27.77% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 3000 11243 percentage of taxable income= 6.00% for tax year 1918 percentage of 1954 taxes 26.68% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 3600 14134 percentage of taxable income= 6.00% for tax year 1918 percentage of 1954 taxes 25.47% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 4644 17134 percentage of taxable income= 6.63% for tax year 1918 percentage of 1954 taxes 27.10% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 5861 20523 percentage of taxable income= 7.33% for tax year 1918 percentage of 1954 taxes 28.56% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 7161 24009 percentage of taxable income= 7.96% for tax year 1918 percentage of 1954 taxes 29.83% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 8522 27809 percentage of taxable income= 8.52% for tax year 1918 percentage of 1954 taxes 30.65% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 15770 50400 percentage of taxable income= 10.51% for tax year 1918 percentage of 1954 taxes 31.29% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 23827 77586 percentage of taxable income= 11.91% for tax year 1918 percentage of 1954 taxes 30.71% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 32636 107734 percentage of taxable income= 13.05% for tax year 1918 percentage of 1954 taxes 30.29% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 42314 139299 percentage of taxable income= 14.10% for tax year 1918 percentage of 1954 taxes 30.38% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 52741 172445 percentage of taxable income= 15.07% for tax year 1918 percentage of 1954 taxes 30.58% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 63984 207348 percentage of taxable income= 16.00% for tax year 1918 percentage of 1954 taxes 30.86% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 76033 243670 percentage of taxable income= 16.90% for tax year 1918 percentage of 1954 taxes 31.20% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 88837 281170 percentage of taxable income= 17.77% for tax year 1918 percentage of 1954 taxes 31.60% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 116926 358356 percentage of taxable income= 19.49% for tax year 1918 percentage of 1954 taxes 32.63% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 148205 438906 percentage of taxable income= 21.17% for tax year 1918 percentage of 1954 taxes 33.77% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 182668 523100 percentage of taxable income= 22.83% for tax year 1918 percentage of 1954 taxes 34.92% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 220313 610528 percentage of taxable income= 24.48% for tax year 1918 percentage of 1954 taxes 36.09% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 261141 699528 percentage of taxable income= 26.11% for tax year 1918 percentage of 1954 taxes 37.33%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 5000 $ 160, plus 8.00% of excess over $ 4000 4.44% effective overall tax rate(computed on tax on middle of income range) Over $ 5000 but not over $ 6000 $ 240, plus 9.00% of excess over $ 5000 5.18% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 330, plus 10.00% of excess over $ 6000 6.14% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 530, plus 11.00% of excess over $ 8000 7.11% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 750, plus 12.00% of excess over $ 10000 7.91% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 990, plus 13.00% of excess over $ 12000 8.62% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1250, plus 14.00% of excess over $ 14000 9.27% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1530, plus 15.00% of excess over $ 16000 9.88% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 1830, plus 16.00% of excess over $ 18000 10.47% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 2150, plus 17.00% of excess over $ 20000 11.05% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 2490, plus 18.00% of excess over $ 22000 11.61% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 26000 $ 2850, plus 19.00% of excess over $ 24000 12.16% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 28000 $ 3230, plus 20.00% of excess over $ 26000 12.70% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 30000 $ 3630, plus 21.00% of excess over $ 28000 13.24% effective overall tax rate(computed on tax on middle of income range) Over $ 30000 but not over $ 32000 $ 4050, plus 22.00% of excess over $ 30000 13.77% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 34000 $ 4490, plus 23.00% of excess over $ 32000 14.30% effective overall tax rate(computed on tax on middle of income range) Over $ 34000 but not over $ 36000 $ 4950, plus 24.00% of excess over $ 34000 14.83% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 38000 $ 5430, plus 25.00% of excess over $ 36000 15.35% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 40000 $ 5930, plus 26.00% of excess over $ 38000 15.87% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 42000 $ 6450, plus 27.00% of excess over $ 40000 16.39% effective overall tax rate(computed on tax on middle of income range) Over $ 42000 but not over $ 44000 $ 6990, plus 28.00% of excess over $ 42000 16.91% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 46000 $ 7550, plus 29.00% of excess over $ 44000 17.42% effective overall tax rate(computed on tax on middle of income range) Over $ 46000 but not over $ 48000 $ 8130, plus 30.00% of excess over $ 46000 17.94% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 50000 $ 8730, plus 31.00% of excess over $ 48000 18.45% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 52000 $ 9350, plus 32.00% of excess over $ 50000 18.96% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 54000 $ 9990, plus 33.00% of excess over $ 52000 19.47% effective overall tax rate(computed on tax on middle of income range) Over $ 54000 but not over $ 56000 $ 10650, plus 34.00% of excess over $ 54000 19.98% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 58000 $ 11330, plus 35.00% of excess over $ 56000 20.49% effective overall tax rate(computed on tax on middle of income range) Over $ 58000 but not over $ 60000 $ 12030, plus 36.00% of excess over $ 58000 21.00% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 62000 $ 12750, plus 37.00% of excess over $ 60000 21.51% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 64000 $ 13490, plus 38.00% of excess over $ 62000 22.02% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 66000 $ 14250, plus 39.00% of excess over $ 64000 22.52% effective overall tax rate(computed on tax on middle of income range) Over $ 66000 but not over $ 68000 $ 15030, plus 40.00% of excess over $ 66000 23.03% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 70000 $ 15830, plus 41.00% of excess over $ 68000 23.54% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 72000 $ 16650, plus 42.00% of excess over $ 70000 24.04% effective overall tax rate(computed on tax on middle of income range) Over $ 72000 but not over $ 74000 $ 17490, plus 43.00% of excess over $ 72000 24.55% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 76000 $ 18350, plus 44.00% of excess over $ 74000 25.05% effective overall tax rate(computed on tax on middle of income range) Over $ 76000 but not over $ 78000 $ 19230, plus 45.00% of excess over $ 76000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 78000 but not over $ 80000 $ 20130, plus 46.00% of excess over $ 78000 26.06% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 82000 $ 21050, plus 47.00% of excess over $ 80000 26.57% effective overall tax rate(computed on tax on middle of income range) Over $ 82000 but not over $ 84000 $ 21990, plus 48.00% of excess over $ 82000 27.07% effective overall tax rate(computed on tax on middle of income range) Over $ 84000 but not over $ 86000 $ 22950, plus 49.00% of excess over $ 84000 27.58% effective overall tax rate(computed on tax on middle of income range) Over $ 86000 but not over $ 88000 $ 23930, plus 50.00% of excess over $ 86000 28.08% effective overall tax rate(computed on tax on middle of income range) Over $ 88000 but not over $ 90000 $ 24930, plus 51.00% of excess over $ 88000 28.58% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 92000 $ 25950, plus 52.00% of excess over $ 90000 29.09% effective overall tax rate(computed on tax on middle of income range) Over $ 92000 but not over $ 94000 $ 26990, plus 53.00% of excess over $ 92000 29.59% effective overall tax rate(computed on tax on middle of income range) Over $ 94000 but not over $ 96000 $ 28050, plus 54.00% of excess over $ 94000 30.09% effective overall tax rate(computed on tax on middle of income range) Over $ 96000 but not over $ 98000 $ 29130, plus 55.00% of excess over $ 96000 30.60% effective overall tax rate(computed on tax on middle of income range) Over $ 98000 but not over $ 100000 $ 30230, plus 56.00% of excess over $ 98000 31.10% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 31350, plus 60.00% of excess over $ 100000 37.08% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 61350, plus 64.00% of excess over $ 150000 44.20% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 300000 $ 93350, plus 68.00% of excess over $ 200000 50.94% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 500000 $ 161350, plus 71.00% of excess over $ 300000 58.09% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $1000000 $ 303350, plus 72.00% of excess over $ 500000 64.45% effective overall tax rate(computed on tax on middle of income range) Over $1000000 ........................ $ 663350, plus 73.00% of excess over $1000000 66.34% <=> 73.00% effective overall tax rate as income goes to infinity1919 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 13.660833333 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 54643 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 54643 but not over $ 68304 $ 2186, plus 8.00% of excess over $ 54643 4.44% effective overall tax rate(computed on tax on middle of income range) Over $ 68304 but not over $ 81965 $ 3279, plus 9.00% of excess over $ 68304 5.18% effective overall tax rate(computed on tax on middle of income range) Over $ 81965 but not over $ 109287 $ 4508, plus 10.00% of excess over $ 81965 6.14% effective overall tax rate(computed on tax on middle of income range) Over $ 109287 but not over $ 136608 $ 7240, plus 11.00% of excess over $ 109287 7.11% effective overall tax rate(computed on tax on middle of income range) Over $ 136608 but not over $ 163930 $ 10246, plus 12.00% of excess over $ 136608 7.91% effective overall tax rate(computed on tax on middle of income range) Over $ 163930 but not over $ 191252 $ 13524, plus 13.00% of excess over $ 163930 8.62% effective overall tax rate(computed on tax on middle of income range) Over $ 191252 but not over $ 218573 $ 17076, plus 14.00% of excess over $ 191252 9.27% effective overall tax rate(computed on tax on middle of income range) Over $ 218573 but not over $ 245895 $ 20901, plus 15.00% of excess over $ 218573 9.88% effective overall tax rate(computed on tax on middle of income range) Over $ 245895 but not over $ 273217 $ 24999, plus 16.00% of excess over $ 245895 10.47% effective overall tax rate(computed on tax on middle of income range) Over $ 273217 but not over $ 300538 $ 29371, plus 17.00% of excess over $ 273217 11.05% effective overall tax rate(computed on tax on middle of income range) Over $ 300538 but not over $ 327860 $ 34015, plus 18.00% of excess over $ 300538 11.61% effective overall tax rate(computed on tax on middle of income range) Over $ 327860 but not over $ 355182 $ 38933, plus 19.00% of excess over $ 327860 12.16% effective overall tax rate(computed on tax on middle of income range) Over $ 355182 but not over $ 382503 $ 44124, plus 20.00% of excess over $ 355182 12.70% effective overall tax rate(computed on tax on middle of income range) Over $ 382503 but not over $ 409825 $ 49589, plus 21.00% of excess over $ 382503 13.24% effective overall tax rate(computed on tax on middle of income range) Over $ 409825 but not over $ 437147 $ 55326, plus 22.00% of excess over $ 409825 13.77% effective overall tax rate(computed on tax on middle of income range) Over $ 437147 but not over $ 464468 $ 61337, plus 23.00% of excess over $ 437147 14.30% effective overall tax rate(computed on tax on middle of income range) Over $ 464468 but not over $ 491790 $ 67621, plus 24.00% of excess over $ 464468 14.83% effective overall tax rate(computed on tax on middle of income range) Over $ 491790 but not over $ 519112 $ 74178, plus 25.00% of excess over $ 491790 15.35% effective overall tax rate(computed on tax on middle of income range) Over $ 519112 but not over $ 546433 $ 81009, plus 26.00% of excess over $ 519112 15.87% effective overall tax rate(computed on tax on middle of income range) Over $ 546433 but not over $ 573755 $ 88112, plus 27.00% of excess over $ 546433 16.39% effective overall tax rate(computed on tax on middle of income range) Over $ 573755 but not over $ 601077 $ 95489, plus 28.00% of excess over $ 573755 16.91% effective overall tax rate(computed on tax on middle of income range) Over $ 601077 but not over $ 628398 $ 103139, plus 29.00% of excess over $ 601077 17.42% effective overall tax rate(computed on tax on middle of income range) Over $ 628398 but not over $ 655720 $ 111063, plus 30.00% of excess over $ 628398 17.94% effective overall tax rate(computed on tax on middle of income range) Over $ 655720 but not over $ 683042 $ 119259, plus 31.00% of excess over $ 655720 18.45% effective overall tax rate(computed on tax on middle of income range) Over $ 683042 but not over $ 710363 $ 127729, plus 32.00% of excess over $ 683042 18.96% effective overall tax rate(computed on tax on middle of income range) Over $ 710363 but not over $ 737685 $ 136472, plus 33.00% of excess over $ 710363 19.47% effective overall tax rate(computed on tax on middle of income range) Over $ 737685 but not over $ 765007 $ 145488, plus 34.00% of excess over $ 737685 19.98% effective overall tax rate(computed on tax on middle of income range) Over $ 765007 but not over $ 792328 $ 154777, plus 35.00% of excess over $ 765007 20.49% effective overall tax rate(computed on tax on middle of income range) Over $ 792328 but not over $ 819650 $ 164340, plus 36.00% of excess over $ 792328 21.00% effective overall tax rate(computed on tax on middle of income range) Over $ 819650 but not over $ 846972 $ 174176, plus 37.00% of excess over $ 819650 21.51% effective overall tax rate(computed on tax on middle of income range) Over $ 846972 but not over $ 874293 $ 184285, plus 38.00% of excess over $ 846972 22.02% effective overall tax rate(computed on tax on middle of income range) Over $ 874293 but not over $ 901615 $ 194667, plus 39.00% of excess over $ 874293 22.52% effective overall tax rate(computed on tax on middle of income range) Over $ 901615 but not over $ 928937 $ 205322, plus 40.00% of excess over $ 901615 23.03% effective overall tax rate(computed on tax on middle of income range) Over $ 928937 but not over $ 956258 $ 216251, plus 41.00% of excess over $ 928937 23.54% effective overall tax rate(computed on tax on middle of income range) Over $ 956258 but not over $ 983580 $ 227453, plus 42.00% of excess over $ 956258 24.04% effective overall tax rate(computed on tax on middle of income range) Over $ 983580 but not over $1010902 $ 238928, plus 43.00% of excess over $ 983580 24.55% effective overall tax rate(computed on tax on middle of income range) Over $1010902 but not over $1038223 $ 250676, plus 44.00% of excess over $1010902 25.05% effective overall tax rate(computed on tax on middle of income range) Over $1038223 but not over $1065545 $ 262698, plus 45.00% of excess over $1038223 25.56% effective overall tax rate(computed on tax on middle of income range) Over $1065545 but not over $1092867 $ 274993, plus 46.00% of excess over $1065545 26.06% effective overall tax rate(computed on tax on middle of income range) Over $1092867 but not over $1120188 $ 287561, plus 47.00% of excess over $1092867 26.57% effective overall tax rate(computed on tax on middle of income range) Over $1120188 but not over $1147510 $ 300402, plus 48.00% of excess over $1120188 27.07% effective overall tax rate(computed on tax on middle of income range) Over $1147510 but not over $1174832 $ 313516, plus 49.00% of excess over $1147510 27.58% effective overall tax rate(computed on tax on middle of income range) Over $1174832 but not over $1202153 $ 326904, plus 50.00% of excess over $1174832 28.08% effective overall tax rate(computed on tax on middle of income range) Over $1202153 but not over $1229475 $ 340565, plus 51.00% of excess over $1202153 28.58% effective overall tax rate(computed on tax on middle of income range) Over $1229475 but not over $1256797 $ 354499, plus 52.00% of excess over $1229475 29.09% effective overall tax rate(computed on tax on middle of income range) Over $1256797 but not over $1284118 $ 368706, plus 53.00% of excess over $1256797 29.59% effective overall tax rate(computed on tax on middle of income range) Over $1284118 but not over $1311440 $ 383186, plus 54.00% of excess over $1284118 30.09% effective overall tax rate(computed on tax on middle of income range) Over $1311440 but not over $1338762 $ 397940, plus 55.00% of excess over $1311440 30.60% effective overall tax rate(computed on tax on middle of income range) Over $1338762 but not over $1366083 $ 412967, plus 56.00% of excess over $1338762 31.10% effective overall tax rate(computed on tax on middle of income range) Over $1366083 but not over $2049125 $ 428267, plus 60.00% of excess over $1366083 37.08% effective overall tax rate(computed on tax on middle of income range) Over $2049125 but not over $2732167 $ 838092, plus 64.00% of excess over $2049125 44.20% effective overall tax rate(computed on tax on middle of income range) Over $2732167 but not over $4098250 $1275239, plus 68.00% of excess over $2732167 50.94% effective overall tax rate(computed on tax on middle of income range) Over $4098250 but not over $6830417 $2204175, plus 71.00% of excess over $4098250 58.09% effective overall tax rate(computed on tax on middle of income range) Over $6830417 but not over $13660833 $4144014, plus 72.00% of excess over $6830417 64.45% effective overall tax rate(computed on tax on middle of income range) Over $13660833 ........................$9061914, plus 73.00% of excess over $13660833 66.33% <=> 73.00% effective overall tax rate as income goes to infinity
1919 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1919 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1919 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1919 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1919 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2000 11243 percentage of taxable income= 4.00% for tax year 1919 percentage of 1954 taxes 17.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2614 14134 percentage of taxable income= 4.36% for tax year 1919 percentage of 1954 taxes 18.50% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 3431 17134 percentage of taxable income= 4.90% for tax year 1919 percentage of 1954 taxes 20.03% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 4331 20523 percentage of taxable income= 5.41% for tax year 1919 percentage of 1954 taxes 21.10% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 5312 24009 percentage of taxable income= 5.90% for tax year 1919 percentage of 1954 taxes 22.12% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 6312 27809 percentage of taxable income= 6.31% for tax year 1919 percentage of 1954 taxes 22.70% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 11853 50400 percentage of taxable income= 7.90% for tax year 1919 percentage of 1954 taxes 23.52% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 18301 77586 percentage of taxable income= 9.15% for tax year 1919 percentage of 1954 taxes 23.59% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 25656 107734 percentage of taxable income= 10.26% for tax year 1919 percentage of 1954 taxes 23.81% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 33924 139299 percentage of taxable income= 11.31% for tax year 1919 percentage of 1954 taxes 24.35% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 43140 172445 percentage of taxable income= 12.33% for tax year 1919 percentage of 1954 taxes 25.02% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 53263 207348 percentage of taxable income= 13.32% for tax year 1919 percentage of 1954 taxes 25.69% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 64293 243670 percentage of taxable income= 14.29% for tax year 1919 percentage of 1954 taxes 26.39% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 76231 281170 percentage of taxable income= 15.25% for tax year 1919 percentage of 1954 taxes 27.11% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 102838 358356 percentage of taxable income= 17.14% for tax year 1919 percentage of 1954 taxes 28.70% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 133155 438906 percentage of taxable income= 19.02% for tax year 1919 percentage of 1954 taxes 30.34% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 167102 523100 percentage of taxable income= 20.89% for tax year 1919 percentage of 1954 taxes 31.94% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 204692 610528 percentage of taxable income= 22.74% for tax year 1919 percentage of 1954 taxes 33.53% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 245989 699528 percentage of taxable income= 24.60% for tax year 1919 percentage of 1954 taxes 35.16%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 5000 $ 160, plus 8.00% of excess over $ 4000 4.44% effective overall tax rate(computed on tax on middle of income range) Over $ 5000 but not over $ 6000 $ 240, plus 9.00% of excess over $ 5000 5.18% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 330, plus 10.00% of excess over $ 6000 6.14% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 530, plus 11.00% of excess over $ 8000 7.11% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 750, plus 12.00% of excess over $ 10000 7.91% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 990, plus 13.00% of excess over $ 12000 8.62% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1250, plus 14.00% of excess over $ 14000 9.27% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1530, plus 15.00% of excess over $ 16000 9.88% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 1830, plus 16.00% of excess over $ 18000 10.47% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 2150, plus 17.00% of excess over $ 20000 11.05% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 2490, plus 18.00% of excess over $ 22000 11.61% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 26000 $ 2850, plus 19.00% of excess over $ 24000 12.16% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 28000 $ 3230, plus 20.00% of excess over $ 26000 12.70% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 30000 $ 3630, plus 21.00% of excess over $ 28000 13.24% effective overall tax rate(computed on tax on middle of income range) Over $ 30000 but not over $ 32000 $ 4050, plus 22.00% of excess over $ 30000 13.77% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 34000 $ 4490, plus 23.00% of excess over $ 32000 14.30% effective overall tax rate(computed on tax on middle of income range) Over $ 34000 but not over $ 36000 $ 4950, plus 24.00% of excess over $ 34000 14.83% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 38000 $ 5430, plus 25.00% of excess over $ 36000 15.35% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 40000 $ 5930, plus 26.00% of excess over $ 38000 15.87% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 42000 $ 6450, plus 27.00% of excess over $ 40000 16.39% effective overall tax rate(computed on tax on middle of income range) Over $ 42000 but not over $ 44000 $ 6990, plus 28.00% of excess over $ 42000 16.91% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 46000 $ 7550, plus 29.00% of excess over $ 44000 17.42% effective overall tax rate(computed on tax on middle of income range) Over $ 46000 but not over $ 48000 $ 8130, plus 30.00% of excess over $ 46000 17.94% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 50000 $ 8730, plus 31.00% of excess over $ 48000 18.45% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 52000 $ 9350, plus 32.00% of excess over $ 50000 18.96% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 54000 $ 9990, plus 33.00% of excess over $ 52000 19.47% effective overall tax rate(computed on tax on middle of income range) Over $ 54000 but not over $ 56000 $ 10650, plus 34.00% of excess over $ 54000 19.98% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 58000 $ 11330, plus 35.00% of excess over $ 56000 20.49% effective overall tax rate(computed on tax on middle of income range) Over $ 58000 but not over $ 60000 $ 12030, plus 36.00% of excess over $ 58000 21.00% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 62000 $ 12750, plus 37.00% of excess over $ 60000 21.51% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 64000 $ 13490, plus 38.00% of excess over $ 62000 22.02% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 66000 $ 14250, plus 39.00% of excess over $ 64000 22.52% effective overall tax rate(computed on tax on middle of income range) Over $ 66000 but not over $ 68000 $ 15030, plus 40.00% of excess over $ 66000 23.03% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 70000 $ 15830, plus 41.00% of excess over $ 68000 23.54% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 72000 $ 16650, plus 42.00% of excess over $ 70000 24.04% effective overall tax rate(computed on tax on middle of income range) Over $ 72000 but not over $ 74000 $ 17490, plus 43.00% of excess over $ 72000 24.55% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 76000 $ 18350, plus 44.00% of excess over $ 74000 25.05% effective overall tax rate(computed on tax on middle of income range) Over $ 76000 but not over $ 78000 $ 19230, plus 45.00% of excess over $ 76000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 78000 but not over $ 80000 $ 20130, plus 46.00% of excess over $ 78000 26.06% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 82000 $ 21050, plus 47.00% of excess over $ 80000 26.57% effective overall tax rate(computed on tax on middle of income range) Over $ 82000 but not over $ 84000 $ 21990, plus 48.00% of excess over $ 82000 27.07% effective overall tax rate(computed on tax on middle of income range) Over $ 84000 but not over $ 86000 $ 22950, plus 49.00% of excess over $ 84000 27.58% effective overall tax rate(computed on tax on middle of income range) Over $ 86000 but not over $ 88000 $ 23930, plus 50.00% of excess over $ 86000 28.08% effective overall tax rate(computed on tax on middle of income range) Over $ 88000 but not over $ 90000 $ 24930, plus 51.00% of excess over $ 88000 28.58% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 92000 $ 25950, plus 52.00% of excess over $ 90000 29.09% effective overall tax rate(computed on tax on middle of income range) Over $ 92000 but not over $ 94000 $ 26990, plus 53.00% of excess over $ 92000 29.59% effective overall tax rate(computed on tax on middle of income range) Over $ 94000 but not over $ 96000 $ 28050, plus 54.00% of excess over $ 94000 30.09% effective overall tax rate(computed on tax on middle of income range) Over $ 96000 but not over $ 98000 $ 29130, plus 55.00% of excess over $ 96000 30.60% effective overall tax rate(computed on tax on middle of income range) Over $ 98000 but not over $ 100000 $ 30230, plus 56.00% of excess over $ 98000 31.10% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 31350, plus 60.00% of excess over $ 100000 37.08% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 61350, plus 64.00% of excess over $ 150000 44.20% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 300000 $ 93350, plus 68.00% of excess over $ 200000 50.94% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 500000 $ 161350, plus 71.00% of excess over $ 300000 58.09% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $1000000 $ 303350, plus 72.00% of excess over $ 500000 64.45% effective overall tax rate(computed on tax on middle of income range) Over $1000000 ........................ $ 663350, plus 73.00% of excess over $1000000 66.34% <=> 73.00% effective overall tax rate as income goes to infinity1920 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 11.816620833 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 47266 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 47266 but not over $ 59083 $ 1891, plus 8.00% of excess over $ 47266 4.44% effective overall tax rate(computed on tax on middle of income range) Over $ 59083 but not over $ 70900 $ 2836, plus 9.00% of excess over $ 59083 5.18% effective overall tax rate(computed on tax on middle of income range) Over $ 70900 but not over $ 94533 $ 3899, plus 10.00% of excess over $ 70900 6.14% effective overall tax rate(computed on tax on middle of income range) Over $ 94533 but not over $ 118166 $ 6263, plus 11.00% of excess over $ 94533 7.11% effective overall tax rate(computed on tax on middle of income range) Over $ 118166 but not over $ 141799 $ 8862, plus 12.00% of excess over $ 118166 7.91% effective overall tax rate(computed on tax on middle of income range) Over $ 141799 but not over $ 165433 $ 11698, plus 13.00% of excess over $ 141799 8.62% effective overall tax rate(computed on tax on middle of income range) Over $ 165433 but not over $ 189066 $ 14771, plus 14.00% of excess over $ 165433 9.27% effective overall tax rate(computed on tax on middle of income range) Over $ 189066 but not over $ 212699 $ 18079, plus 15.00% of excess over $ 189066 9.88% effective overall tax rate(computed on tax on middle of income range) Over $ 212699 but not over $ 236332 $ 21624, plus 16.00% of excess over $ 212699 10.47% effective overall tax rate(computed on tax on middle of income range) Over $ 236332 but not over $ 259966 $ 25406, plus 17.00% of excess over $ 236332 11.05% effective overall tax rate(computed on tax on middle of income range) Over $ 259966 but not over $ 283599 $ 29423, plus 18.00% of excess over $ 259966 11.61% effective overall tax rate(computed on tax on middle of income range) Over $ 283599 but not over $ 307232 $ 33677, plus 19.00% of excess over $ 283599 12.16% effective overall tax rate(computed on tax on middle of income range) Over $ 307232 but not over $ 330865 $ 38168, plus 20.00% of excess over $ 307232 12.70% effective overall tax rate(computed on tax on middle of income range) Over $ 330865 but not over $ 354499 $ 42894, plus 21.00% of excess over $ 330865 13.24% effective overall tax rate(computed on tax on middle of income range) Over $ 354499 but not over $ 378132 $ 47857, plus 22.00% of excess over $ 354499 13.77% effective overall tax rate(computed on tax on middle of income range) Over $ 378132 but not over $ 401765 $ 53057, plus 23.00% of excess over $ 378132 14.30% effective overall tax rate(computed on tax on middle of income range) Over $ 401765 but not over $ 425398 $ 58492, plus 24.00% of excess over $ 401765 14.83% effective overall tax rate(computed on tax on middle of income range) Over $ 425398 but not over $ 449032 $ 64164, plus 25.00% of excess over $ 425398 15.35% effective overall tax rate(computed on tax on middle of income range) Over $ 449032 but not over $ 472665 $ 70073, plus 26.00% of excess over $ 449032 15.87% effective overall tax rate(computed on tax on middle of income range) Over $ 472665 but not over $ 496298 $ 76217, plus 27.00% of excess over $ 472665 16.39% effective overall tax rate(computed on tax on middle of income range) Over $ 496298 but not over $ 519931 $ 82598, plus 28.00% of excess over $ 496298 16.91% effective overall tax rate(computed on tax on middle of income range) Over $ 519931 but not over $ 543565 $ 89215, plus 29.00% of excess over $ 519931 17.42% effective overall tax rate(computed on tax on middle of income range) Over $ 543565 but not over $ 567198 $ 96069, plus 30.00% of excess over $ 543565 17.94% effective overall tax rate(computed on tax on middle of income range) Over $ 567198 but not over $ 590831 $ 103159, plus 31.00% of excess over $ 567198 18.45% effective overall tax rate(computed on tax on middle of income range) Over $ 590831 but not over $ 614464 $ 110485, plus 32.00% of excess over $ 590831 18.96% effective overall tax rate(computed on tax on middle of income range) Over $ 614464 but not over $ 638098 $ 118048, plus 33.00% of excess over $ 614464 19.47% effective overall tax rate(computed on tax on middle of income range) Over $ 638098 but not over $ 661731 $ 125847, plus 34.00% of excess over $ 638098 19.98% effective overall tax rate(computed on tax on middle of income range) Over $ 661731 but not over $ 685364 $ 133882, plus 35.00% of excess over $ 661731 20.49% effective overall tax rate(computed on tax on middle of income range) Over $ 685364 but not over $ 708997 $ 142154, plus 36.00% of excess over $ 685364 21.00% effective overall tax rate(computed on tax on middle of income range) Over $ 708997 but not over $ 732630 $ 150662, plus 37.00% of excess over $ 708997 21.51% effective overall tax rate(computed on tax on middle of income range) Over $ 732630 but not over $ 756264 $ 159406, plus 38.00% of excess over $ 732630 22.02% effective overall tax rate(computed on tax on middle of income range) Over $ 756264 but not over $ 779897 $ 168387, plus 39.00% of excess over $ 756264 22.52% effective overall tax rate(computed on tax on middle of income range) Over $ 779897 but not over $ 803530 $ 177604, plus 40.00% of excess over $ 779897 23.03% effective overall tax rate(computed on tax on middle of income range) Over $ 803530 but not over $ 827163 $ 187057, plus 41.00% of excess over $ 803530 23.54% effective overall tax rate(computed on tax on middle of income range) Over $ 827163 but not over $ 850797 $ 196747, plus 42.00% of excess over $ 827163 24.04% effective overall tax rate(computed on tax on middle of income range) Over $ 850797 but not over $ 874430 $ 206673, plus 43.00% of excess over $ 850797 24.55% effective overall tax rate(computed on tax on middle of income range) Over $ 874430 but not over $ 898063 $ 216835, plus 44.00% of excess over $ 874430 25.05% effective overall tax rate(computed on tax on middle of income range) Over $ 898063 but not over $ 921696 $ 227234, plus 45.00% of excess over $ 898063 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 921696 but not over $ 945330 $ 237869, plus 46.00% of excess over $ 921696 26.06% effective overall tax rate(computed on tax on middle of income range) Over $ 945330 but not over $ 968963 $ 248740, plus 47.00% of excess over $ 945330 26.57% effective overall tax rate(computed on tax on middle of income range) Over $ 968963 but not over $ 992596 $ 259847, plus 48.00% of excess over $ 968963 27.07% effective overall tax rate(computed on tax on middle of income range) Over $ 992596 but not over $1016229 $ 271191, plus 49.00% of excess over $ 992596 27.58% effective overall tax rate(computed on tax on middle of income range) Over $1016229 but not over $1039863 $ 282772, plus 50.00% of excess over $1016229 28.08% effective overall tax rate(computed on tax on middle of income range) Over $1039863 but not over $1063496 $ 294588, plus 51.00% of excess over $1039863 28.58% effective overall tax rate(computed on tax on middle of income range) Over $1063496 but not over $1087129 $ 306641, plus 52.00% of excess over $1063496 29.09% effective overall tax rate(computed on tax on middle of income range) Over $1087129 but not over $1110762 $ 318931, plus 53.00% of excess over $1087129 29.59% effective overall tax rate(computed on tax on middle of income range) Over $1110762 but not over $1134396 $ 331456, plus 54.00% of excess over $1110762 30.09% effective overall tax rate(computed on tax on middle of income range) Over $1134396 but not over $1158029 $ 344218, plus 55.00% of excess over $1134396 30.60% effective overall tax rate(computed on tax on middle of income range) Over $1158029 but not over $1181662 $ 357216, plus 56.00% of excess over $1158029 31.10% effective overall tax rate(computed on tax on middle of income range) Over $1181662 but not over $1772493 $ 370451, plus 60.00% of excess over $1181662 37.08% effective overall tax rate(computed on tax on middle of income range) Over $1772493 but not over $2363324 $ 724950, plus 64.00% of excess over $1772493 44.20% effective overall tax rate(computed on tax on middle of income range) Over $2363324 but not over $3544986 $1103082, plus 68.00% of excess over $2363324 50.94% effective overall tax rate(computed on tax on middle of income range) Over $3544986 but not over $5908310 $1906612, plus 71.00% of excess over $3544986 58.09% effective overall tax rate(computed on tax on middle of income range) Over $5908310 but not over $11816621 $3584572, plus 72.00% of excess over $5908310 64.45% effective overall tax rate(computed on tax on middle of income range) Over $11816621 ........................$7838555, plus 73.00% of excess over $11816621 66.34% <=> 73.00% effective overall tax rate as income goes to infinity
1920 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1920 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1920 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1920 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1920 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2109 11243 percentage of taxable income= 4.22% for tax year 1920 percentage of 1954 taxes 18.76% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2919 14134 percentage of taxable income= 4.86% for tax year 1920 percentage of 1954 taxes 20.65% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 3819 17134 percentage of taxable income= 5.46% for tax year 1920 percentage of 1954 taxes 22.29% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 4810 20523 percentage of taxable income= 6.01% for tax year 1920 percentage of 1954 taxes 23.43% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 5810 24009 percentage of taxable income= 6.46% for tax year 1920 percentage of 1954 taxes 24.20% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 6864 27809 percentage of taxable income= 6.86% for tax year 1920 percentage of 1954 taxes 24.68% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 12765 50400 percentage of taxable income= 8.51% for tax year 1920 percentage of 1954 taxes 25.33% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 19720 77586 percentage of taxable income= 9.86% for tax year 1920 percentage of 1954 taxes 25.42% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 27729 107734 percentage of taxable income= 11.09% for tax year 1920 percentage of 1954 taxes 25.74% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 36794 139299 percentage of taxable income= 12.26% for tax year 1920 percentage of 1954 taxes 26.41% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 46913 172445 percentage of taxable income= 13.40% for tax year 1920 percentage of 1954 taxes 27.20% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 58086 207348 percentage of taxable income= 14.52% for tax year 1920 percentage of 1954 taxes 28.01% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 70324 243670 percentage of taxable income= 15.63% for tax year 1920 percentage of 1954 taxes 28.86% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 83635 281170 percentage of taxable income= 16.73% for tax year 1920 percentage of 1954 taxes 29.75% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 113419 358356 percentage of taxable income= 18.90% for tax year 1920 percentage of 1954 taxes 31.65% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 147423 438906 percentage of taxable income= 21.06% for tax year 1920 percentage of 1954 taxes 33.59% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 185645 523100 percentage of taxable income= 23.21% for tax year 1920 percentage of 1954 taxes 35.49% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 228105 610528 percentage of taxable income= 25.35% for tax year 1920 percentage of 1954 taxes 37.36% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 274819 699528 percentage of taxable income= 27.48% for tax year 1920 percentage of 1954 taxes 39.29%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 5000 $ 160, plus 8.00% of excess over $ 4000 4.44% effective overall tax rate(computed on tax on middle of income range) Over $ 5000 but not over $ 6000 $ 240, plus 9.00% of excess over $ 5000 5.18% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 330, plus 10.00% of excess over $ 6000 6.14% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 530, plus 11.00% of excess over $ 8000 7.11% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 750, plus 12.00% of excess over $ 10000 7.91% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 990, plus 13.00% of excess over $ 12000 8.62% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1250, plus 14.00% of excess over $ 14000 9.27% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1530, plus 15.00% of excess over $ 16000 9.88% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 1830, plus 16.00% of excess over $ 18000 10.47% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 2150, plus 17.00% of excess over $ 20000 11.05% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 2490, plus 18.00% of excess over $ 22000 11.61% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 26000 $ 2850, plus 19.00% of excess over $ 24000 12.16% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 28000 $ 3230, plus 20.00% of excess over $ 26000 12.70% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 30000 $ 3630, plus 21.00% of excess over $ 28000 13.24% effective overall tax rate(computed on tax on middle of income range) Over $ 30000 but not over $ 32000 $ 4050, plus 22.00% of excess over $ 30000 13.77% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 34000 $ 4490, plus 23.00% of excess over $ 32000 14.30% effective overall tax rate(computed on tax on middle of income range) Over $ 34000 but not over $ 36000 $ 4950, plus 24.00% of excess over $ 34000 14.83% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 38000 $ 5430, plus 25.00% of excess over $ 36000 15.35% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 40000 $ 5930, plus 26.00% of excess over $ 38000 15.87% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 42000 $ 6450, plus 27.00% of excess over $ 40000 16.39% effective overall tax rate(computed on tax on middle of income range) Over $ 42000 but not over $ 44000 $ 6990, plus 28.00% of excess over $ 42000 16.91% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 46000 $ 7550, plus 29.00% of excess over $ 44000 17.42% effective overall tax rate(computed on tax on middle of income range) Over $ 46000 but not over $ 48000 $ 8130, plus 30.00% of excess over $ 46000 17.94% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 50000 $ 8730, plus 31.00% of excess over $ 48000 18.45% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 52000 $ 9350, plus 32.00% of excess over $ 50000 18.96% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 54000 $ 9990, plus 33.00% of excess over $ 52000 19.47% effective overall tax rate(computed on tax on middle of income range) Over $ 54000 but not over $ 56000 $ 10650, plus 34.00% of excess over $ 54000 19.98% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 58000 $ 11330, plus 35.00% of excess over $ 56000 20.49% effective overall tax rate(computed on tax on middle of income range) Over $ 58000 but not over $ 60000 $ 12030, plus 36.00% of excess over $ 58000 21.00% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 62000 $ 12750, plus 37.00% of excess over $ 60000 21.51% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 64000 $ 13490, plus 38.00% of excess over $ 62000 22.02% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 66000 $ 14250, plus 39.00% of excess over $ 64000 22.52% effective overall tax rate(computed on tax on middle of income range) Over $ 66000 but not over $ 68000 $ 15030, plus 40.00% of excess over $ 66000 23.03% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 70000 $ 15830, plus 41.00% of excess over $ 68000 23.54% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 72000 $ 16650, plus 42.00% of excess over $ 70000 24.04% effective overall tax rate(computed on tax on middle of income range) Over $ 72000 but not over $ 74000 $ 17490, plus 43.00% of excess over $ 72000 24.55% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 76000 $ 18350, plus 44.00% of excess over $ 74000 25.05% effective overall tax rate(computed on tax on middle of income range) Over $ 76000 but not over $ 78000 $ 19230, plus 45.00% of excess over $ 76000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 78000 but not over $ 80000 $ 20130, plus 46.00% of excess over $ 78000 26.06% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 82000 $ 21050, plus 47.00% of excess over $ 80000 26.57% effective overall tax rate(computed on tax on middle of income range) Over $ 82000 but not over $ 84000 $ 21990, plus 48.00% of excess over $ 82000 27.07% effective overall tax rate(computed on tax on middle of income range) Over $ 84000 but not over $ 86000 $ 22950, plus 49.00% of excess over $ 84000 27.58% effective overall tax rate(computed on tax on middle of income range) Over $ 86000 but not over $ 88000 $ 23930, plus 50.00% of excess over $ 86000 28.08% effective overall tax rate(computed on tax on middle of income range) Over $ 88000 but not over $ 90000 $ 24930, plus 51.00% of excess over $ 88000 28.58% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 92000 $ 25950, plus 52.00% of excess over $ 90000 29.09% effective overall tax rate(computed on tax on middle of income range) Over $ 92000 but not over $ 94000 $ 26990, plus 53.00% of excess over $ 92000 29.59% effective overall tax rate(computed on tax on middle of income range) Over $ 94000 but not over $ 96000 $ 28050, plus 54.00% of excess over $ 94000 30.09% effective overall tax rate(computed on tax on middle of income range) Over $ 96000 but not over $ 98000 $ 29130, plus 55.00% of excess over $ 96000 30.60% effective overall tax rate(computed on tax on middle of income range) Over $ 98000 but not over $ 100000 $ 30230, plus 56.00% of excess over $ 98000 31.10% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 31350, plus 60.00% of excess over $ 100000 37.08% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 61350, plus 64.00% of excess over $ 150000 44.20% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 300000 $ 93350, plus 68.00% of excess over $ 200000 50.94% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 500000 $ 161350, plus 71.00% of excess over $ 300000 58.09% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $1000000 $ 303350, plus 72.00% of excess over $ 500000 64.45% effective overall tax rate(computed on tax on middle of income range) Over $1000000 ........................ $ 663350, plus 73.00% of excess over $1000000 66.34% <=> 73.00% effective overall tax rate as income goes to infinity1921 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 13.202928305 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 52812 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 52812 but not over $ 66015 $ 2112, plus 8.00% of excess over $ 52812 4.44% effective overall tax rate(computed on tax on middle of income range) Over $ 66015 but not over $ 79218 $ 3169, plus 9.00% of excess over $ 66015 5.18% effective overall tax rate(computed on tax on middle of income range) Over $ 79218 but not over $ 105623 $ 4357, plus 10.00% of excess over $ 79218 6.14% effective overall tax rate(computed on tax on middle of income range) Over $ 105623 but not over $ 132029 $ 6998, plus 11.00% of excess over $ 105623 7.11% effective overall tax rate(computed on tax on middle of income range) Over $ 132029 but not over $ 158435 $ 9902, plus 12.00% of excess over $ 132029 7.91% effective overall tax rate(computed on tax on middle of income range) Over $ 158435 but not over $ 184841 $ 13071, plus 13.00% of excess over $ 158435 8.62% effective overall tax rate(computed on tax on middle of income range) Over $ 184841 but not over $ 211247 $ 16504, plus 14.00% of excess over $ 184841 9.27% effective overall tax rate(computed on tax on middle of income range) Over $ 211247 but not over $ 237653 $ 20200, plus 15.00% of excess over $ 211247 9.88% effective overall tax rate(computed on tax on middle of income range) Over $ 237653 but not over $ 264059 $ 24161, plus 16.00% of excess over $ 237653 10.47% effective overall tax rate(computed on tax on middle of income range) Over $ 264059 but not over $ 290464 $ 28386, plus 17.00% of excess over $ 264059 11.05% effective overall tax rate(computed on tax on middle of income range) Over $ 290464 but not over $ 316870 $ 32875, plus 18.00% of excess over $ 290464 11.61% effective overall tax rate(computed on tax on middle of income range) Over $ 316870 but not over $ 343276 $ 37628, plus 19.00% of excess over $ 316870 12.16% effective overall tax rate(computed on tax on middle of income range) Over $ 343276 but not over $ 369682 $ 42645, plus 20.00% of excess over $ 343276 12.70% effective overall tax rate(computed on tax on middle of income range) Over $ 369682 but not over $ 396088 $ 47927, plus 21.00% of excess over $ 369682 13.24% effective overall tax rate(computed on tax on middle of income range) Over $ 396088 but not over $ 422494 $ 53472, plus 22.00% of excess over $ 396088 13.77% effective overall tax rate(computed on tax on middle of income range) Over $ 422494 but not over $ 448900 $ 59281, plus 23.00% of excess over $ 422494 14.30% effective overall tax rate(computed on tax on middle of income range) Over $ 448900 but not over $ 475305 $ 65354, plus 24.00% of excess over $ 448900 14.83% effective overall tax rate(computed on tax on middle of income range) Over $ 475305 but not over $ 501711 $ 71692, plus 25.00% of excess over $ 475305 15.35% effective overall tax rate(computed on tax on middle of income range) Over $ 501711 but not over $ 528117 $ 78293, plus 26.00% of excess over $ 501711 15.87% effective overall tax rate(computed on tax on middle of income range) Over $ 528117 but not over $ 554523 $ 85159, plus 27.00% of excess over $ 528117 16.39% effective overall tax rate(computed on tax on middle of income range) Over $ 554523 but not over $ 580929 $ 92288, plus 28.00% of excess over $ 554523 16.91% effective overall tax rate(computed on tax on middle of income range) Over $ 580929 but not over $ 607335 $ 99682, plus 29.00% of excess over $ 580929 17.42% effective overall tax rate(computed on tax on middle of income range) Over $ 607335 but not over $ 633741 $ 107340, plus 30.00% of excess over $ 607335 17.94% effective overall tax rate(computed on tax on middle of income range) Over $ 633741 but not over $ 660146 $ 115262, plus 31.00% of excess over $ 633741 18.45% effective overall tax rate(computed on tax on middle of income range) Over $ 660146 but not over $ 686552 $ 123447, plus 32.00% of excess over $ 660146 18.96% effective overall tax rate(computed on tax on middle of income range) Over $ 686552 but not over $ 712958 $ 131897, plus 33.00% of excess over $ 686552 19.47% effective overall tax rate(computed on tax on middle of income range) Over $ 712958 but not over $ 739364 $ 140611, plus 34.00% of excess over $ 712958 19.98% effective overall tax rate(computed on tax on middle of income range) Over $ 739364 but not over $ 765770 $ 149589, plus 35.00% of excess over $ 739364 20.49% effective overall tax rate(computed on tax on middle of income range) Over $ 765770 but not over $ 792176 $ 158831, plus 36.00% of excess over $ 765770 21.00% effective overall tax rate(computed on tax on middle of income range) Over $ 792176 but not over $ 818582 $ 168337, plus 37.00% of excess over $ 792176 21.51% effective overall tax rate(computed on tax on middle of income range) Over $ 818582 but not over $ 844987 $ 178108, plus 38.00% of excess over $ 818582 22.02% effective overall tax rate(computed on tax on middle of income range) Over $ 844987 but not over $ 871393 $ 188142, plus 39.00% of excess over $ 844987 22.52% effective overall tax rate(computed on tax on middle of income range) Over $ 871393 but not over $ 897799 $ 198440, plus 40.00% of excess over $ 871393 23.03% effective overall tax rate(computed on tax on middle of income range) Over $ 897799 but not over $ 924205 $ 209002, plus 41.00% of excess over $ 897799 23.54% effective overall tax rate(computed on tax on middle of income range) Over $ 924205 but not over $ 950611 $ 219829, plus 42.00% of excess over $ 924205 24.04% effective overall tax rate(computed on tax on middle of income range) Over $ 950611 but not over $ 977017 $ 230919, plus 43.00% of excess over $ 950611 24.55% effective overall tax rate(computed on tax on middle of income range) Over $ 977017 but not over $1003423 $ 242274, plus 44.00% of excess over $ 977017 25.05% effective overall tax rate(computed on tax on middle of income range) Over $1003423 but not over $1029828 $ 253892, plus 45.00% of excess over $1003423 25.56% effective overall tax rate(computed on tax on middle of income range) Over $1029828 but not over $1056234 $ 265775, plus 46.00% of excess over $1029828 26.06% effective overall tax rate(computed on tax on middle of income range) Over $1056234 but not over $1082640 $ 277922, plus 47.00% of excess over $1056234 26.57% effective overall tax rate(computed on tax on middle of income range) Over $1082640 but not over $1109046 $ 290332, plus 48.00% of excess over $1082640 27.07% effective overall tax rate(computed on tax on middle of income range) Over $1109046 but not over $1135452 $ 303007, plus 49.00% of excess over $1109046 27.58% effective overall tax rate(computed on tax on middle of income range) Over $1135452 but not over $1161858 $ 315946, plus 50.00% of excess over $1135452 28.08% effective overall tax rate(computed on tax on middle of income range) Over $1161858 but not over $1188264 $ 329149, plus 51.00% of excess over $1161858 28.58% effective overall tax rate(computed on tax on middle of income range) Over $1188264 but not over $1214669 $ 342616, plus 52.00% of excess over $1188264 29.09% effective overall tax rate(computed on tax on middle of income range) Over $1214669 but not over $1241075 $ 356347, plus 53.00% of excess over $1214669 29.59% effective overall tax rate(computed on tax on middle of income range) Over $1241075 but not over $1267481 $ 370342, plus 54.00% of excess over $1241075 30.09% effective overall tax rate(computed on tax on middle of income range) Over $1267481 but not over $1293887 $ 384601, plus 55.00% of excess over $1267481 30.60% effective overall tax rate(computed on tax on middle of income range) Over $1293887 but not over $1320293 $ 399125, plus 56.00% of excess over $1293887 31.10% effective overall tax rate(computed on tax on middle of income range) Over $1320293 but not over $1980439 $ 413912, plus 60.00% of excess over $1320293 37.08% effective overall tax rate(computed on tax on middle of income range) Over $1980439 but not over $2640586 $ 810000, plus 64.00% of excess over $1980439 44.20% effective overall tax rate(computed on tax on middle of income range) Over $2640586 but not over $3960878 $1232493, plus 68.00% of excess over $2640586 50.94% effective overall tax rate(computed on tax on middle of income range) Over $3960878 but not over $6601464 $2130292, plus 71.00% of excess over $3960878 58.09% effective overall tax rate(computed on tax on middle of income range) Over $6601464 but not over $13202928 $4005108, plus 72.00% of excess over $6601464 64.45% effective overall tax rate(computed on tax on middle of income range) Over $13202928 ........................$8758162, plus 73.00% of excess over $13202928 66.33% <=> 73.00% effective overall tax rate as income goes to infinity
1921 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1921 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1921 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1921 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1921 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2000 11243 percentage of taxable income= 4.00% for tax year 1921 percentage of 1954 taxes 17.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2688 14134 percentage of taxable income= 4.48% for tax year 1921 percentage of 1954 taxes 19.01% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 3527 17134 percentage of taxable income= 5.04% for tax year 1921 percentage of 1954 taxes 20.59% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 4435 20523 percentage of taxable income= 5.54% for tax year 1921 percentage of 1954 taxes 21.61% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 5435 24009 percentage of taxable income= 6.04% for tax year 1921 percentage of 1954 taxes 22.64% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 6435 27809 percentage of taxable income= 6.44% for tax year 1921 percentage of 1954 taxes 23.14% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 12059 50400 percentage of taxable income= 8.04% for tax year 1921 percentage of 1954 taxes 23.93% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 18626 77586 percentage of taxable income= 9.31% for tax year 1921 percentage of 1954 taxes 24.01% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 26137 107734 percentage of taxable income= 10.45% for tax year 1921 percentage of 1954 taxes 24.26% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 34592 139299 percentage of taxable income= 11.53% for tax year 1921 percentage of 1954 taxes 24.83% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 43990 172445 percentage of taxable income= 12.57% for tax year 1921 percentage of 1954 taxes 25.51% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 54333 207348 percentage of taxable income= 13.58% for tax year 1921 percentage of 1954 taxes 26.20% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 65619 243670 percentage of taxable income= 14.58% for tax year 1921 percentage of 1954 taxes 26.93% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 77866 281170 percentage of taxable income= 15.57% for tax year 1921 percentage of 1954 taxes 27.69% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 105213 358356 percentage of taxable income= 17.54% for tax year 1921 percentage of 1954 taxes 29.36% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 136335 438906 percentage of taxable income= 19.48% for tax year 1921 percentage of 1954 taxes 31.06% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 171232 523100 percentage of taxable income= 21.40% for tax year 1921 percentage of 1954 taxes 32.73% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 209905 610528 percentage of taxable income= 23.32% for tax year 1921 percentage of 1954 taxes 34.38% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 252386 699528 percentage of taxable income= 25.24% for tax year 1921 percentage of 1954 taxes 36.08%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 6000 $ 160, plus 8.00% of excess over $ 4000 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 10000 $ 320, plus 9.00% of excess over $ 6000 6.25% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 680, plus 10.00% of excess over $ 10000 7.09% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 880, plus 11.00% of excess over $ 12000 7.62% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1100, plus 12.00% of excess over $ 14000 8.13% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1340, plus 13.00% of excess over $ 16000 8.65% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 1600, plus 14.00% of excess over $ 18000 9.16% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 1880, plus 16.00% of excess over $ 20000 9.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 2200, plus 17.00% of excess over $ 22000 10.30% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 26000 $ 2540, plus 18.00% of excess over $ 24000 10.88% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 28000 $ 2900, plus 19.00% of excess over $ 26000 11.44% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 30000 $ 3280, plus 20.00% of excess over $ 28000 12.00% effective overall tax rate(computed on tax on middle of income range) Over $ 30000 but not over $ 32000 $ 3680, plus 21.00% of excess over $ 30000 12.55% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 36000 $ 4100, plus 23.00% of excess over $ 32000 13.41% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 38000 $ 5020, plus 24.00% of excess over $ 36000 14.22% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 40000 $ 5500, plus 25.00% of excess over $ 38000 14.74% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 42000 $ 6000, plus 26.00% of excess over $ 40000 15.27% effective overall tax rate(computed on tax on middle of income range) Over $ 42000 but not over $ 44000 $ 6520, plus 27.00% of excess over $ 42000 15.79% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 46000 $ 7060, plus 28.00% of excess over $ 44000 16.31% effective overall tax rate(computed on tax on middle of income range) Over $ 46000 but not over $ 48000 $ 7620, plus 29.00% of excess over $ 46000 16.83% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 50000 $ 8200, plus 30.00% of excess over $ 48000 17.35% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 52000 $ 8800, plus 31.00% of excess over $ 50000 17.86% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 54000 $ 9420, plus 32.00% of excess over $ 52000 18.38% effective overall tax rate(computed on tax on middle of income range) Over $ 54000 but not over $ 56000 $ 10060, plus 33.00% of excess over $ 54000 18.89% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 58000 $ 10720, plus 34.00% of excess over $ 56000 19.40% effective overall tax rate(computed on tax on middle of income range) Over $ 58000 but not over $ 60000 $ 11400, plus 35.00% of excess over $ 58000 19.92% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 62000 $ 12100, plus 36.00% of excess over $ 60000 20.43% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 64000 $ 12820, plus 37.00% of excess over $ 62000 20.94% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 66000 $ 13560, plus 38.00% of excess over $ 64000 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 66000 but not over $ 68000 $ 14320, plus 39.00% of excess over $ 66000 21.96% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 70000 $ 15100, plus 40.00% of excess over $ 68000 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 72000 $ 15900, plus 41.00% of excess over $ 70000 22.97% effective overall tax rate(computed on tax on middle of income range) Over $ 72000 but not over $ 74000 $ 16720, plus 42.00% of excess over $ 72000 23.48% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 76000 $ 17560, plus 43.00% of excess over $ 74000 23.99% effective overall tax rate(computed on tax on middle of income range) Over $ 76000 but not over $ 78000 $ 18420, plus 44.00% of excess over $ 76000 24.49% effective overall tax rate(computed on tax on middle of income range) Over $ 78000 but not over $ 80000 $ 19300, plus 45.00% of excess over $ 78000 25.00% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 82000 $ 20200, plus 46.00% of excess over $ 80000 25.51% effective overall tax rate(computed on tax on middle of income range) Over $ 82000 but not over $ 84000 $ 21120, plus 47.00% of excess over $ 82000 26.01% effective overall tax rate(computed on tax on middle of income range) Over $ 84000 but not over $ 86000 $ 22060, plus 48.00% of excess over $ 84000 26.52% effective overall tax rate(computed on tax on middle of income range) Over $ 86000 but not over $ 88000 $ 23020, plus 49.00% of excess over $ 86000 27.02% effective overall tax rate(computed on tax on middle of income range) Over $ 88000 but not over $ 90000 $ 24000, plus 50.00% of excess over $ 88000 27.53% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 92000 $ 25000, plus 51.00% of excess over $ 90000 28.03% effective overall tax rate(computed on tax on middle of income range) Over $ 92000 but not over $ 94000 $ 26020, plus 52.00% of excess over $ 92000 28.54% effective overall tax rate(computed on tax on middle of income range) Over $ 94000 but not over $ 96000 $ 27060, plus 53.00% of excess over $ 94000 29.04% effective overall tax rate(computed on tax on middle of income range) Over $ 96000 but not over $ 98000 $ 28120, plus 54.00% of excess over $ 96000 29.55% effective overall tax rate(computed on tax on middle of income range) Over $ 98000 but not over $ 100000 $ 29200, plus 55.00% of excess over $ 98000 30.05% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 30300, plus 56.00% of excess over $ 100000 35.44% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 58300, plus 57.00% of excess over $ 150000 41.46% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 86800, plus 58.00% of excess over $ 200000 43.40% <=> 58.00% effective overall tax rate as income goes to infinity1922 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 14.067405754 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 56270 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 56270 but not over $ 84404 $ 2251, plus 8.00% of excess over $ 56270 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 84404 but not over $ 140674 $ 4502, plus 9.00% of excess over $ 84404 6.25% effective overall tax rate(computed on tax on middle of income range) Over $ 140674 but not over $ 168809 $ 9566, plus 10.00% of excess over $ 140674 7.09% effective overall tax rate(computed on tax on middle of income range) Over $ 168809 but not over $ 196944 $ 12379, plus 11.00% of excess over $ 168809 7.62% effective overall tax rate(computed on tax on middle of income range) Over $ 196944 but not over $ 225078 $ 15474, plus 12.00% of excess over $ 196944 8.13% effective overall tax rate(computed on tax on middle of income range) Over $ 225078 but not over $ 253213 $ 18850, plus 13.00% of excess over $ 225078 8.65% effective overall tax rate(computed on tax on middle of income range) Over $ 253213 but not over $ 281348 $ 22508, plus 14.00% of excess over $ 253213 9.16% effective overall tax rate(computed on tax on middle of income range) Over $ 281348 but not over $ 309483 $ 26447, plus 16.00% of excess over $ 281348 9.71% effective overall tax rate(computed on tax on middle of income range) Over $ 309483 but not over $ 337618 $ 30948, plus 17.00% of excess over $ 309483 10.30% effective overall tax rate(computed on tax on middle of income range) Over $ 337618 but not over $ 365753 $ 35731, plus 18.00% of excess over $ 337618 10.88% effective overall tax rate(computed on tax on middle of income range) Over $ 365753 but not over $ 393887 $ 40795, plus 19.00% of excess over $ 365753 11.44% effective overall tax rate(computed on tax on middle of income range) Over $ 393887 but not over $ 422022 $ 46141, plus 20.00% of excess over $ 393887 12.00% effective overall tax rate(computed on tax on middle of income range) Over $ 422022 but not over $ 450157 $ 51768, plus 21.00% of excess over $ 422022 12.55% effective overall tax rate(computed on tax on middle of income range) Over $ 450157 but not over $ 506427 $ 57676, plus 23.00% of excess over $ 450157 13.41% effective overall tax rate(computed on tax on middle of income range) Over $ 506427 but not over $ 534561 $ 70618, plus 24.00% of excess over $ 506427 14.22% effective overall tax rate(computed on tax on middle of income range) Over $ 534561 but not over $ 562696 $ 77371, plus 25.00% of excess over $ 534561 14.74% effective overall tax rate(computed on tax on middle of income range) Over $ 562696 but not over $ 590831 $ 84404, plus 26.00% of excess over $ 562696 15.27% effective overall tax rate(computed on tax on middle of income range) Over $ 590831 but not over $ 618966 $ 91719, plus 27.00% of excess over $ 590831 15.79% effective overall tax rate(computed on tax on middle of income range) Over $ 618966 but not over $ 647101 $ 99316, plus 28.00% of excess over $ 618966 16.31% effective overall tax rate(computed on tax on middle of income range) Over $ 647101 but not over $ 675235 $ 107194, plus 29.00% of excess over $ 647101 16.83% effective overall tax rate(computed on tax on middle of income range) Over $ 675235 but not over $ 703370 $ 115353, plus 30.00% of excess over $ 675235 17.35% effective overall tax rate(computed on tax on middle of income range) Over $ 703370 but not over $ 731505 $ 123793, plus 31.00% of excess over $ 703370 17.86% effective overall tax rate(computed on tax on middle of income range) Over $ 731505 but not over $ 759640 $ 132515, plus 32.00% of excess over $ 731505 18.38% effective overall tax rate(computed on tax on middle of income range) Over $ 759640 but not over $ 787775 $ 141518, plus 33.00% of excess over $ 759640 18.89% effective overall tax rate(computed on tax on middle of income range) Over $ 787775 but not over $ 815910 $ 150803, plus 34.00% of excess over $ 787775 19.40% effective overall tax rate(computed on tax on middle of income range) Over $ 815910 but not over $ 844044 $ 160368, plus 35.00% of excess over $ 815910 19.92% effective overall tax rate(computed on tax on middle of income range) Over $ 844044 but not over $ 872179 $ 170216, plus 36.00% of excess over $ 844044 20.43% effective overall tax rate(computed on tax on middle of income range) Over $ 872179 but not over $ 900314 $ 180344, plus 37.00% of excess over $ 872179 20.94% effective overall tax rate(computed on tax on middle of income range) Over $ 900314 but not over $ 928449 $ 190754, plus 38.00% of excess over $ 900314 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 928449 but not over $ 956584 $ 201445, plus 39.00% of excess over $ 928449 21.96% effective overall tax rate(computed on tax on middle of income range) Over $ 956584 but not over $ 984718 $ 212418, plus 40.00% of excess over $ 956584 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 984718 but not over $1012853 $ 223672, plus 41.00% of excess over $ 984718 22.97% effective overall tax rate(computed on tax on middle of income range) Over $1012853 but not over $1040988 $ 235207, plus 42.00% of excess over $1012853 23.48% effective overall tax rate(computed on tax on middle of income range) Over $1040988 but not over $1069123 $ 247024, plus 43.00% of excess over $1040988 23.99% effective overall tax rate(computed on tax on middle of income range) Over $1069123 but not over $1097258 $ 259122, plus 44.00% of excess over $1069123 24.49% effective overall tax rate(computed on tax on middle of income range) Over $1097258 but not over $1125392 $ 271501, plus 45.00% of excess over $1097258 25.00% effective overall tax rate(computed on tax on middle of income range) Over $1125392 but not over $1153527 $ 284162, plus 46.00% of excess over $1125392 25.51% effective overall tax rate(computed on tax on middle of income range) Over $1153527 but not over $1181662 $ 297104, plus 47.00% of excess over $1153527 26.01% effective overall tax rate(computed on tax on middle of income range) Over $1181662 but not over $1209797 $ 310327, plus 48.00% of excess over $1181662 26.52% effective overall tax rate(computed on tax on middle of income range) Over $1209797 but not over $1237932 $ 323832, plus 49.00% of excess over $1209797 27.02% effective overall tax rate(computed on tax on middle of income range) Over $1237932 but not over $1266067 $ 337618, plus 50.00% of excess over $1237932 27.53% effective overall tax rate(computed on tax on middle of income range) Over $1266067 but not over $1294201 $ 351685, plus 51.00% of excess over $1266067 28.03% effective overall tax rate(computed on tax on middle of income range) Over $1294201 but not over $1322336 $ 366034, plus 52.00% of excess over $1294201 28.54% effective overall tax rate(computed on tax on middle of income range) Over $1322336 but not over $1350471 $ 380664, plus 53.00% of excess over $1322336 29.04% effective overall tax rate(computed on tax on middle of income range) Over $1350471 but not over $1378606 $ 395575, plus 54.00% of excess over $1350471 29.55% effective overall tax rate(computed on tax on middle of income range) Over $1378606 but not over $1406741 $ 410768, plus 55.00% of excess over $1378606 30.05% effective overall tax rate(computed on tax on middle of income range) Over $1406741 but not over $2110111 $ 426242, plus 56.00% of excess over $1406741 35.44% effective overall tax rate(computed on tax on middle of income range) Over $2110111 but not over $2813481 $ 820130, plus 57.00% of excess over $2110111 41.46% effective overall tax rate(computed on tax on middle of income range) Over $2813481 ........................ $1221051, plus 58.00% of excess over $2813481 43.40% <=> 58.00% effective overall tax rate as income goes to infinity
1922 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1922 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1922 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1922 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1922 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2000 11243 percentage of taxable income= 4.00% for tax year 1922 percentage of 1954 taxes 17.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2549 14134 percentage of taxable income= 4.25% for tax year 1922 percentage of 1954 taxes 18.04% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 3349 17134 percentage of taxable income= 4.78% for tax year 1922 percentage of 1954 taxes 19.55% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 4149 20523 percentage of taxable income= 5.19% for tax year 1922 percentage of 1954 taxes 20.22% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 5005 24009 percentage of taxable income= 5.56% for tax year 1922 percentage of 1954 taxes 20.85% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 5905 27809 percentage of taxable income= 5.91% for tax year 1922 percentage of 1954 taxes 21.23% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 10498 50400 percentage of taxable income= 7.00% for tax year 1922 percentage of 1954 taxes 20.83% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 15841 77586 percentage of taxable income= 7.92% for tax year 1922 percentage of 1954 taxes 20.42% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 22090 107734 percentage of taxable income= 8.84% for tax year 1922 percentage of 1954 taxes 20.50% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 29431 139299 percentage of taxable income= 9.81% for tax year 1922 percentage of 1954 taxes 21.13% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 37960 172445 percentage of taxable income= 10.85% for tax year 1922 percentage of 1954 taxes 22.01% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 47364 207348 percentage of taxable income= 11.84% for tax year 1922 percentage of 1954 taxes 22.84% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 57643 243670 percentage of taxable income= 12.81% for tax year 1922 percentage of 1954 taxes 23.66% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 69140 281170 percentage of taxable income= 13.83% for tax year 1922 percentage of 1954 taxes 24.59% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 94195 358356 percentage of taxable income= 15.70% for tax year 1922 percentage of 1954 taxes 26.29% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 122782 438906 percentage of taxable income= 17.54% for tax year 1922 percentage of 1954 taxes 27.97% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 154959 523100 percentage of taxable income= 19.37% for tax year 1922 percentage of 1954 taxes 29.62% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 190638 610528 percentage of taxable income= 21.18% for tax year 1922 percentage of 1954 taxes 31.23% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 229937 699528 percentage of taxable income= 22.99% for tax year 1922 percentage of 1954 taxes 32.87%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 6000 $ 160, plus 8.00% of excess over $ 4000 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 10000 $ 320, plus 9.00% of excess over $ 6000 6.25% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 680, plus 10.00% of excess over $ 10000 7.09% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 880, plus 11.00% of excess over $ 12000 7.62% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1100, plus 12.00% of excess over $ 14000 8.13% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1340, plus 13.00% of excess over $ 16000 8.65% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 1600, plus 14.00% of excess over $ 18000 9.16% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 1880, plus 16.00% of excess over $ 20000 9.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 2200, plus 17.00% of excess over $ 22000 10.30% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 26000 $ 2540, plus 18.00% of excess over $ 24000 10.88% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 28000 $ 2900, plus 19.00% of excess over $ 26000 11.44% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 30000 $ 3280, plus 20.00% of excess over $ 28000 12.00% effective overall tax rate(computed on tax on middle of income range) Over $ 30000 but not over $ 32000 $ 3680, plus 21.00% of excess over $ 30000 12.55% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 36000 $ 4100, plus 23.00% of excess over $ 32000 13.41% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 38000 $ 5020, plus 24.00% of excess over $ 36000 14.22% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 40000 $ 5500, plus 25.00% of excess over $ 38000 14.74% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 42000 $ 6000, plus 26.00% of excess over $ 40000 15.27% effective overall tax rate(computed on tax on middle of income range) Over $ 42000 but not over $ 44000 $ 6520, plus 27.00% of excess over $ 42000 15.79% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 46000 $ 7060, plus 28.00% of excess over $ 44000 16.31% effective overall tax rate(computed on tax on middle of income range) Over $ 46000 but not over $ 48000 $ 7620, plus 29.00% of excess over $ 46000 16.83% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 50000 $ 8200, plus 30.00% of excess over $ 48000 17.35% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 52000 $ 8800, plus 31.00% of excess over $ 50000 17.86% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 54000 $ 9420, plus 32.00% of excess over $ 52000 18.38% effective overall tax rate(computed on tax on middle of income range) Over $ 54000 but not over $ 56000 $ 10060, plus 33.00% of excess over $ 54000 18.89% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 58000 $ 10720, plus 34.00% of excess over $ 56000 19.40% effective overall tax rate(computed on tax on middle of income range) Over $ 58000 but not over $ 60000 $ 11400, plus 35.00% of excess over $ 58000 19.92% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 62000 $ 12100, plus 36.00% of excess over $ 60000 20.43% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 64000 $ 12820, plus 37.00% of excess over $ 62000 20.94% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 66000 $ 13560, plus 38.00% of excess over $ 64000 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 66000 but not over $ 68000 $ 14320, plus 39.00% of excess over $ 66000 21.96% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 70000 $ 15100, plus 40.00% of excess over $ 68000 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 72000 $ 15900, plus 41.00% of excess over $ 70000 22.97% effective overall tax rate(computed on tax on middle of income range) Over $ 72000 but not over $ 74000 $ 16720, plus 42.00% of excess over $ 72000 23.48% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 76000 $ 17560, plus 43.00% of excess over $ 74000 23.99% effective overall tax rate(computed on tax on middle of income range) Over $ 76000 but not over $ 78000 $ 18420, plus 44.00% of excess over $ 76000 24.49% effective overall tax rate(computed on tax on middle of income range) Over $ 78000 but not over $ 80000 $ 19300, plus 45.00% of excess over $ 78000 25.00% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 82000 $ 20200, plus 46.00% of excess over $ 80000 25.51% effective overall tax rate(computed on tax on middle of income range) Over $ 82000 but not over $ 84000 $ 21120, plus 47.00% of excess over $ 82000 26.01% effective overall tax rate(computed on tax on middle of income range) Over $ 84000 but not over $ 86000 $ 22060, plus 48.00% of excess over $ 84000 26.52% effective overall tax rate(computed on tax on middle of income range) Over $ 86000 but not over $ 88000 $ 23020, plus 49.00% of excess over $ 86000 27.02% effective overall tax rate(computed on tax on middle of income range) Over $ 88000 but not over $ 90000 $ 24000, plus 50.00% of excess over $ 88000 27.53% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 92000 $ 25000, plus 51.00% of excess over $ 90000 28.03% effective overall tax rate(computed on tax on middle of income range) Over $ 92000 but not over $ 94000 $ 26020, plus 52.00% of excess over $ 92000 28.54% effective overall tax rate(computed on tax on middle of income range) Over $ 94000 but not over $ 96000 $ 27060, plus 53.00% of excess over $ 94000 29.04% effective overall tax rate(computed on tax on middle of income range) Over $ 96000 but not over $ 98000 $ 28120, plus 54.00% of excess over $ 96000 29.55% effective overall tax rate(computed on tax on middle of income range) Over $ 98000 but not over $ 100000 $ 29200, plus 55.00% of excess over $ 98000 30.05% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 30300, plus 56.00% of excess over $ 100000 35.44% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 58300, plus 57.00% of excess over $ 150000 41.46% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 86800, plus 58.00% of excess over $ 200000 43.40% <=> 58.00% effective overall tax rate as income goes to infinity1923 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 13.820609162 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 55282 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 55282 but not over $ 82924 $ 2211, plus 8.00% of excess over $ 55282 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 82924 but not over $ 138206 $ 4423, plus 9.00% of excess over $ 82924 6.25% effective overall tax rate(computed on tax on middle of income range) Over $ 138206 but not over $ 165847 $ 9398, plus 10.00% of excess over $ 138206 7.09% effective overall tax rate(computed on tax on middle of income range) Over $ 165847 but not over $ 193489 $ 12162, plus 11.00% of excess over $ 165847 7.62% effective overall tax rate(computed on tax on middle of income range) Over $ 193489 but not over $ 221130 $ 15203, plus 12.00% of excess over $ 193489 8.13% effective overall tax rate(computed on tax on middle of income range) Over $ 221130 but not over $ 248771 $ 18520, plus 13.00% of excess over $ 221130 8.65% effective overall tax rate(computed on tax on middle of income range) Over $ 248771 but not over $ 276412 $ 22113, plus 14.00% of excess over $ 248771 9.16% effective overall tax rate(computed on tax on middle of income range) Over $ 276412 but not over $ 304053 $ 25983, plus 16.00% of excess over $ 276412 9.71% effective overall tax rate(computed on tax on middle of income range) Over $ 304053 but not over $ 331695 $ 30405, plus 17.00% of excess over $ 304053 10.30% effective overall tax rate(computed on tax on middle of income range) Over $ 331695 but not over $ 359336 $ 35104, plus 18.00% of excess over $ 331695 10.88% effective overall tax rate(computed on tax on middle of income range) Over $ 359336 but not over $ 386977 $ 40080, plus 19.00% of excess over $ 359336 11.44% effective overall tax rate(computed on tax on middle of income range) Over $ 386977 but not over $ 414618 $ 45332, plus 20.00% of excess over $ 386977 12.00% effective overall tax rate(computed on tax on middle of income range) Over $ 414618 but not over $ 442259 $ 50860, plus 21.00% of excess over $ 414618 12.55% effective overall tax rate(computed on tax on middle of income range) Over $ 442259 but not over $ 497542 $ 56664, plus 23.00% of excess over $ 442259 13.41% effective overall tax rate(computed on tax on middle of income range) Over $ 497542 but not over $ 525183 $ 69379, plus 24.00% of excess over $ 497542 14.22% effective overall tax rate(computed on tax on middle of income range) Over $ 525183 but not over $ 552824 $ 76013, plus 25.00% of excess over $ 525183 14.74% effective overall tax rate(computed on tax on middle of income range) Over $ 552824 but not over $ 580466 $ 82924, plus 26.00% of excess over $ 552824 15.27% effective overall tax rate(computed on tax on middle of income range) Over $ 580466 but not over $ 608107 $ 90110, plus 27.00% of excess over $ 580466 15.79% effective overall tax rate(computed on tax on middle of income range) Over $ 608107 but not over $ 635748 $ 97574, plus 28.00% of excess over $ 608107 16.31% effective overall tax rate(computed on tax on middle of income range) Over $ 635748 but not over $ 663389 $ 105313, plus 29.00% of excess over $ 635748 16.83% effective overall tax rate(computed on tax on middle of income range) Over $ 663389 but not over $ 691030 $ 113329, plus 30.00% of excess over $ 663389 17.35% effective overall tax rate(computed on tax on middle of income range) Over $ 691030 but not over $ 718672 $ 121621, plus 31.00% of excess over $ 691030 17.86% effective overall tax rate(computed on tax on middle of income range) Over $ 718672 but not over $ 746313 $ 130190, plus 32.00% of excess over $ 718672 18.38% effective overall tax rate(computed on tax on middle of income range) Over $ 746313 but not over $ 773954 $ 139035, plus 33.00% of excess over $ 746313 18.89% effective overall tax rate(computed on tax on middle of income range) Over $ 773954 but not over $ 801595 $ 148157, plus 34.00% of excess over $ 773954 19.40% effective overall tax rate(computed on tax on middle of income range) Over $ 801595 but not over $ 829237 $ 157555, plus 35.00% of excess over $ 801595 19.92% effective overall tax rate(computed on tax on middle of income range) Over $ 829237 but not over $ 856878 $ 167229, plus 36.00% of excess over $ 829237 20.43% effective overall tax rate(computed on tax on middle of income range) Over $ 856878 but not over $ 884519 $ 177180, plus 37.00% of excess over $ 856878 20.94% effective overall tax rate(computed on tax on middle of income range) Over $ 884519 but not over $ 912160 $ 187407, plus 38.00% of excess over $ 884519 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 912160 but not over $ 939801 $ 197911, plus 39.00% of excess over $ 912160 21.96% effective overall tax rate(computed on tax on middle of income range) Over $ 939801 but not over $ 967443 $ 208691, plus 40.00% of excess over $ 939801 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 967443 but not over $ 995084 $ 219748, plus 41.00% of excess over $ 967443 22.97% effective overall tax rate(computed on tax on middle of income range) Over $ 995084 but not over $1022725 $ 231081, plus 42.00% of excess over $ 995084 23.48% effective overall tax rate(computed on tax on middle of income range) Over $1022725 but not over $1050366 $ 242690, plus 43.00% of excess over $1022725 23.99% effective overall tax rate(computed on tax on middle of income range) Over $1050366 but not over $1078008 $ 254576, plus 44.00% of excess over $1050366 24.49% effective overall tax rate(computed on tax on middle of income range) Over $1078008 but not over $1105649 $ 266738, plus 45.00% of excess over $1078008 25.00% effective overall tax rate(computed on tax on middle of income range) Over $1105649 but not over $1133290 $ 279176, plus 46.00% of excess over $1105649 25.51% effective overall tax rate(computed on tax on middle of income range) Over $1133290 but not over $1160931 $ 291891, plus 47.00% of excess over $1133290 26.01% effective overall tax rate(computed on tax on middle of income range) Over $1160931 but not over $1188572 $ 304883, plus 48.00% of excess over $1160931 26.52% effective overall tax rate(computed on tax on middle of income range) Over $1188572 but not over $1216214 $ 318150, plus 49.00% of excess over $1188572 27.02% effective overall tax rate(computed on tax on middle of income range) Over $1216214 but not over $1243855 $ 331695, plus 50.00% of excess over $1216214 27.53% effective overall tax rate(computed on tax on middle of income range) Over $1243855 but not over $1271496 $ 345515, plus 51.00% of excess over $1243855 28.03% effective overall tax rate(computed on tax on middle of income range) Over $1271496 but not over $1299137 $ 359612, plus 52.00% of excess over $1271496 28.54% effective overall tax rate(computed on tax on middle of income range) Over $1299137 but not over $1326778 $ 373986, plus 53.00% of excess over $1299137 29.04% effective overall tax rate(computed on tax on middle of income range) Over $1326778 but not over $1354420 $ 388636, plus 54.00% of excess over $1326778 29.55% effective overall tax rate(computed on tax on middle of income range) Over $1354420 but not over $1382061 $ 403562, plus 55.00% of excess over $1354420 30.05% effective overall tax rate(computed on tax on middle of income range) Over $1382061 but not over $2073091 $ 418764, plus 56.00% of excess over $1382061 35.44% effective overall tax rate(computed on tax on middle of income range) Over $2073091 but not over $2764122 $ 805742, plus 57.00% of excess over $2073091 41.46% effective overall tax rate(computed on tax on middle of income range) Over $2764122 ........................ $1199629, plus 58.00% of excess over $2764122 43.40% <=> 58.00% effective overall tax rate as income goes to infinity
1923 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1923 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1923 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1923 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1923 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2000 11243 percentage of taxable income= 4.00% for tax year 1923 percentage of 1954 taxes 17.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2589 14134 percentage of taxable income= 4.31% for tax year 1923 percentage of 1954 taxes 18.31% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 3389 17134 percentage of taxable income= 4.84% for tax year 1923 percentage of 1954 taxes 19.78% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 4189 20523 percentage of taxable income= 5.24% for tax year 1923 percentage of 1954 taxes 20.41% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 5059 24009 percentage of taxable income= 5.62% for tax year 1923 percentage of 1954 taxes 21.07% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 5959 27809 percentage of taxable income= 5.96% for tax year 1923 percentage of 1954 taxes 21.43% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 10577 50400 percentage of taxable income= 7.05% for tax year 1923 percentage of 1954 taxes 20.99% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 15984 77586 percentage of taxable income= 7.99% for tax year 1923 percentage of 1954 taxes 20.60% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 22285 107734 percentage of taxable income= 8.91% for tax year 1923 percentage of 1954 taxes 20.69% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 29757 139299 percentage of taxable income= 9.92% for tax year 1923 percentage of 1954 taxes 21.36% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 38399 172445 percentage of taxable income= 10.97% for tax year 1923 percentage of 1954 taxes 22.27% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 47936 207348 percentage of taxable income= 11.98% for tax year 1923 percentage of 1954 taxes 23.12% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 58445 243670 percentage of taxable income= 12.99% for tax year 1923 percentage of 1954 taxes 23.99% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 69969 281170 percentage of taxable income= 13.99% for tax year 1923 percentage of 1954 taxes 24.89% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 95385 358356 percentage of taxable income= 15.90% for tax year 1923 percentage of 1954 taxes 26.62% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 124402 438906 percentage of taxable income= 17.77% for tax year 1923 percentage of 1954 taxes 28.34% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 157013 523100 percentage of taxable income= 19.63% for tax year 1923 percentage of 1954 taxes 30.02% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 193290 610528 percentage of taxable income= 21.48% for tax year 1923 percentage of 1954 taxes 31.66% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 233145 699528 percentage of taxable income= 23.31% for tax year 1923 percentage of 1954 taxes 33.33%
Not over $ 4000 ................................... 2.00% of the taxable income 2.00% effective overall tax rate Over $ 4000 but not over $ 8000 $ 80, plus 4.00% of excess over $ 4000 2.67% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 240, plus 6.00% of excess over $ 8000 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 14000 $ 360, plus 7.00% of excess over $ 10000 4.17% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 640, plus 8.00% of excess over $ 14000 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 800, plus 9.00% of excess over $ 16000 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 980, plus 10.00% of excess over $ 18000 5.68% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 1180, plus 11.00% of excess over $ 20000 6.14% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 1400, plus 12.00% of excess over $ 22000 6.61% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 26000 $ 1640, plus 13.00% of excess over $ 24000 7.08% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 28000 $ 1900, plus 14.00% of excess over $ 26000 7.56% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 30000 $ 2180, plus 15.00% of excess over $ 28000 8.03% effective overall tax rate(computed on tax on middle of income range) Over $ 30000 but not over $ 34000 $ 2480, plus 16.00% of excess over $ 30000 8.75% effective overall tax rate(computed on tax on middle of income range) Over $ 34000 but not over $ 36000 $ 3120, plus 17.00% of excess over $ 34000 9.40% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 38000 $ 3460, plus 18.00% of excess over $ 36000 9.84% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 42000 $ 3820, plus 19.00% of excess over $ 38000 10.50% effective overall tax rate(computed on tax on middle of income range) Over $ 42000 but not over $ 44000 $ 4580, plus 20.00% of excess over $ 42000 11.12% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 46000 $ 4980, plus 21.00% of excess over $ 44000 11.53% effective overall tax rate(computed on tax on middle of income range) Over $ 46000 but not over $ 48000 $ 5400, plus 22.00% of excess over $ 46000 11.96% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 50000 $ 5840, plus 23.00% of excess over $ 48000 12.39% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 52000 $ 6300, plus 24.00% of excess over $ 50000 12.82% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 56000 $ 6780, plus 25.00% of excess over $ 52000 13.48% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 58000 $ 7780, plus 26.00% of excess over $ 56000 14.11% effective overall tax rate(computed on tax on middle of income range) Over $ 58000 but not over $ 62000 $ 8300, plus 27.00% of excess over $ 58000 14.73% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 64000 $ 9380, plus 28.00% of excess over $ 62000 15.33% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 66000 $ 9940, plus 29.00% of excess over $ 64000 15.74% effective overall tax rate(computed on tax on middle of income range) Over $ 66000 but not over $ 68000 $ 10520, plus 30.00% of excess over $ 66000 16.15% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 70000 $ 11120, plus 31.00% of excess over $ 68000 16.57% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 74000 $ 11740, plus 32.00% of excess over $ 70000 17.19% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 76000 $ 13020, plus 33.00% of excess over $ 74000 17.80% effective overall tax rate(computed on tax on middle of income range) Over $ 76000 but not over $ 80000 $ 13680, plus 34.00% of excess over $ 76000 18.41% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 82000 $ 15040, plus 35.00% of excess over $ 80000 19.00% effective overall tax rate(computed on tax on middle of income range) Over $ 82000 but not over $ 84000 $ 15740, plus 36.00% of excess over $ 82000 19.40% effective overall tax rate(computed on tax on middle of income range) Over $ 84000 but not over $ 88000 $ 16460, plus 37.00% of excess over $ 84000 20.00% effective overall tax rate(computed on tax on middle of income range) Over $ 88000 but not over $ 90000 $ 17940, plus 38.00% of excess over $ 88000 20.58% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 92000 $ 18700, plus 39.00% of excess over $ 90000 20.98% effective overall tax rate(computed on tax on middle of income range) Over $ 92000 but not over $ 94000 $ 19480, plus 40.00% of excess over $ 92000 21.38% effective overall tax rate(computed on tax on middle of income range) Over $ 94000 but not over $ 96000 $ 20280, plus 41.00% of excess over $ 94000 21.78% effective overall tax rate(computed on tax on middle of income range) Over $ 96000 but not over $ 100000 $ 21100, plus 42.00% of excess over $ 96000 22.39% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 200000 $ 22780, plus 43.00% of excess over $ 100000 29.52% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 300000 $ 65780, plus 44.00% of excess over $ 200000 35.11% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 500000 $ 109780, plus 45.00% of excess over $ 300000 38.70% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 ........................ $ 199780, plus 46.00% of excess over $ 500000 39.96% <=> 46.00% effective overall tax rate as income goes to infinity1924 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 13.820609162 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 55282 ................................... 2.00% of the taxable income 2.00% effective overall tax rate Over $ 55282 but not over $ 110565 $ 1106, plus 4.00% of excess over $ 55282 2.67% effective overall tax rate(computed on tax on middle of income range) Over $ 110565 but not over $ 138206 $ 3317, plus 6.00% of excess over $ 110565 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 138206 but not over $ 193489 $ 4975, plus 7.00% of excess over $ 138206 4.17% effective overall tax rate(computed on tax on middle of income range) Over $ 193489 but not over $ 221130 $ 8845, plus 8.00% of excess over $ 193489 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 221130 but not over $ 248771 $ 11056, plus 9.00% of excess over $ 221130 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 248771 but not over $ 276412 $ 13544, plus 10.00% of excess over $ 248771 5.68% effective overall tax rate(computed on tax on middle of income range) Over $ 276412 but not over $ 304053 $ 16308, plus 11.00% of excess over $ 276412 6.14% effective overall tax rate(computed on tax on middle of income range) Over $ 304053 but not over $ 331695 $ 19349, plus 12.00% of excess over $ 304053 6.61% effective overall tax rate(computed on tax on middle of income range) Over $ 331695 but not over $ 359336 $ 22666, plus 13.00% of excess over $ 331695 7.08% effective overall tax rate(computed on tax on middle of income range) Over $ 359336 but not over $ 386977 $ 26259, plus 14.00% of excess over $ 359336 7.56% effective overall tax rate(computed on tax on middle of income range) Over $ 386977 but not over $ 414618 $ 30129, plus 15.00% of excess over $ 386977 8.03% effective overall tax rate(computed on tax on middle of income range) Over $ 414618 but not over $ 469901 $ 34275, plus 16.00% of excess over $ 414618 8.75% effective overall tax rate(computed on tax on middle of income range) Over $ 469901 but not over $ 497542 $ 43120, plus 17.00% of excess over $ 469901 9.40% effective overall tax rate(computed on tax on middle of income range) Over $ 497542 but not over $ 525183 $ 47819, plus 18.00% of excess over $ 497542 9.84% effective overall tax rate(computed on tax on middle of income range) Over $ 525183 but not over $ 580466 $ 52795, plus 19.00% of excess over $ 525183 10.50% effective overall tax rate(computed on tax on middle of income range) Over $ 580466 but not over $ 608107 $ 63298, plus 20.00% of excess over $ 580466 11.12% effective overall tax rate(computed on tax on middle of income range) Over $ 608107 but not over $ 635748 $ 68827, plus 21.00% of excess over $ 608107 11.53% effective overall tax rate(computed on tax on middle of income range) Over $ 635748 but not over $ 663389 $ 74631, plus 22.00% of excess over $ 635748 11.96% effective overall tax rate(computed on tax on middle of income range) Over $ 663389 but not over $ 691030 $ 80712, plus 23.00% of excess over $ 663389 12.39% effective overall tax rate(computed on tax on middle of income range) Over $ 691030 but not over $ 718672 $ 87070, plus 24.00% of excess over $ 691030 12.82% effective overall tax rate(computed on tax on middle of income range) Over $ 718672 but not over $ 773954 $ 93704, plus 25.00% of excess over $ 718672 13.48% effective overall tax rate(computed on tax on middle of income range) Over $ 773954 but not over $ 801595 $ 107524, plus 26.00% of excess over $ 773954 14.11% effective overall tax rate(computed on tax on middle of income range) Over $ 801595 but not over $ 856878 $ 114711, plus 27.00% of excess over $ 801595 14.73% effective overall tax rate(computed on tax on middle of income range) Over $ 856878 but not over $ 884519 $ 129637, plus 28.00% of excess over $ 856878 15.33% effective overall tax rate(computed on tax on middle of income range) Over $ 884519 but not over $ 912160 $ 137377, plus 29.00% of excess over $ 884519 15.74% effective overall tax rate(computed on tax on middle of income range) Over $ 912160 but not over $ 939801 $ 145393, plus 30.00% of excess over $ 912160 16.15% effective overall tax rate(computed on tax on middle of income range) Over $ 939801 but not over $ 967443 $ 153685, plus 31.00% of excess over $ 939801 16.57% effective overall tax rate(computed on tax on middle of income range) Over $ 967443 but not over $1022725 $ 162254, plus 32.00% of excess over $ 967443 17.19% effective overall tax rate(computed on tax on middle of income range) Over $1022725 but not over $1050366 $ 179944, plus 33.00% of excess over $1022725 17.80% effective overall tax rate(computed on tax on middle of income range) Over $1050366 but not over $1105649 $ 189066, plus 34.00% of excess over $1050366 18.41% effective overall tax rate(computed on tax on middle of income range) Over $1105649 but not over $1133290 $ 207862, plus 35.00% of excess over $1105649 19.00% effective overall tax rate(computed on tax on middle of income range) Over $1133290 but not over $1160931 $ 217536, plus 36.00% of excess over $1133290 19.40% effective overall tax rate(computed on tax on middle of income range) Over $1160931 but not over $1216214 $ 227487, plus 37.00% of excess over $1160931 20.00% effective overall tax rate(computed on tax on middle of income range) Over $1216214 but not over $1243855 $ 247942, plus 38.00% of excess over $1216214 20.58% effective overall tax rate(computed on tax on middle of income range) Over $1243855 but not over $1271496 $ 258445, plus 39.00% of excess over $1243855 20.98% effective overall tax rate(computed on tax on middle of income range) Over $1271496 but not over $1299137 $ 269225, plus 40.00% of excess over $1271496 21.38% effective overall tax rate(computed on tax on middle of income range) Over $1299137 but not over $1326778 $ 280282, plus 41.00% of excess over $1299137 21.78% effective overall tax rate(computed on tax on middle of income range) Over $1326778 but not over $1382061 $ 291615, plus 42.00% of excess over $1326778 22.39% effective overall tax rate(computed on tax on middle of income range) Over $1382061 but not over $2764122 $ 314833, plus 43.00% of excess over $1382061 29.52% effective overall tax rate(computed on tax on middle of income range) Over $2764122 but not over $4146183 $ 909120, plus 44.00% of excess over $2764122 35.11% effective overall tax rate(computed on tax on middle of income range) Over $4146183 but not over $6910305 $1517226, plus 45.00% of excess over $4146183 38.70% effective overall tax rate(computed on tax on middle of income range) Over $6910305 ........................ $2761081, plus 46.00% of excess over $6910305 39.96% <=> 46.00% effective overall tax rate as income goes to infinity
1924 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 200 2000 percentage of taxable income= 2.00% for tax year 1924 percentage of 1954 taxes 10.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 400 4049 percentage of taxable income= 2.00% for tax year 1924 percentage of 1954 taxes 9.88% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 600 6249 percentage of taxable income= 2.00% for tax year 1924 percentage of 1954 taxes 9.60% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 800 8643 percentage of taxable income= 2.00% for tax year 1924 percentage of 1954 taxes 9.26% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 1000 11243 percentage of taxable income= 2.00% for tax year 1924 percentage of 1954 taxes 8.89% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 1294 14134 percentage of taxable income= 2.16% for tax year 1924 percentage of 1954 taxes 9.16% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 1694 17134 percentage of taxable income= 2.42% for tax year 1924 percentage of 1954 taxes 9.89% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 2094 20523 percentage of taxable income= 2.62% for tax year 1924 percentage of 1954 taxes 10.20% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 2494 24009 percentage of taxable income= 2.77% for tax year 1924 percentage of 1954 taxes 10.39% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 2894 27809 percentage of taxable income= 2.89% for tax year 1924 percentage of 1954 taxes 10.41% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 5801 50400 percentage of taxable income= 3.87% for tax year 1924 percentage of 1954 taxes 11.51% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 9366 77586 percentage of taxable income= 4.68% for tax year 1924 percentage of 1954 taxes 12.07% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 13667 107734 percentage of taxable income= 5.47% for tax year 1924 percentage of 1954 taxes 12.69% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 18903 139299 percentage of taxable income= 6.30% for tax year 1924 percentage of 1954 taxes 13.57% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 25045 172445 percentage of taxable income= 7.16% for tax year 1924 percentage of 1954 taxes 14.52% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 32082 207348 percentage of taxable income= 8.02% for tax year 1924 percentage of 1954 taxes 15.47% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 39936 243670 percentage of taxable income= 8.87% for tax year 1924 percentage of 1954 taxes 16.39% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 48262 281170 percentage of taxable income= 9.65% for tax year 1924 percentage of 1954 taxes 17.16% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 67205 358356 percentage of taxable income= 11.20% for tax year 1924 percentage of 1954 taxes 18.75% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 89223 438906 percentage of taxable income= 12.75% for tax year 1924 percentage of 1954 taxes 20.33% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 114296 523100 percentage of taxable income= 14.29% for tax year 1924 percentage of 1954 taxes 21.85% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 141866 610528 percentage of taxable income= 15.76% for tax year 1924 percentage of 1954 taxes 23.24% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 172672 699528 percentage of taxable income= 17.27% for tax year 1924 percentage of 1954 taxes 24.68%
Not over $ 4000 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 4000 but not over $ 8000 $ 60, plus 3.00% of excess over $ 4000 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 180, plus 5.00% of excess over $ 8000 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 14000 $ 280, plus 6.00% of excess over $ 10000 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 520, plus 7.00% of excess over $ 14000 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 660, plus 8.00% of excess over $ 16000 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 820, plus 9.00% of excess over $ 18000 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 1000, plus 10.00% of excess over $ 20000 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 1200, plus 11.00% of excess over $ 22000 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 28000 $ 1420, plus 12.00% of excess over $ 24000 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 32000 $ 1900, plus 13.00% of excess over $ 28000 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 36000 $ 2420, plus 14.00% of excess over $ 32000 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 40000 $ 2980, plus 15.00% of excess over $ 36000 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 44000 $ 3580, plus 16.00% of excess over $ 40000 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 48000 $ 4220, plus 17.00% of excess over $ 44000 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 52000 $ 4900, plus 18.00% of excess over $ 48000 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 56000 $ 5620, plus 19.00% of excess over $ 52000 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 60000 $ 6380, plus 20.00% of excess over $ 56000 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 64000 $ 7180, plus 21.00% of excess over $ 60000 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 70000 $ 8020, plus 22.00% of excess over $ 64000 12.96% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 9340, plus 23.00% of excess over $ 70000 13.99% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 100000 $ 11640, plus 24.00% of excess over $ 80000 15.60% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 16440, plus 25.00% of excess over $ 100000 16.44% <=> 25.00% effective overall tax rate as income goes to infinity1925 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 13.504709523 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 54019 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 54019 but not over $ 108038 $ 810, plus 3.00% of excess over $ 54019 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 108038 but not over $ 135047 $ 2431, plus 5.00% of excess over $ 108038 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 135047 but not over $ 189066 $ 3781, plus 6.00% of excess over $ 135047 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 189066 but not over $ 216075 $ 7022, plus 7.00% of excess over $ 189066 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 216075 but not over $ 243085 $ 8913, plus 8.00% of excess over $ 216075 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 243085 but not over $ 270094 $ 11074, plus 9.00% of excess over $ 243085 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 270094 but not over $ 297104 $ 13505, plus 10.00% of excess over $ 270094 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 297104 but not over $ 324113 $ 16206, plus 11.00% of excess over $ 297104 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 324113 but not over $ 378132 $ 19177, plus 12.00% of excess over $ 324113 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 378132 but not over $ 432151 $ 25659, plus 13.00% of excess over $ 378132 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 432151 but not over $ 486170 $ 32681, plus 14.00% of excess over $ 432151 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 486170 but not over $ 540188 $ 40244, plus 15.00% of excess over $ 486170 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 540188 but not over $ 594207 $ 48347, plus 16.00% of excess over $ 540188 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 594207 but not over $ 648226 $ 56990, plus 17.00% of excess over $ 594207 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 648226 but not over $ 702245 $ 66173, plus 18.00% of excess over $ 648226 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 702245 but not over $ 756264 $ 75896, plus 19.00% of excess over $ 702245 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 756264 but not over $ 810283 $ 86160, plus 20.00% of excess over $ 756264 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 810283 but not over $ 864301 $ 96964, plus 21.00% of excess over $ 810283 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 864301 but not over $ 945330 $ 108308, plus 22.00% of excess over $ 864301 12.96% effective overall tax rate(computed on tax on middle of income range) Over $ 945330 but not over $1080377 $ 126134, plus 23.00% of excess over $ 945330 13.99% effective overall tax rate(computed on tax on middle of income range) Over $1080377 but not over $1350471 $ 157195, plus 24.00% of excess over $1080377 15.60% effective overall tax rate(computed on tax on middle of income range) Over $1350471 ........................ $ 222017, plus 25.00% of excess over $1350471 16.44% <=> 25.00% effective overall tax rate as income goes to infinity
1925 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 150 2000 percentage of taxable income= 1.50% for tax year 1925 percentage of 1954 taxes 7.50% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 300 4049 percentage of taxable income= 1.50% for tax year 1925 percentage of 1954 taxes 7.41% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 450 6249 percentage of taxable income= 1.50% for tax year 1925 percentage of 1954 taxes 7.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 600 8643 percentage of taxable income= 1.50% for tax year 1925 percentage of 1954 taxes 6.94% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 750 11243 percentage of taxable income= 1.50% for tax year 1925 percentage of 1954 taxes 6.67% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 990 14134 percentage of taxable income= 1.65% for tax year 1925 percentage of 1954 taxes 7.00% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 1290 17134 percentage of taxable income= 1.84% for tax year 1925 percentage of 1954 taxes 7.53% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 1590 20523 percentage of taxable income= 1.99% for tax year 1925 percentage of 1954 taxes 7.75% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 1890 24009 percentage of taxable income= 2.10% for tax year 1925 percentage of 1954 taxes 7.87% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 2190 27809 percentage of taxable income= 2.19% for tax year 1925 percentage of 1954 taxes 7.87% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 4678 50400 percentage of taxable income= 3.12% for tax year 1925 percentage of 1954 taxes 9.28% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 7788 77586 percentage of taxable income= 3.89% for tax year 1925 percentage of 1954 taxes 10.04% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 11696 107734 percentage of taxable income= 4.68% for tax year 1925 percentage of 1954 taxes 10.86% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 16524 139299 percentage of taxable income= 5.51% for tax year 1925 percentage of 1954 taxes 11.86% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 22283 172445 percentage of taxable income= 6.37% for tax year 1925 percentage of 1954 taxes 12.92% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 28502 207348 percentage of taxable income= 7.13% for tax year 1925 percentage of 1954 taxes 13.75% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 35180 243670 percentage of taxable income= 7.82% for tax year 1925 percentage of 1954 taxes 14.44% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 42319 281170 percentage of taxable income= 8.46% for tax year 1925 percentage of 1954 taxes 15.05% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 57975 358356 percentage of taxable income= 9.66% for tax year 1925 percentage of 1954 taxes 16.18% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 75492 438906 percentage of taxable income= 10.78% for tax year 1925 percentage of 1954 taxes 17.20% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 94907 523100 percentage of taxable income= 11.86% for tax year 1925 percentage of 1954 taxes 18.14% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 116161 610528 percentage of taxable income= 12.91% for tax year 1925 percentage of 1954 taxes 19.03% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 138708 699528 percentage of taxable income= 13.87% for tax year 1925 percentage of 1954 taxes 19.83%
Not over $ 4000 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 4000 but not over $ 8000 $ 60, plus 3.00% of excess over $ 4000 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 180, plus 5.00% of excess over $ 8000 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 14000 $ 280, plus 6.00% of excess over $ 10000 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 520, plus 7.00% of excess over $ 14000 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 660, plus 8.00% of excess over $ 16000 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 820, plus 9.00% of excess over $ 18000 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 1000, plus 10.00% of excess over $ 20000 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 1200, plus 11.00% of excess over $ 22000 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 28000 $ 1420, plus 12.00% of excess over $ 24000 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 32000 $ 1900, plus 13.00% of excess over $ 28000 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 36000 $ 2420, plus 14.00% of excess over $ 32000 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 40000 $ 2980, plus 15.00% of excess over $ 36000 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 44000 $ 3580, plus 16.00% of excess over $ 40000 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 48000 $ 4220, plus 17.00% of excess over $ 44000 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 52000 $ 4900, plus 18.00% of excess over $ 48000 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 56000 $ 5620, plus 19.00% of excess over $ 52000 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 60000 $ 6380, plus 20.00% of excess over $ 56000 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 64000 $ 7180, plus 21.00% of excess over $ 60000 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 70000 $ 8020, plus 22.00% of excess over $ 64000 12.96% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 9340, plus 23.00% of excess over $ 70000 13.99% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 100000 $ 11640, plus 24.00% of excess over $ 80000 15.60% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 16440, plus 25.00% of excess over $ 100000 16.44% <=> 25.00% effective overall tax rate as income goes to infinity1926 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 13.352113936 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 53408 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 53408 but not over $ 106817 $ 801, plus 3.00% of excess over $ 53408 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 106817 but not over $ 133521 $ 2403, plus 5.00% of excess over $ 106817 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 133521 but not over $ 186930 $ 3739, plus 6.00% of excess over $ 133521 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 186930 but not over $ 213634 $ 6943, plus 7.00% of excess over $ 186930 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 213634 but not over $ 240338 $ 8812, plus 8.00% of excess over $ 213634 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 240338 but not over $ 267042 $ 10949, plus 9.00% of excess over $ 240338 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 267042 but not over $ 293747 $ 13352, plus 10.00% of excess over $ 267042 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 293747 but not over $ 320451 $ 16023, plus 11.00% of excess over $ 293747 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 320451 but not over $ 373859 $ 18960, plus 12.00% of excess over $ 320451 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 373859 but not over $ 427268 $ 25369, plus 13.00% of excess over $ 373859 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 427268 but not over $ 480676 $ 32312, plus 14.00% of excess over $ 427268 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 480676 but not over $ 534085 $ 39789, plus 15.00% of excess over $ 480676 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 534085 but not over $ 587493 $ 47801, plus 16.00% of excess over $ 534085 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 587493 but not over $ 640901 $ 56346, plus 17.00% of excess over $ 587493 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 640901 but not over $ 694310 $ 65425, plus 18.00% of excess over $ 640901 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 694310 but not over $ 747718 $ 75039, plus 19.00% of excess over $ 694310 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 747718 but not over $ 801127 $ 85186, plus 20.00% of excess over $ 747718 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 801127 but not over $ 854535 $ 95868, plus 21.00% of excess over $ 801127 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 854535 but not over $ 934648 $ 107084, plus 22.00% of excess over $ 854535 12.96% effective overall tax rate(computed on tax on middle of income range) Over $ 934648 but not over $1068169 $ 124709, plus 23.00% of excess over $ 934648 13.99% effective overall tax rate(computed on tax on middle of income range) Over $1068169 but not over $1335211 $ 155419, plus 24.00% of excess over $1068169 15.60% effective overall tax rate(computed on tax on middle of income range) Over $1335211 ........................ $ 219509, plus 25.00% of excess over $1335211 16.44% <=> 25.00% effective overall tax rate as income goes to infinity
1926 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 150 2000 percentage of taxable income= 1.50% for tax year 1926 percentage of 1954 taxes 7.50% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 300 4049 percentage of taxable income= 1.50% for tax year 1926 percentage of 1954 taxes 7.41% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 450 6249 percentage of taxable income= 1.50% for tax year 1926 percentage of 1954 taxes 7.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 600 8643 percentage of taxable income= 1.50% for tax year 1926 percentage of 1954 taxes 6.94% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 750 11243 percentage of taxable income= 1.50% for tax year 1926 percentage of 1954 taxes 6.67% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 999 14134 percentage of taxable income= 1.66% for tax year 1926 percentage of 1954 taxes 7.07% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 1299 17134 percentage of taxable income= 1.86% for tax year 1926 percentage of 1954 taxes 7.58% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 1599 20523 percentage of taxable income= 2.00% for tax year 1926 percentage of 1954 taxes 7.79% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 1899 24009 percentage of taxable income= 2.11% for tax year 1926 percentage of 1954 taxes 7.91% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 2199 27809 percentage of taxable income= 2.20% for tax year 1926 percentage of 1954 taxes 7.91% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 4727 50400 percentage of taxable income= 3.15% for tax year 1926 percentage of 1954 taxes 9.38% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 7858 77586 percentage of taxable income= 3.93% for tax year 1926 percentage of 1954 taxes 10.13% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 11818 107734 percentage of taxable income= 4.73% for tax year 1926 percentage of 1954 taxes 10.97% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 16710 139299 percentage of taxable income= 5.57% for tax year 1926 percentage of 1954 taxes 12.00% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 22506 172445 percentage of taxable income= 6.43% for tax year 1926 percentage of 1954 taxes 13.05% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 28767 207348 percentage of taxable income= 7.19% for tax year 1926 percentage of 1954 taxes 13.87% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 35495 243670 percentage of taxable income= 7.89% for tax year 1926 percentage of 1954 taxes 14.57% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 42688 281170 percentage of taxable income= 8.54% for tax year 1926 percentage of 1954 taxes 15.18% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 58472 358356 percentage of taxable income= 9.75% for tax year 1926 percentage of 1954 taxes 16.32% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 76120 438906 percentage of taxable income= 10.87% for tax year 1926 percentage of 1954 taxes 17.34% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 95643 523100 percentage of taxable income= 11.96% for tax year 1926 percentage of 1954 taxes 18.28% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 117086 610528 percentage of taxable income= 13.01% for tax year 1926 percentage of 1954 taxes 19.18% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 139740 699528 percentage of taxable income= 13.97% for tax year 1926 percentage of 1954 taxes 19.98%
Not over $ 4000 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 4000 but not over $ 8000 $ 60, plus 3.00% of excess over $ 4000 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 180, plus 5.00% of excess over $ 8000 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 14000 $ 280, plus 6.00% of excess over $ 10000 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 520, plus 7.00% of excess over $ 14000 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 660, plus 8.00% of excess over $ 16000 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 820, plus 9.00% of excess over $ 18000 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 1000, plus 10.00% of excess over $ 20000 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 1200, plus 11.00% of excess over $ 22000 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 28000 $ 1420, plus 12.00% of excess over $ 24000 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 32000 $ 1900, plus 13.00% of excess over $ 28000 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 36000 $ 2420, plus 14.00% of excess over $ 32000 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 40000 $ 2980, plus 15.00% of excess over $ 36000 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 44000 $ 3580, plus 16.00% of excess over $ 40000 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 48000 $ 4220, plus 17.00% of excess over $ 44000 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 52000 $ 4900, plus 18.00% of excess over $ 48000 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 56000 $ 5620, plus 19.00% of excess over $ 52000 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 60000 $ 6380, plus 20.00% of excess over $ 56000 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 64000 $ 7180, plus 21.00% of excess over $ 60000 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 70000 $ 8020, plus 22.00% of excess over $ 64000 12.96% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 9340, plus 23.00% of excess over $ 70000 13.99% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 100000 $ 11640, plus 24.00% of excess over $ 80000 15.60% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 16440, plus 25.00% of excess over $ 100000 16.44% <=> 25.00% effective overall tax rate as income goes to infinity1927 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 13.582322797 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 54329 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 54329 but not over $ 108659 $ 815, plus 3.00% of excess over $ 54329 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 108659 but not over $ 135823 $ 2445, plus 5.00% of excess over $ 108659 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 135823 but not over $ 190153 $ 3803, plus 6.00% of excess over $ 135823 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 190153 but not over $ 217317 $ 7063, plus 7.00% of excess over $ 190153 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 217317 but not over $ 244482 $ 8964, plus 8.00% of excess over $ 217317 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 244482 but not over $ 271646 $ 11138, plus 9.00% of excess over $ 244482 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 271646 but not over $ 298811 $ 13582, plus 10.00% of excess over $ 271646 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 298811 but not over $ 325976 $ 16299, plus 11.00% of excess over $ 298811 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 325976 but not over $ 380305 $ 19287, plus 12.00% of excess over $ 325976 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 380305 but not over $ 434634 $ 25806, plus 13.00% of excess over $ 380305 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 434634 but not over $ 488964 $ 32869, plus 14.00% of excess over $ 434634 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 488964 but not over $ 543293 $ 40475, plus 15.00% of excess over $ 488964 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 543293 but not over $ 597622 $ 48625, plus 16.00% of excess over $ 543293 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 597622 but not over $ 651951 $ 57317, plus 17.00% of excess over $ 597622 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 651951 but not over $ 706281 $ 66553, plus 18.00% of excess over $ 651951 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 706281 but not over $ 760610 $ 76333, plus 19.00% of excess over $ 706281 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 760610 but not over $ 814939 $ 86655, plus 20.00% of excess over $ 760610 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 814939 but not over $ 869269 $ 97521, plus 21.00% of excess over $ 814939 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 869269 but not over $ 950763 $ 108930, plus 22.00% of excess over $ 869269 12.96% effective overall tax rate(computed on tax on middle of income range) Over $ 950763 but not over $1086586 $ 126859, plus 23.00% of excess over $ 950763 13.99% effective overall tax rate(computed on tax on middle of income range) Over $1086586 but not over $1358232 $ 158098, plus 24.00% of excess over $1086586 15.60% effective overall tax rate(computed on tax on middle of income range) Over $1358232 ........................ $ 223293, plus 25.00% of excess over $1358232 16.44% <=> 25.00% effective overall tax rate as income goes to infinity
1927 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 150 2000 percentage of taxable income= 1.50% for tax year 1927 percentage of 1954 taxes 7.50% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 300 4049 percentage of taxable income= 1.50% for tax year 1927 percentage of 1954 taxes 7.41% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 450 6249 percentage of taxable income= 1.50% for tax year 1927 percentage of 1954 taxes 7.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 600 8643 percentage of taxable income= 1.50% for tax year 1927 percentage of 1954 taxes 6.94% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 750 11243 percentage of taxable income= 1.50% for tax year 1927 percentage of 1954 taxes 6.67% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 985 14134 percentage of taxable income= 1.64% for tax year 1927 percentage of 1954 taxes 6.97% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 1285 17134 percentage of taxable income= 1.84% for tax year 1927 percentage of 1954 taxes 7.50% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 1585 20523 percentage of taxable income= 1.98% for tax year 1927 percentage of 1954 taxes 7.72% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 1885 24009 percentage of taxable income= 2.09% for tax year 1927 percentage of 1954 taxes 7.85% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 2185 27809 percentage of taxable income= 2.19% for tax year 1927 percentage of 1954 taxes 7.86% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 4654 50400 percentage of taxable income= 3.10% for tax year 1927 percentage of 1954 taxes 9.23% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 7752 77586 percentage of taxable income= 3.88% for tax year 1927 percentage of 1954 taxes 9.99% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 11634 107734 percentage of taxable income= 4.65% for tax year 1927 percentage of 1954 taxes 10.80% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 16430 139299 percentage of taxable income= 5.48% for tax year 1927 percentage of 1954 taxes 11.79% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 22170 172445 percentage of taxable income= 6.33% for tax year 1927 percentage of 1954 taxes 12.86% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 28367 207348 percentage of taxable income= 7.09% for tax year 1927 percentage of 1954 taxes 13.68% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 35020 243670 percentage of taxable income= 7.78% for tax year 1927 percentage of 1954 taxes 14.37% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 42131 281170 percentage of taxable income= 8.43% for tax year 1927 percentage of 1954 taxes 14.98% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 57722 358356 percentage of taxable income= 9.62% for tax year 1927 percentage of 1954 taxes 16.11% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 75202 438906 percentage of taxable income= 10.74% for tax year 1927 percentage of 1954 taxes 17.13% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 94533 523100 percentage of taxable income= 11.82% for tax year 1927 percentage of 1954 taxes 18.07% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 115691 610528 percentage of taxable income= 12.85% for tax year 1927 percentage of 1954 taxes 18.95% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 138183 699528 percentage of taxable income= 13.82% for tax year 1927 percentage of 1954 taxes 19.75%
Not over $ 4000 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 4000 but not over $ 8000 $ 60, plus 3.00% of excess over $ 4000 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 180, plus 5.00% of excess over $ 8000 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 14000 $ 280, plus 6.00% of excess over $ 10000 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 520, plus 7.00% of excess over $ 14000 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 660, plus 8.00% of excess over $ 16000 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 820, plus 9.00% of excess over $ 18000 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 1000, plus 10.00% of excess over $ 20000 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 1200, plus 11.00% of excess over $ 22000 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 28000 $ 1420, plus 12.00% of excess over $ 24000 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 32000 $ 1900, plus 13.00% of excess over $ 28000 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 36000 $ 2420, plus 14.00% of excess over $ 32000 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 40000 $ 2980, plus 15.00% of excess over $ 36000 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 44000 $ 3580, plus 16.00% of excess over $ 40000 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 48000 $ 4220, plus 17.00% of excess over $ 44000 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 52000 $ 4900, plus 18.00% of excess over $ 48000 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 56000 $ 5620, plus 19.00% of excess over $ 52000 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 60000 $ 6380, plus 20.00% of excess over $ 56000 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 64000 $ 7180, plus 21.00% of excess over $ 60000 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 70000 $ 8020, plus 22.00% of excess over $ 64000 12.96% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 9340, plus 23.00% of excess over $ 70000 13.99% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 100000 $ 11640, plus 24.00% of excess over $ 80000 15.60% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 16440, plus 25.00% of excess over $ 100000 16.44% <=> 25.00% effective overall tax rate as income goes to infinity1928 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 13.820609162 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 55282 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 55282 but not over $ 110565 $ 829, plus 3.00% of excess over $ 55282 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 110565 but not over $ 138206 $ 2488, plus 5.00% of excess over $ 110565 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 138206 but not over $ 193489 $ 3870, plus 6.00% of excess over $ 138206 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 193489 but not over $ 221130 $ 7187, plus 7.00% of excess over $ 193489 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 221130 but not over $ 248771 $ 9122, plus 8.00% of excess over $ 221130 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 248771 but not over $ 276412 $ 11333, plus 9.00% of excess over $ 248771 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 276412 but not over $ 304053 $ 13821, plus 10.00% of excess over $ 276412 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 304053 but not over $ 331695 $ 16585, plus 11.00% of excess over $ 304053 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 331695 but not over $ 386977 $ 19625, plus 12.00% of excess over $ 331695 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 386977 but not over $ 442259 $ 26259, plus 13.00% of excess over $ 386977 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 442259 but not over $ 497542 $ 33446, plus 14.00% of excess over $ 442259 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 497542 but not over $ 552824 $ 41185, plus 15.00% of excess over $ 497542 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 552824 but not over $ 608107 $ 49478, plus 16.00% of excess over $ 552824 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 608107 but not over $ 663389 $ 58323, plus 17.00% of excess over $ 608107 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 663389 but not over $ 718672 $ 67721, plus 18.00% of excess over $ 663389 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 718672 but not over $ 773954 $ 77672, plus 19.00% of excess over $ 718672 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 773954 but not over $ 829237 $ 88175, plus 20.00% of excess over $ 773954 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 829237 but not over $ 884519 $ 99232, plus 21.00% of excess over $ 829237 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 884519 but not over $ 967443 $ 110841, plus 22.00% of excess over $ 884519 12.96% effective overall tax rate(computed on tax on middle of income range) Over $ 967443 but not over $1105649 $ 129084, plus 23.00% of excess over $ 967443 13.99% effective overall tax rate(computed on tax on middle of income range) Over $1105649 but not over $1382061 $ 160872, plus 24.00% of excess over $1105649 15.60% effective overall tax rate(computed on tax on middle of income range) Over $1382061 ........................ $ 227211, plus 25.00% of excess over $1382061 16.44% <=> 25.00% effective overall tax rate as income goes to infinity
1928 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 150 2000 percentage of taxable income= 1.50% for tax year 1928 percentage of 1954 taxes 7.50% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 300 4049 percentage of taxable income= 1.50% for tax year 1928 percentage of 1954 taxes 7.41% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 450 6249 percentage of taxable income= 1.50% for tax year 1928 percentage of 1954 taxes 7.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 600 8643 percentage of taxable income= 1.50% for tax year 1928 percentage of 1954 taxes 6.94% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 750 11243 percentage of taxable income= 1.50% for tax year 1928 percentage of 1954 taxes 6.67% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 971 14134 percentage of taxable income= 1.62% for tax year 1928 percentage of 1954 taxes 6.87% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 1271 17134 percentage of taxable income= 1.82% for tax year 1928 percentage of 1954 taxes 7.42% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 1571 20523 percentage of taxable income= 1.96% for tax year 1928 percentage of 1954 taxes 7.65% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 1871 24009 percentage of taxable income= 2.08% for tax year 1928 percentage of 1954 taxes 7.79% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 2171 27809 percentage of taxable income= 2.17% for tax year 1928 percentage of 1954 taxes 7.81% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 4577 50400 percentage of taxable income= 3.05% for tax year 1928 percentage of 1954 taxes 9.08% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 7643 77586 percentage of taxable income= 3.82% for tax year 1928 percentage of 1954 taxes 9.85% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 11444 107734 percentage of taxable income= 4.58% for tax year 1928 percentage of 1954 taxes 10.62% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 16179 139299 percentage of taxable income= 5.39% for tax year 1928 percentage of 1954 taxes 11.61% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 21822 172445 percentage of taxable income= 6.23% for tax year 1928 percentage of 1954 taxes 12.65% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 27952 207348 percentage of taxable income= 6.99% for tax year 1928 percentage of 1954 taxes 13.48% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 34530 243670 percentage of taxable income= 7.67% for tax year 1928 percentage of 1954 taxes 14.17% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 41554 281170 percentage of taxable income= 8.31% for tax year 1928 percentage of 1954 taxes 14.78% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 57026 358356 percentage of taxable income= 9.50% for tax year 1928 percentage of 1954 taxes 15.91% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 74311 438906 percentage of taxable income= 10.62% for tax year 1928 percentage of 1954 taxes 16.93% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 93385 523100 percentage of taxable income= 11.67% for tax year 1928 percentage of 1954 taxes 17.85% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 114247 610528 percentage of taxable income= 12.69% for tax year 1928 percentage of 1954 taxes 18.71% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 136573 699528 percentage of taxable income= 13.66% for tax year 1928 percentage of 1954 taxes 19.52%
Not over $ 4000 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 4000 but not over $ 8000 $ 60, plus 3.00% of excess over $ 4000 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 180, plus 5.00% of excess over $ 8000 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 14000 $ 280, plus 6.00% of excess over $ 10000 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 520, plus 7.00% of excess over $ 14000 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 660, plus 8.00% of excess over $ 16000 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 820, plus 9.00% of excess over $ 18000 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 1000, plus 10.00% of excess over $ 20000 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 1200, plus 11.00% of excess over $ 22000 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 28000 $ 1420, plus 12.00% of excess over $ 24000 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 32000 $ 1900, plus 13.00% of excess over $ 28000 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 36000 $ 2420, plus 14.00% of excess over $ 32000 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 40000 $ 2980, plus 15.00% of excess over $ 36000 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 44000 $ 3580, plus 16.00% of excess over $ 40000 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 48000 $ 4220, plus 17.00% of excess over $ 44000 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 52000 $ 4900, plus 18.00% of excess over $ 48000 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 56000 $ 5620, plus 19.00% of excess over $ 52000 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 60000 $ 6380, plus 20.00% of excess over $ 56000 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 64000 $ 7180, plus 21.00% of excess over $ 60000 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 70000 $ 8020, plus 22.00% of excess over $ 64000 12.96% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 9340, plus 23.00% of excess over $ 70000 13.99% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 100000 $ 11640, plus 24.00% of excess over $ 80000 15.60% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 16440, plus 25.00% of excess over $ 100000 16.44% <=> 25.00% effective overall tax rate as income goes to infinity1929 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 13.820609162 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 55282 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 55282 but not over $ 110565 $ 829, plus 3.00% of excess over $ 55282 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 110565 but not over $ 138206 $ 2488, plus 5.00% of excess over $ 110565 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 138206 but not over $ 193489 $ 3870, plus 6.00% of excess over $ 138206 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 193489 but not over $ 221130 $ 7187, plus 7.00% of excess over $ 193489 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 221130 but not over $ 248771 $ 9122, plus 8.00% of excess over $ 221130 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 248771 but not over $ 276412 $ 11333, plus 9.00% of excess over $ 248771 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 276412 but not over $ 304053 $ 13821, plus 10.00% of excess over $ 276412 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 304053 but not over $ 331695 $ 16585, plus 11.00% of excess over $ 304053 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 331695 but not over $ 386977 $ 19625, plus 12.00% of excess over $ 331695 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 386977 but not over $ 442259 $ 26259, plus 13.00% of excess over $ 386977 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 442259 but not over $ 497542 $ 33446, plus 14.00% of excess over $ 442259 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 497542 but not over $ 552824 $ 41185, plus 15.00% of excess over $ 497542 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 552824 but not over $ 608107 $ 49478, plus 16.00% of excess over $ 552824 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 608107 but not over $ 663389 $ 58323, plus 17.00% of excess over $ 608107 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 663389 but not over $ 718672 $ 67721, plus 18.00% of excess over $ 663389 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 718672 but not over $ 773954 $ 77672, plus 19.00% of excess over $ 718672 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 773954 but not over $ 829237 $ 88175, plus 20.00% of excess over $ 773954 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 829237 but not over $ 884519 $ 99232, plus 21.00% of excess over $ 829237 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 884519 but not over $ 967443 $ 110841, plus 22.00% of excess over $ 884519 12.96% effective overall tax rate(computed on tax on middle of income range) Over $ 967443 but not over $1105649 $ 129084, plus 23.00% of excess over $ 967443 13.99% effective overall tax rate(computed on tax on middle of income range) Over $1105649 but not over $1382061 $ 160872, plus 24.00% of excess over $1105649 15.60% effective overall tax rate(computed on tax on middle of income range) Over $1382061 ........................ $ 227211, plus 25.00% of excess over $1382061 16.44% <=> 25.00% effective overall tax rate as income goes to infinity
1929 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 150 2000 percentage of taxable income= 1.50% for tax year 1929 percentage of 1954 taxes 7.50% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 300 4049 percentage of taxable income= 1.50% for tax year 1929 percentage of 1954 taxes 7.41% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 450 6249 percentage of taxable income= 1.50% for tax year 1929 percentage of 1954 taxes 7.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 600 8643 percentage of taxable income= 1.50% for tax year 1929 percentage of 1954 taxes 6.94% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 750 11243 percentage of taxable income= 1.50% for tax year 1929 percentage of 1954 taxes 6.67% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 971 14134 percentage of taxable income= 1.62% for tax year 1929 percentage of 1954 taxes 6.87% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 1271 17134 percentage of taxable income= 1.82% for tax year 1929 percentage of 1954 taxes 7.42% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 1571 20523 percentage of taxable income= 1.96% for tax year 1929 percentage of 1954 taxes 7.65% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 1871 24009 percentage of taxable income= 2.08% for tax year 1929 percentage of 1954 taxes 7.79% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 2171 27809 percentage of taxable income= 2.17% for tax year 1929 percentage of 1954 taxes 7.81% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 4577 50400 percentage of taxable income= 3.05% for tax year 1929 percentage of 1954 taxes 9.08% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 7643 77586 percentage of taxable income= 3.82% for tax year 1929 percentage of 1954 taxes 9.85% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 11444 107734 percentage of taxable income= 4.58% for tax year 1929 percentage of 1954 taxes 10.62% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 16179 139299 percentage of taxable income= 5.39% for tax year 1929 percentage of 1954 taxes 11.61% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 21822 172445 percentage of taxable income= 6.23% for tax year 1929 percentage of 1954 taxes 12.65% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 27952 207348 percentage of taxable income= 6.99% for tax year 1929 percentage of 1954 taxes 13.48% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 34530 243670 percentage of taxable income= 7.67% for tax year 1929 percentage of 1954 taxes 14.17% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 41554 281170 percentage of taxable income= 8.31% for tax year 1929 percentage of 1954 taxes 14.78% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 57026 358356 percentage of taxable income= 9.50% for tax year 1929 percentage of 1954 taxes 15.91% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 74311 438906 percentage of taxable income= 10.62% for tax year 1929 percentage of 1954 taxes 16.93% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 93385 523100 percentage of taxable income= 11.67% for tax year 1929 percentage of 1954 taxes 17.85% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 114247 610528 percentage of taxable income= 12.69% for tax year 1929 percentage of 1954 taxes 18.71% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 136573 699528 percentage of taxable income= 13.66% for tax year 1929 percentage of 1954 taxes 19.52%
Not over $ 4000 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 4000 but not over $ 8000 $ 60, plus 3.00% of excess over $ 4000 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 180, plus 5.00% of excess over $ 8000 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 14000 $ 280, plus 6.00% of excess over $ 10000 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 520, plus 7.00% of excess over $ 14000 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 660, plus 8.00% of excess over $ 16000 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 820, plus 9.00% of excess over $ 18000 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 1000, plus 10.00% of excess over $ 20000 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 1200, plus 11.00% of excess over $ 22000 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 28000 $ 1420, plus 12.00% of excess over $ 24000 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 32000 $ 1900, plus 13.00% of excess over $ 28000 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 36000 $ 2420, plus 14.00% of excess over $ 32000 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 40000 $ 2980, plus 15.00% of excess over $ 36000 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 44000 $ 3580, plus 16.00% of excess over $ 40000 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 48000 $ 4220, plus 17.00% of excess over $ 44000 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 52000 $ 4900, plus 18.00% of excess over $ 48000 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 56000 $ 5620, plus 19.00% of excess over $ 52000 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 60000 $ 6380, plus 20.00% of excess over $ 56000 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 64000 $ 7180, plus 21.00% of excess over $ 60000 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 70000 $ 8020, plus 22.00% of excess over $ 64000 12.96% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 9340, plus 23.00% of excess over $ 70000 13.99% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 100000 $ 11640, plus 24.00% of excess over $ 80000 15.60% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 16440, plus 25.00% of excess over $ 100000 16.44% <=> 25.00% effective overall tax rate as income goes to infinity1930 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 14.151641717 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 56607 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 56607 but not over $ 113213 $ 849, plus 3.00% of excess over $ 56607 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 113213 but not over $ 141516 $ 2547, plus 5.00% of excess over $ 113213 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 141516 but not over $ 198123 $ 3962, plus 6.00% of excess over $ 141516 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 198123 but not over $ 226426 $ 7359, plus 7.00% of excess over $ 198123 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 226426 but not over $ 254730 $ 9340, plus 8.00% of excess over $ 226426 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 254730 but not over $ 283033 $ 11604, plus 9.00% of excess over $ 254730 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 283033 but not over $ 311336 $ 14152, plus 10.00% of excess over $ 283033 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 311336 but not over $ 339639 $ 16982, plus 11.00% of excess over $ 311336 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 339639 but not over $ 396246 $ 20095, plus 12.00% of excess over $ 339639 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 396246 but not over $ 452853 $ 26888, plus 13.00% of excess over $ 396246 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 452853 but not over $ 509459 $ 34247, plus 14.00% of excess over $ 452853 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 509459 but not over $ 566066 $ 42172, plus 15.00% of excess over $ 509459 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 566066 but not over $ 622672 $ 50663, plus 16.00% of excess over $ 566066 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 622672 but not over $ 679279 $ 59720, plus 17.00% of excess over $ 622672 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 679279 but not over $ 735885 $ 69343, plus 18.00% of excess over $ 679279 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 735885 but not over $ 792492 $ 79532, plus 19.00% of excess over $ 735885 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 792492 but not over $ 849099 $ 90287, plus 20.00% of excess over $ 792492 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 849099 but not over $ 905705 $ 101609, plus 21.00% of excess over $ 849099 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 905705 but not over $ 990615 $ 113496, plus 22.00% of excess over $ 905705 12.96% effective overall tax rate(computed on tax on middle of income range) Over $ 990615 but not over $1132131 $ 132176, plus 23.00% of excess over $ 990615 13.99% effective overall tax rate(computed on tax on middle of income range) Over $1132131 but not over $1415164 $ 164725, plus 24.00% of excess over $1132131 15.60% effective overall tax rate(computed on tax on middle of income range) Over $1415164 ........................ $ 232653, plus 25.00% of excess over $1415164 16.44% <=> 25.00% effective overall tax rate as income goes to infinity
1930 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 150 2000 percentage of taxable income= 1.50% for tax year 1930 percentage of 1954 taxes 7.50% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 300 4049 percentage of taxable income= 1.50% for tax year 1930 percentage of 1954 taxes 7.41% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 450 6249 percentage of taxable income= 1.50% for tax year 1930 percentage of 1954 taxes 7.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 600 8643 percentage of taxable income= 1.50% for tax year 1930 percentage of 1954 taxes 6.94% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 750 11243 percentage of taxable income= 1.50% for tax year 1930 percentage of 1954 taxes 6.67% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 951 14134 percentage of taxable income= 1.58% for tax year 1930 percentage of 1954 taxes 6.73% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 1251 17134 percentage of taxable income= 1.79% for tax year 1930 percentage of 1954 taxes 7.30% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 1551 20523 percentage of taxable income= 1.94% for tax year 1930 percentage of 1954 taxes 7.56% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 1851 24009 percentage of taxable income= 2.06% for tax year 1930 percentage of 1954 taxes 7.71% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 2151 27809 percentage of taxable income= 2.15% for tax year 1930 percentage of 1954 taxes 7.73% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 4471 50400 percentage of taxable income= 2.98% for tax year 1930 percentage of 1954 taxes 8.87% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 7490 77586 percentage of taxable income= 3.75% for tax year 1930 percentage of 1954 taxes 9.65% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 11226 107734 percentage of taxable income= 4.49% for tax year 1930 percentage of 1954 taxes 10.42% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 15848 139299 percentage of taxable income= 5.28% for tax year 1930 percentage of 1954 taxes 11.38% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 21339 172445 percentage of taxable income= 6.10% for tax year 1930 percentage of 1954 taxes 12.37% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 27376 207348 percentage of taxable income= 6.84% for tax year 1930 percentage of 1954 taxes 13.20% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 33876 243670 percentage of taxable income= 7.53% for tax year 1930 percentage of 1954 taxes 13.90% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 40848 281170 percentage of taxable income= 8.17% for tax year 1930 percentage of 1954 taxes 14.53% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 56092 358356 percentage of taxable income= 9.35% for tax year 1930 percentage of 1954 taxes 15.65% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 73073 438906 percentage of taxable income= 10.44% for tax year 1930 percentage of 1954 taxes 16.65% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 91789 523100 percentage of taxable income= 11.47% for tax year 1930 percentage of 1954 taxes 17.55% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 112298 610528 percentage of taxable income= 12.48% for tax year 1930 percentage of 1954 taxes 18.39% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 134335 699528 percentage of taxable income= 13.43% for tax year 1930 percentage of 1954 taxes 19.20%
Not over $ 4000 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 4000 but not over $ 8000 $ 60, plus 3.00% of excess over $ 4000 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 180, plus 5.00% of excess over $ 8000 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 14000 $ 280, plus 6.00% of excess over $ 10000 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 520, plus 7.00% of excess over $ 14000 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 660, plus 8.00% of excess over $ 16000 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 820, plus 9.00% of excess over $ 18000 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 1000, plus 10.00% of excess over $ 20000 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 1200, plus 11.00% of excess over $ 22000 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 28000 $ 1420, plus 12.00% of excess over $ 24000 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 32000 $ 1900, plus 13.00% of excess over $ 28000 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 36000 $ 2420, plus 14.00% of excess over $ 32000 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 40000 $ 2980, plus 15.00% of excess over $ 36000 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 44000 $ 3580, plus 16.00% of excess over $ 40000 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 48000 $ 4220, plus 17.00% of excess over $ 44000 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 52000 $ 4900, plus 18.00% of excess over $ 48000 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 56000 $ 5620, plus 19.00% of excess over $ 52000 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 60000 $ 6380, plus 20.00% of excess over $ 56000 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 64000 $ 7180, plus 21.00% of excess over $ 60000 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 70000 $ 8020, plus 22.00% of excess over $ 64000 12.96% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 9340, plus 23.00% of excess over $ 70000 13.99% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 100000 $ 11640, plus 24.00% of excess over $ 80000 15.60% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 16440, plus 25.00% of excess over $ 100000 16.44% <=> 25.00% effective overall tax rate as income goes to infinity1931 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 15.548185307 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 62193 ................................... 1.50% of the taxable income 1.50% effective overall tax rate Over $ 62193 but not over $ 124385 $ 933, plus 3.00% of excess over $ 62193 2.00% effective overall tax rate(computed on tax on middle of income range) Over $ 124385 but not over $ 155482 $ 2799, plus 5.00% of excess over $ 124385 2.56% effective overall tax rate(computed on tax on middle of income range) Over $ 155482 but not over $ 217675 $ 4353, plus 6.00% of excess over $ 155482 3.33% effective overall tax rate(computed on tax on middle of income range) Over $ 217675 but not over $ 248771 $ 8085, plus 7.00% of excess over $ 217675 3.93% effective overall tax rate(computed on tax on middle of income range) Over $ 248771 but not over $ 279867 $ 10262, plus 8.00% of excess over $ 248771 4.35% effective overall tax rate(computed on tax on middle of income range) Over $ 279867 but not over $ 310964 $ 12750, plus 9.00% of excess over $ 279867 4.79% effective overall tax rate(computed on tax on middle of income range) Over $ 310964 but not over $ 342060 $ 15548, plus 10.00% of excess over $ 310964 5.24% effective overall tax rate(computed on tax on middle of income range) Over $ 342060 but not over $ 373156 $ 18658, plus 11.00% of excess over $ 342060 5.70% effective overall tax rate(computed on tax on middle of income range) Over $ 373156 but not over $ 435349 $ 22078, plus 12.00% of excess over $ 373156 6.38% effective overall tax rate(computed on tax on middle of income range) Over $ 435349 but not over $ 497542 $ 29542, plus 13.00% of excess over $ 435349 7.20% effective overall tax rate(computed on tax on middle of income range) Over $ 497542 but not over $ 559735 $ 37627, plus 14.00% of excess over $ 497542 7.94% effective overall tax rate(computed on tax on middle of income range) Over $ 559735 but not over $ 621927 $ 46334, plus 15.00% of excess over $ 559735 8.63% effective overall tax rate(computed on tax on middle of income range) Over $ 621927 but not over $ 684120 $ 55663, plus 16.00% of excess over $ 621927 9.29% effective overall tax rate(computed on tax on middle of income range) Over $ 684120 but not over $ 746313 $ 65613, plus 17.00% of excess over $ 684120 9.91% effective overall tax rate(computed on tax on middle of income range) Over $ 746313 but not over $ 808506 $ 76186, plus 18.00% of excess over $ 746313 10.52% effective overall tax rate(computed on tax on middle of income range) Over $ 808506 but not over $ 870698 $ 87381, plus 19.00% of excess over $ 808506 11.11% effective overall tax rate(computed on tax on middle of income range) Over $ 870698 but not over $ 932891 $ 99197, plus 20.00% of excess over $ 870698 11.69% effective overall tax rate(computed on tax on middle of income range) Over $ 932891 but not over $ 995084 $ 111636, plus 21.00% of excess over $ 932891 12.26% effective overall tax rate(computed on tax on middle of income range) Over $ 995084 but not over $1088373 $ 124696, plus 22.00% of excess over $ 995084 12.96% effective overall tax rate(computed on tax on middle of income range) Over $1088373 but not over $1243855 $ 145220, plus 23.00% of excess over $1088373 13.99% effective overall tax rate(computed on tax on middle of income range) Over $1243855 but not over $1554819 $ 180981, plus 24.00% of excess over $1243855 15.60% effective overall tax rate(computed on tax on middle of income range) Over $1554819 ........................ $ 255612, plus 25.00% of excess over $1554819 16.44% <=> 25.00% effective overall tax rate as income goes to infinity
1931 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 150 2000 percentage of taxable income= 1.50% for tax year 1931 percentage of 1954 taxes 7.50% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 300 4049 percentage of taxable income= 1.50% for tax year 1931 percentage of 1954 taxes 7.41% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 450 6249 percentage of taxable income= 1.50% for tax year 1931 percentage of 1954 taxes 7.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 600 8643 percentage of taxable income= 1.50% for tax year 1931 percentage of 1954 taxes 6.94% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 750 11243 percentage of taxable income= 1.50% for tax year 1931 percentage of 1954 taxes 6.67% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 900 14134 percentage of taxable income= 1.50% for tax year 1931 percentage of 1954 taxes 6.37% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 1167 17134 percentage of taxable income= 1.67% for tax year 1931 percentage of 1954 taxes 6.81% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 1467 20523 percentage of taxable income= 1.83% for tax year 1931 percentage of 1954 taxes 7.15% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 1767 24009 percentage of taxable income= 1.96% for tax year 1931 percentage of 1954 taxes 7.36% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 2067 27809 percentage of taxable income= 2.07% for tax year 1931 percentage of 1954 taxes 7.43% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 4079 50400 percentage of taxable income= 2.72% for tax year 1931 percentage of 1954 taxes 8.09% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 7025 77586 percentage of taxable income= 3.51% for tax year 1931 percentage of 1954 taxes 9.05% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 10360 107734 percentage of taxable income= 4.14% for tax year 1931 percentage of 1954 taxes 9.62% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 14561 139299 percentage of taxable income= 4.85% for tax year 1931 percentage of 1954 taxes 10.45% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 19531 172445 percentage of taxable income= 5.58% for tax year 1931 percentage of 1954 taxes 11.33% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 25300 207348 percentage of taxable income= 6.32% for tax year 1931 percentage of 1954 taxes 12.20% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 31446 243670 percentage of taxable income= 6.99% for tax year 1931 percentage of 1954 taxes 12.91% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 37971 281170 percentage of taxable income= 7.59% for tax year 1931 percentage of 1954 taxes 13.50% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 52373 358356 percentage of taxable income= 8.73% for tax year 1931 percentage of 1954 taxes 14.61% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 68313 438906 percentage of taxable income= 9.76% for tax year 1931 percentage of 1954 taxes 15.56% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 85850 523100 percentage of taxable income= 10.73% for tax year 1931 percentage of 1954 taxes 16.41% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 105058 610528 percentage of taxable income= 11.67% for tax year 1931 percentage of 1954 taxes 17.21% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 125778 699528 percentage of taxable income= 12.58% for tax year 1931 percentage of 1954 taxes 17.98%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 6000 $ 160, plus 8.00% of excess over $ 4000 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 10000 $ 320, plus 9.00% of excess over $ 6000 6.25% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 680, plus 10.00% of excess over $ 10000 7.09% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 880, plus 11.00% of excess over $ 12000 7.62% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1100, plus 12.00% of excess over $ 14000 8.13% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1340, plus 13.00% of excess over $ 16000 8.65% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 1600, plus 14.00% of excess over $ 18000 9.16% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 1880, plus 16.00% of excess over $ 20000 9.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 2200, plus 17.00% of excess over $ 22000 10.30% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 26000 $ 2540, plus 18.00% of excess over $ 24000 10.88% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 28000 $ 2900, plus 19.00% of excess over $ 26000 11.44% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 30000 $ 3280, plus 20.00% of excess over $ 28000 12.00% effective overall tax rate(computed on tax on middle of income range) Over $ 30000 but not over $ 32000 $ 3680, plus 21.00% of excess over $ 30000 12.55% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 36000 $ 4100, plus 23.00% of excess over $ 32000 13.41% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 38000 $ 5020, plus 24.00% of excess over $ 36000 14.22% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 40000 $ 5500, plus 25.00% of excess over $ 38000 14.74% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 42000 $ 6000, plus 26.00% of excess over $ 40000 15.27% effective overall tax rate(computed on tax on middle of income range) Over $ 42000 but not over $ 44000 $ 6520, plus 27.00% of excess over $ 42000 15.79% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 46000 $ 7060, plus 28.00% of excess over $ 44000 16.31% effective overall tax rate(computed on tax on middle of income range) Over $ 46000 but not over $ 48000 $ 7620, plus 29.00% of excess over $ 46000 16.83% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 50000 $ 8200, plus 30.00% of excess over $ 48000 17.35% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 52000 $ 8800, plus 31.00% of excess over $ 50000 17.86% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 54000 $ 9420, plus 32.00% of excess over $ 52000 18.38% effective overall tax rate(computed on tax on middle of income range) Over $ 54000 but not over $ 56000 $ 10060, plus 33.00% of excess over $ 54000 18.89% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 58000 $ 10720, plus 34.00% of excess over $ 56000 19.40% effective overall tax rate(computed on tax on middle of income range) Over $ 58000 but not over $ 60000 $ 11400, plus 35.00% of excess over $ 58000 19.92% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 62000 $ 12100, plus 36.00% of excess over $ 60000 20.43% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 64000 $ 12820, plus 37.00% of excess over $ 62000 20.94% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 66000 $ 13560, plus 38.00% of excess over $ 64000 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 66000 but not over $ 68000 $ 14320, plus 39.00% of excess over $ 66000 21.96% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 70000 $ 15100, plus 40.00% of excess over $ 68000 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 72000 $ 15900, plus 41.00% of excess over $ 70000 22.97% effective overall tax rate(computed on tax on middle of income range) Over $ 72000 but not over $ 74000 $ 16720, plus 42.00% of excess over $ 72000 23.48% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 76000 $ 17560, plus 43.00% of excess over $ 74000 23.99% effective overall tax rate(computed on tax on middle of income range) Over $ 76000 but not over $ 78000 $ 18420, plus 44.00% of excess over $ 76000 24.49% effective overall tax rate(computed on tax on middle of income range) Over $ 78000 but not over $ 80000 $ 19300, plus 45.00% of excess over $ 78000 25.00% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 82000 $ 20200, plus 46.00% of excess over $ 80000 25.51% effective overall tax rate(computed on tax on middle of income range) Over $ 82000 but not over $ 84000 $ 21120, plus 47.00% of excess over $ 82000 26.01% effective overall tax rate(computed on tax on middle of income range) Over $ 84000 but not over $ 86000 $ 22060, plus 48.00% of excess over $ 84000 26.52% effective overall tax rate(computed on tax on middle of income range) Over $ 86000 but not over $ 88000 $ 23020, plus 49.00% of excess over $ 86000 27.02% effective overall tax rate(computed on tax on middle of income range) Over $ 88000 but not over $ 90000 $ 24000, plus 50.00% of excess over $ 88000 27.53% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 92000 $ 25000, plus 51.00% of excess over $ 90000 28.03% effective overall tax rate(computed on tax on middle of income range) Over $ 92000 but not over $ 94000 $ 26020, plus 52.00% of excess over $ 92000 28.54% effective overall tax rate(computed on tax on middle of income range) Over $ 94000 but not over $ 96000 $ 27060, plus 53.00% of excess over $ 94000 29.04% effective overall tax rate(computed on tax on middle of income range) Over $ 96000 but not over $ 98000 $ 28120, plus 54.00% of excess over $ 96000 29.55% effective overall tax rate(computed on tax on middle of income range) Over $ 98000 but not over $ 100000 $ 29200, plus 55.00% of excess over $ 98000 30.05% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 30300, plus 56.00% of excess over $ 100000 35.44% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 58300, plus 57.00% of excess over $ 150000 41.46% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 300000 $ 86800, plus 58.00% of excess over $ 200000 46.32% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 400000 $ 144800, plus 59.00% of excess over $ 300000 49.80% effective overall tax rate(computed on tax on middle of income range) Over $ 400000 but not over $ 500000 $ 203800, plus 60.00% of excess over $ 400000 51.96% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $ 750000 $ 263800, plus 61.00% of excess over $ 500000 54.41% effective overall tax rate(computed on tax on middle of income range) Over $ 750000 but not over $1000000 $ 416300, plus 62.00% of excess over $ 750000 56.43% effective overall tax rate(computed on tax on middle of income range) Over $1000000 ........................ $ 571300, plus 63.00% of excess over $1000000 57.13% <=> 63.00% effective overall tax rate as income goes to infinity1932 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 17.250541362 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 69002 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 69002 but not over $ 103503 $ 2760, plus 8.00% of excess over $ 69002 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 103503 but not over $ 172505 $ 5520, plus 9.00% of excess over $ 103503 6.25% effective overall tax rate(computed on tax on middle of income range) Over $ 172505 but not over $ 207006 $ 11730, plus 10.00% of excess over $ 172505 7.09% effective overall tax rate(computed on tax on middle of income range) Over $ 207006 but not over $ 241508 $ 15180, plus 11.00% of excess over $ 207006 7.62% effective overall tax rate(computed on tax on middle of income range) Over $ 241508 but not over $ 276009 $ 18976, plus 12.00% of excess over $ 241508 8.13% effective overall tax rate(computed on tax on middle of income range) Over $ 276009 but not over $ 310510 $ 23116, plus 13.00% of excess over $ 276009 8.65% effective overall tax rate(computed on tax on middle of income range) Over $ 310510 but not over $ 345011 $ 27601, plus 14.00% of excess over $ 310510 9.16% effective overall tax rate(computed on tax on middle of income range) Over $ 345011 but not over $ 379512 $ 32431, plus 16.00% of excess over $ 345011 9.71% effective overall tax rate(computed on tax on middle of income range) Over $ 379512 but not over $ 414013 $ 37951, plus 17.00% of excess over $ 379512 10.30% effective overall tax rate(computed on tax on middle of income range) Over $ 414013 but not over $ 448514 $ 43816, plus 18.00% of excess over $ 414013 10.88% effective overall tax rate(computed on tax on middle of income range) Over $ 448514 but not over $ 483015 $ 50027, plus 19.00% of excess over $ 448514 11.44% effective overall tax rate(computed on tax on middle of income range) Over $ 483015 but not over $ 517516 $ 56582, plus 20.00% of excess over $ 483015 12.00% effective overall tax rate(computed on tax on middle of income range) Over $ 517516 but not over $ 552017 $ 63482, plus 21.00% of excess over $ 517516 12.55% effective overall tax rate(computed on tax on middle of income range) Over $ 552017 but not over $ 621019 $ 70727, plus 23.00% of excess over $ 552017 13.41% effective overall tax rate(computed on tax on middle of income range) Over $ 621019 but not over $ 655521 $ 86598, plus 24.00% of excess over $ 621019 14.22% effective overall tax rate(computed on tax on middle of income range) Over $ 655521 but not over $ 690022 $ 94878, plus 25.00% of excess over $ 655521 14.74% effective overall tax rate(computed on tax on middle of income range) Over $ 690022 but not over $ 724523 $ 103503, plus 26.00% of excess over $ 690022 15.27% effective overall tax rate(computed on tax on middle of income range) Over $ 724523 but not over $ 759024 $ 112474, plus 27.00% of excess over $ 724523 15.79% effective overall tax rate(computed on tax on middle of income range) Over $ 759024 but not over $ 793525 $ 121789, plus 28.00% of excess over $ 759024 16.31% effective overall tax rate(computed on tax on middle of income range) Over $ 793525 but not over $ 828026 $ 131449, plus 29.00% of excess over $ 793525 16.83% effective overall tax rate(computed on tax on middle of income range) Over $ 828026 but not over $ 862527 $ 141454, plus 30.00% of excess over $ 828026 17.35% effective overall tax rate(computed on tax on middle of income range) Over $ 862527 but not over $ 897028 $ 151805, plus 31.00% of excess over $ 862527 17.86% effective overall tax rate(computed on tax on middle of income range) Over $ 897028 but not over $ 931529 $ 162500, plus 32.00% of excess over $ 897028 18.38% effective overall tax rate(computed on tax on middle of income range) Over $ 931529 but not over $ 966030 $ 173540, plus 33.00% of excess over $ 931529 18.89% effective overall tax rate(computed on tax on middle of income range) Over $ 966030 but not over $1000531 $ 184926, plus 34.00% of excess over $ 966030 19.40% effective overall tax rate(computed on tax on middle of income range) Over $1000531 but not over $1035032 $ 196656, plus 35.00% of excess over $1000531 19.92% effective overall tax rate(computed on tax on middle of income range) Over $1035032 but not over $1069534 $ 208732, plus 36.00% of excess over $1035032 20.43% effective overall tax rate(computed on tax on middle of income range) Over $1069534 but not over $1104035 $ 221152, plus 37.00% of excess over $1069534 20.94% effective overall tax rate(computed on tax on middle of income range) Over $1104035 but not over $1138536 $ 233917, plus 38.00% of excess over $1104035 21.45% effective overall tax rate(computed on tax on middle of income range) Over $1138536 but not over $1173037 $ 247028, plus 39.00% of excess over $1138536 21.96% effective overall tax rate(computed on tax on middle of income range) Over $1173037 but not over $1207538 $ 260483, plus 40.00% of excess over $1173037 22.46% effective overall tax rate(computed on tax on middle of income range) Over $1207538 but not over $1242039 $ 274284, plus 41.00% of excess over $1207538 22.97% effective overall tax rate(computed on tax on middle of income range) Over $1242039 but not over $1276540 $ 288429, plus 42.00% of excess over $1242039 23.48% effective overall tax rate(computed on tax on middle of income range) Over $1276540 but not over $1311041 $ 302920, plus 43.00% of excess over $1276540 23.99% effective overall tax rate(computed on tax on middle of income range) Over $1311041 but not over $1345542 $ 317755, plus 44.00% of excess over $1311041 24.49% effective overall tax rate(computed on tax on middle of income range) Over $1345542 but not over $1380043 $ 332935, plus 45.00% of excess over $1345542 25.00% effective overall tax rate(computed on tax on middle of income range) Over $1380043 but not over $1414544 $ 348461, plus 46.00% of excess over $1380043 25.51% effective overall tax rate(computed on tax on middle of income range) Over $1414544 but not over $1449045 $ 364331, plus 47.00% of excess over $1414544 26.01% effective overall tax rate(computed on tax on middle of income range) Over $1449045 but not over $1483547 $ 380547, plus 48.00% of excess over $1449045 26.52% effective overall tax rate(computed on tax on middle of income range) Over $1483547 but not over $1518048 $ 397107, plus 49.00% of excess over $1483547 27.02% effective overall tax rate(computed on tax on middle of income range) Over $1518048 but not over $1552549 $ 414013, plus 50.00% of excess over $1518048 27.53% effective overall tax rate(computed on tax on middle of income range) Over $1552549 but not over $1587050 $ 431264, plus 51.00% of excess over $1552549 28.03% effective overall tax rate(computed on tax on middle of income range) Over $1587050 but not over $1621551 $ 448859, plus 52.00% of excess over $1587050 28.54% effective overall tax rate(computed on tax on middle of income range) Over $1621551 but not over $1656052 $ 466800, plus 53.00% of excess over $1621551 29.04% effective overall tax rate(computed on tax on middle of income range) Over $1656052 but not over $1690553 $ 485085, plus 54.00% of excess over $1656052 29.55% effective overall tax rate(computed on tax on middle of income range) Over $1690553 but not over $1725054 $ 503716, plus 55.00% of excess over $1690553 30.05% effective overall tax rate(computed on tax on middle of income range) Over $1725054 but not over $2587581 $ 522691, plus 56.00% of excess over $1725054 35.44% effective overall tax rate(computed on tax on middle of income range) Over $2587581 but not over $3450108 $1005707, plus 57.00% of excess over $2587581 41.46% effective overall tax rate(computed on tax on middle of income range) Over $3450108 but not over $5175162 $1497347, plus 58.00% of excess over $3450108 46.32% effective overall tax rate(computed on tax on middle of income range) Over $5175162 but not over $6900217 $2497878, plus 59.00% of excess over $5175162 49.80% effective overall tax rate(computed on tax on middle of income range) Over $6900217 but not over $8625271 $3515660, plus 60.00% of excess over $6900217 51.96% effective overall tax rate(computed on tax on middle of income range) Over $8625271 but not over $12937906 $4550693, plus 61.00% of excess over $8625271 54.41% effective overall tax rate(computed on tax on middle of income range) Over $12937906 but not over $17250541 $7181400, plus 62.00% of excess over $12937906 56.43% effective overall tax rate(computed on tax on middle of income range) Over $17250541 ........................$9855234, plus 63.00% of excess over $17250541 57.13% <=> 63.00% effective overall tax rate as income goes to infinity
1932 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1932 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1932 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1932 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1932 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2000 11243 percentage of taxable income= 4.00% for tax year 1932 percentage of 1954 taxes 17.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2400 14134 percentage of taxable income= 4.00% for tax year 1932 percentage of 1954 taxes 16.98% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 2840 17134 percentage of taxable income= 4.06% for tax year 1932 percentage of 1954 taxes 16.57% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 3640 20523 percentage of taxable income= 4.55% for tax year 1932 percentage of 1954 taxes 17.74% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 4440 24009 percentage of taxable income= 4.93% for tax year 1932 percentage of 1954 taxes 18.49% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 5240 27809 percentage of taxable income= 5.24% for tax year 1932 percentage of 1954 taxes 18.84% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 9705 50400 percentage of taxable income= 6.47% for tax year 1932 percentage of 1954 taxes 19.26% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 14480 77586 percentage of taxable income= 7.24% for tax year 1932 percentage of 1954 taxes 18.66% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 19995 107734 percentage of taxable income= 8.00% for tax year 1932 percentage of 1954 taxes 18.56% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 26235 139299 percentage of taxable income= 8.74% for tax year 1932 percentage of 1954 taxes 18.83% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 33229 172445 percentage of taxable income= 9.49% for tax year 1932 percentage of 1954 taxes 19.27% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 41434 207348 percentage of taxable income= 10.36% for tax year 1932 percentage of 1954 taxes 19.98% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 50309 243670 percentage of taxable income= 11.18% for tax year 1932 percentage of 1954 taxes 20.65% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 59979 281170 percentage of taxable income= 12.00% for tax year 1932 percentage of 1954 taxes 21.33% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 81763 358356 percentage of taxable income= 13.63% for tax year 1932 percentage of 1954 taxes 22.82% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 106098 438906 percentage of taxable income= 15.16% for tax year 1932 percentage of 1954 taxes 24.17% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 133327 523100 percentage of taxable income= 16.67% for tax year 1932 percentage of 1954 taxes 25.49% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 163451 610528 percentage of taxable income= 18.16% for tax year 1932 percentage of 1954 taxes 26.77% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 196475 699528 percentage of taxable income= 19.65% for tax year 1932 percentage of 1954 taxes 28.09%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 6000 $ 160, plus 8.00% of excess over $ 4000 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 10000 $ 320, plus 9.00% of excess over $ 6000 6.25% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 680, plus 10.00% of excess over $ 10000 7.09% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 880, plus 11.00% of excess over $ 12000 7.62% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1100, plus 12.00% of excess over $ 14000 8.13% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1340, plus 13.00% of excess over $ 16000 8.65% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 1600, plus 14.00% of excess over $ 18000 9.16% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 1880, plus 16.00% of excess over $ 20000 9.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 24000 $ 2200, plus 17.00% of excess over $ 22000 10.30% effective overall tax rate(computed on tax on middle of income range) Over $ 24000 but not over $ 26000 $ 2540, plus 18.00% of excess over $ 24000 10.88% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 28000 $ 2900, plus 19.00% of excess over $ 26000 11.44% effective overall tax rate(computed on tax on middle of income range) Over $ 28000 but not over $ 30000 $ 3280, plus 20.00% of excess over $ 28000 12.00% effective overall tax rate(computed on tax on middle of income range) Over $ 30000 but not over $ 32000 $ 3680, plus 21.00% of excess over $ 30000 12.55% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 36000 $ 4100, plus 23.00% of excess over $ 32000 13.41% effective overall tax rate(computed on tax on middle of income range) Over $ 36000 but not over $ 38000 $ 5020, plus 24.00% of excess over $ 36000 14.22% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 40000 $ 5500, plus 25.00% of excess over $ 38000 14.74% effective overall tax rate(computed on tax on middle of income range) Over $ 40000 but not over $ 42000 $ 6000, plus 26.00% of excess over $ 40000 15.27% effective overall tax rate(computed on tax on middle of income range) Over $ 42000 but not over $ 44000 $ 6520, plus 27.00% of excess over $ 42000 15.79% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 46000 $ 7060, plus 28.00% of excess over $ 44000 16.31% effective overall tax rate(computed on tax on middle of income range) Over $ 46000 but not over $ 48000 $ 7620, plus 29.00% of excess over $ 46000 16.83% effective overall tax rate(computed on tax on middle of income range) Over $ 48000 but not over $ 50000 $ 8200, plus 30.00% of excess over $ 48000 17.35% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 52000 $ 8800, plus 31.00% of excess over $ 50000 17.86% effective overall tax rate(computed on tax on middle of income range) Over $ 52000 but not over $ 54000 $ 9420, plus 32.00% of excess over $ 52000 18.38% effective overall tax rate(computed on tax on middle of income range) Over $ 54000 but not over $ 56000 $ 10060, plus 33.00% of excess over $ 54000 18.89% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 58000 $ 10720, plus 34.00% of excess over $ 56000 19.40% effective overall tax rate(computed on tax on middle of income range) Over $ 58000 but not over $ 60000 $ 11400, plus 35.00% of excess over $ 58000 19.92% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 62000 $ 12100, plus 36.00% of excess over $ 60000 20.43% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 64000 $ 12820, plus 37.00% of excess over $ 62000 20.94% effective overall tax rate(computed on tax on middle of income range) Over $ 64000 but not over $ 66000 $ 13560, plus 38.00% of excess over $ 64000 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 66000 but not over $ 68000 $ 14320, plus 39.00% of excess over $ 66000 21.96% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 70000 $ 15100, plus 40.00% of excess over $ 68000 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 72000 $ 15900, plus 41.00% of excess over $ 70000 22.97% effective overall tax rate(computed on tax on middle of income range) Over $ 72000 but not over $ 74000 $ 16720, plus 42.00% of excess over $ 72000 23.48% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 76000 $ 17560, plus 43.00% of excess over $ 74000 23.99% effective overall tax rate(computed on tax on middle of income range) Over $ 76000 but not over $ 78000 $ 18420, plus 44.00% of excess over $ 76000 24.49% effective overall tax rate(computed on tax on middle of income range) Over $ 78000 but not over $ 80000 $ 19300, plus 45.00% of excess over $ 78000 25.00% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 82000 $ 20200, plus 46.00% of excess over $ 80000 25.51% effective overall tax rate(computed on tax on middle of income range) Over $ 82000 but not over $ 84000 $ 21120, plus 47.00% of excess over $ 82000 26.01% effective overall tax rate(computed on tax on middle of income range) Over $ 84000 but not over $ 86000 $ 22060, plus 48.00% of excess over $ 84000 26.52% effective overall tax rate(computed on tax on middle of income range) Over $ 86000 but not over $ 88000 $ 23020, plus 49.00% of excess over $ 86000 27.02% effective overall tax rate(computed on tax on middle of income range) Over $ 88000 but not over $ 90000 $ 24000, plus 50.00% of excess over $ 88000 27.53% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 92000 $ 25000, plus 51.00% of excess over $ 90000 28.03% effective overall tax rate(computed on tax on middle of income range) Over $ 92000 but not over $ 94000 $ 26020, plus 52.00% of excess over $ 92000 28.54% effective overall tax rate(computed on tax on middle of income range) Over $ 94000 but not over $ 96000 $ 27060, plus 53.00% of excess over $ 94000 29.04% effective overall tax rate(computed on tax on middle of income range) Over $ 96000 but not over $ 98000 $ 28120, plus 54.00% of excess over $ 96000 29.55% effective overall tax rate(computed on tax on middle of income range) Over $ 98000 but not over $ 100000 $ 29200, plus 55.00% of excess over $ 98000 30.05% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 30300, plus 56.00% of excess over $ 100000 35.44% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 58300, plus 57.00% of excess over $ 150000 41.46% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 300000 $ 86800, plus 58.00% of excess over $ 200000 46.32% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 400000 $ 144800, plus 59.00% of excess over $ 300000 49.80% effective overall tax rate(computed on tax on middle of income range) Over $ 400000 but not over $ 500000 $ 203800, plus 60.00% of excess over $ 400000 51.96% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $ 750000 $ 263800, plus 61.00% of excess over $ 500000 54.41% effective overall tax rate(computed on tax on middle of income range) Over $ 750000 but not over $1000000 $ 416300, plus 62.00% of excess over $ 750000 56.43% effective overall tax rate(computed on tax on middle of income range) Over $1000000 ........................ $ 571300, plus 63.00% of excess over $1000000 57.13% <=> 63.00% effective overall tax rate as income goes to infinity1933 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 18.179416667 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 72718 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 72718 but not over $ 109076 $ 2909, plus 8.00% of excess over $ 72718 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 109076 but not over $ 181794 $ 5817, plus 9.00% of excess over $ 109076 6.25% effective overall tax rate(computed on tax on middle of income range) Over $ 181794 but not over $ 218153 $ 12362, plus 10.00% of excess over $ 181794 7.09% effective overall tax rate(computed on tax on middle of income range) Over $ 218153 but not over $ 254512 $ 15998, plus 11.00% of excess over $ 218153 7.62% effective overall tax rate(computed on tax on middle of income range) Over $ 254512 but not over $ 290871 $ 19997, plus 12.00% of excess over $ 254512 8.13% effective overall tax rate(computed on tax on middle of income range) Over $ 290871 but not over $ 327229 $ 24360, plus 13.00% of excess over $ 290871 8.65% effective overall tax rate(computed on tax on middle of income range) Over $ 327229 but not over $ 363588 $ 29087, plus 14.00% of excess over $ 327229 9.16% effective overall tax rate(computed on tax on middle of income range) Over $ 363588 but not over $ 399947 $ 34177, plus 16.00% of excess over $ 363588 9.71% effective overall tax rate(computed on tax on middle of income range) Over $ 399947 but not over $ 436306 $ 39995, plus 17.00% of excess over $ 399947 10.30% effective overall tax rate(computed on tax on middle of income range) Over $ 436306 but not over $ 472665 $ 46176, plus 18.00% of excess over $ 436306 10.88% effective overall tax rate(computed on tax on middle of income range) Over $ 472665 but not over $ 509024 $ 52720, plus 19.00% of excess over $ 472665 11.44% effective overall tax rate(computed on tax on middle of income range) Over $ 509024 but not over $ 545382 $ 59628, plus 20.00% of excess over $ 509024 12.00% effective overall tax rate(computed on tax on middle of income range) Over $ 545382 but not over $ 581741 $ 66900, plus 21.00% of excess over $ 545382 12.55% effective overall tax rate(computed on tax on middle of income range) Over $ 581741 but not over $ 654459 $ 74536, plus 23.00% of excess over $ 581741 13.41% effective overall tax rate(computed on tax on middle of income range) Over $ 654459 but not over $ 690818 $ 91261, plus 24.00% of excess over $ 654459 14.22% effective overall tax rate(computed on tax on middle of income range) Over $ 690818 but not over $ 727177 $ 99987, plus 25.00% of excess over $ 690818 14.74% effective overall tax rate(computed on tax on middle of income range) Over $ 727177 but not over $ 763535 $ 109076, plus 26.00% of excess over $ 727177 15.27% effective overall tax rate(computed on tax on middle of income range) Over $ 763535 but not over $ 799894 $ 118530, plus 27.00% of excess over $ 763535 15.79% effective overall tax rate(computed on tax on middle of income range) Over $ 799894 but not over $ 836253 $ 128347, plus 28.00% of excess over $ 799894 16.31% effective overall tax rate(computed on tax on middle of income range) Over $ 836253 but not over $ 872612 $ 138527, plus 29.00% of excess over $ 836253 16.83% effective overall tax rate(computed on tax on middle of income range) Over $ 872612 but not over $ 908971 $ 149071, plus 30.00% of excess over $ 872612 17.35% effective overall tax rate(computed on tax on middle of income range) Over $ 908971 but not over $ 945330 $ 159979, plus 31.00% of excess over $ 908971 17.86% effective overall tax rate(computed on tax on middle of income range) Over $ 945330 but not over $ 981688 $ 171250, plus 32.00% of excess over $ 945330 18.38% effective overall tax rate(computed on tax on middle of income range) Over $ 981688 but not over $1018047 $ 182885, plus 33.00% of excess over $ 981688 18.89% effective overall tax rate(computed on tax on middle of income range) Over $1018047 but not over $1054406 $ 194883, plus 34.00% of excess over $1018047 19.40% effective overall tax rate(computed on tax on middle of income range) Over $1054406 but not over $1090765 $ 207245, plus 35.00% of excess over $1054406 19.92% effective overall tax rate(computed on tax on middle of income range) Over $1090765 but not over $1127124 $ 219971, plus 36.00% of excess over $1090765 20.43% effective overall tax rate(computed on tax on middle of income range) Over $1127124 but not over $1163483 $ 233060, plus 37.00% of excess over $1127124 20.94% effective overall tax rate(computed on tax on middle of income range) Over $1163483 but not over $1199841 $ 246513, plus 38.00% of excess over $1163483 21.45% effective overall tax rate(computed on tax on middle of income range) Over $1199841 but not over $1236200 $ 260329, plus 39.00% of excess over $1199841 21.96% effective overall tax rate(computed on tax on middle of income range) Over $1236200 but not over $1272559 $ 274509, plus 40.00% of excess over $1236200 22.46% effective overall tax rate(computed on tax on middle of income range) Over $1272559 but not over $1308918 $ 289053, plus 41.00% of excess over $1272559 22.97% effective overall tax rate(computed on tax on middle of income range) Over $1308918 but not over $1345277 $ 303960, plus 42.00% of excess over $1308918 23.48% effective overall tax rate(computed on tax on middle of income range) Over $1345277 but not over $1381636 $ 319231, plus 43.00% of excess over $1345277 23.99% effective overall tax rate(computed on tax on middle of income range) Over $1381636 but not over $1417994 $ 334865, plus 44.00% of excess over $1381636 24.49% effective overall tax rate(computed on tax on middle of income range) Over $1417994 but not over $1454353 $ 350863, plus 45.00% of excess over $1417994 25.00% effective overall tax rate(computed on tax on middle of income range) Over $1454353 but not over $1490712 $ 367224, plus 46.00% of excess over $1454353 25.51% effective overall tax rate(computed on tax on middle of income range) Over $1490712 but not over $1527071 $ 383949, plus 47.00% of excess over $1490712 26.01% effective overall tax rate(computed on tax on middle of income range) Over $1527071 but not over $1563430 $ 401038, plus 48.00% of excess over $1527071 26.52% effective overall tax rate(computed on tax on middle of income range) Over $1563430 but not over $1599789 $ 418490, plus 49.00% of excess over $1563430 27.02% effective overall tax rate(computed on tax on middle of income range) Over $1599789 but not over $1636147 $ 436306, plus 50.00% of excess over $1599789 27.53% effective overall tax rate(computed on tax on middle of income range) Over $1636147 but not over $1672506 $ 454485, plus 51.00% of excess over $1636147 28.03% effective overall tax rate(computed on tax on middle of income range) Over $1672506 but not over $1708865 $ 473028, plus 52.00% of excess over $1672506 28.54% effective overall tax rate(computed on tax on middle of income range) Over $1708865 but not over $1745224 $ 491935, plus 53.00% of excess over $1708865 29.04% effective overall tax rate(computed on tax on middle of income range) Over $1745224 but not over $1781583 $ 511205, plus 54.00% of excess over $1745224 29.55% effective overall tax rate(computed on tax on middle of income range) Over $1781583 but not over $1817942 $ 530839, plus 55.00% of excess over $1781583 30.05% effective overall tax rate(computed on tax on middle of income range) Over $1817942 but not over $2726912 $ 550836, plus 56.00% of excess over $1817942 35.44% effective overall tax rate(computed on tax on middle of income range) Over $2726912 but not over $3635883 $1059860, plus 57.00% of excess over $2726912 41.46% effective overall tax rate(computed on tax on middle of income range) Over $3635883 but not over $5453825 $1577973, plus 58.00% of excess over $3635883 46.32% effective overall tax rate(computed on tax on middle of income range) Over $5453825 but not over $7271767 $2632380, plus 59.00% of excess over $5453825 49.80% effective overall tax rate(computed on tax on middle of income range) Over $7271767 but not over $9089708 $3704965, plus 60.00% of excess over $7271767 51.96% effective overall tax rate(computed on tax on middle of income range) Over $9089708 but not over $13634562 $4795730, plus 61.00% of excess over $9089708 54.41% effective overall tax rate(computed on tax on middle of income range) Over $13634562 but not over $18179417 $7568091, plus 62.00% of excess over $13634562 56.43% effective overall tax rate(computed on tax on middle of income range) Over $18179417 ........................$10385901, plus 63.00% of excess over $18179417 57.13% <=> 63.00% effective overall tax rate as income goes to infinity
1933 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1933 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1933 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1933 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1933 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2000 11243 percentage of taxable income= 4.00% for tax year 1933 percentage of 1954 taxes 17.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2400 14134 percentage of taxable income= 4.00% for tax year 1933 percentage of 1954 taxes 16.98% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 2800 17134 percentage of taxable income= 4.00% for tax year 1933 percentage of 1954 taxes 16.34% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 3491 20523 percentage of taxable income= 4.36% for tax year 1933 percentage of 1954 taxes 17.01% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 4291 24009 percentage of taxable income= 4.77% for tax year 1933 percentage of 1954 taxes 17.87% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 5091 27809 percentage of taxable income= 5.09% for tax year 1933 percentage of 1954 taxes 18.31% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 9501 50400 percentage of taxable income= 6.33% for tax year 1933 percentage of 1954 taxes 18.85% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 14183 77586 percentage of taxable income= 7.09% for tax year 1933 percentage of 1954 taxes 18.28% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 19501 107734 percentage of taxable income= 7.80% for tax year 1933 percentage of 1954 taxes 18.10% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 25547 139299 percentage of taxable income= 8.52% for tax year 1933 percentage of 1954 taxes 18.34% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 32275 172445 percentage of taxable income= 9.22% for tax year 1933 percentage of 1954 taxes 18.72% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 40004 207348 percentage of taxable income= 10.00% for tax year 1933 percentage of 1954 taxes 19.29% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 48641 243670 percentage of taxable income= 10.81% for tax year 1933 percentage of 1954 taxes 19.96% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 57914 281170 percentage of taxable income= 11.58% for tax year 1933 percentage of 1954 taxes 20.60% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 78735 358356 percentage of taxable income= 13.12% for tax year 1933 percentage of 1954 taxes 21.97% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 102282 438906 percentage of taxable income= 14.61% for tax year 1933 percentage of 1954 taxes 23.30% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 128376 523100 percentage of taxable income= 16.05% for tax year 1933 percentage of 1954 taxes 24.54% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 157288 610528 percentage of taxable income= 17.48% for tax year 1933 percentage of 1954 taxes 25.76% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 188928 699528 percentage of taxable income= 18.89% for tax year 1933 percentage of 1954 taxes 27.01%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 6000 $ 160, plus 8.00% of excess over $ 4000 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 320, plus 9.00% of excess over $ 6000 5.86% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 500, plus 10.00% of excess over $ 8000 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 700, plus 11.00% of excess over $ 10000 7.36% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 920, plus 12.00% of excess over $ 12000 8.00% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1160, plus 13.00% of excess over $ 14000 8.60% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1420, plus 15.00% of excess over $ 16000 9.24% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 1720, plus 17.00% of excess over $ 18000 9.95% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 2060, plus 19.00% of excess over $ 20000 10.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 2440, plus 21.00% of excess over $ 22000 11.92% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 3280, plus 23.00% of excess over $ 26000 13.69% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 4660, plus 25.00% of excess over $ 32000 15.46% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 6160, plus 28.00% of excess over $ 38000 17.07% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 7840, plus 31.00% of excess over $ 44000 18.66% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 56000 $ 9700, plus 34.00% of excess over $ 50000 20.23% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 62000 $ 11740, plus 37.00% of excess over $ 56000 21.78% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 68000 $ 13960, plus 40.00% of excess over $ 62000 23.32% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 74000 $ 16360, plus 43.00% of excess over $ 68000 24.86% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 80000 $ 18940, plus 46.00% of excess over $ 74000 26.39% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 21700, plus 49.00% of excess over $ 80000 28.41% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 26600, plus 54.00% of excess over $ 90000 30.84% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 32000, plus 56.00% of excess over $ 100000 36.80% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 60000, plus 57.00% of excess over $ 150000 42.43% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 300000 $ 88500, plus 58.00% of excess over $ 200000 47.00% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 400000 $ 146500, plus 59.00% of excess over $ 300000 50.29% effective overall tax rate(computed on tax on middle of income range) Over $ 400000 but not over $ 500000 $ 205500, plus 60.00% of excess over $ 400000 52.33% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $ 750000 $ 265500, plus 61.00% of excess over $ 500000 54.68% effective overall tax rate(computed on tax on middle of income range) Over $ 750000 but not over $1000000 $ 418000, plus 62.00% of excess over $ 750000 56.63% effective overall tax rate(computed on tax on middle of income range) Over $1000000 ........................ $ 573000, plus 63.00% of excess over $1000000 57.30% <=> 63.00% effective overall tax rate as income goes to infinity1934 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 17.636747513 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 70547 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 70547 but not over $ 105820 $ 2822, plus 8.00% of excess over $ 70547 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 105820 but not over $ 141094 $ 5644, plus 9.00% of excess over $ 105820 5.86% effective overall tax rate(computed on tax on middle of income range) Over $ 141094 but not over $ 176367 $ 8818, plus 10.00% of excess over $ 141094 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 176367 but not over $ 211641 $ 12346, plus 11.00% of excess over $ 176367 7.36% effective overall tax rate(computed on tax on middle of income range) Over $ 211641 but not over $ 246914 $ 16226, plus 12.00% of excess over $ 211641 8.00% effective overall tax rate(computed on tax on middle of income range) Over $ 246914 but not over $ 282188 $ 20459, plus 13.00% of excess over $ 246914 8.60% effective overall tax rate(computed on tax on middle of income range) Over $ 282188 but not over $ 317461 $ 25044, plus 15.00% of excess over $ 282188 9.24% effective overall tax rate(computed on tax on middle of income range) Over $ 317461 but not over $ 352735 $ 30335, plus 17.00% of excess over $ 317461 9.95% effective overall tax rate(computed on tax on middle of income range) Over $ 352735 but not over $ 388008 $ 36332, plus 19.00% of excess over $ 352735 10.71% effective overall tax rate(computed on tax on middle of income range) Over $ 388008 but not over $ 458555 $ 43034, plus 21.00% of excess over $ 388008 11.92% effective overall tax rate(computed on tax on middle of income range) Over $ 458555 but not over $ 564376 $ 57849, plus 23.00% of excess over $ 458555 13.69% effective overall tax rate(computed on tax on middle of income range) Over $ 564376 but not over $ 670196 $ 82187, plus 25.00% of excess over $ 564376 15.46% effective overall tax rate(computed on tax on middle of income range) Over $ 670196 but not over $ 776017 $ 108642, plus 28.00% of excess over $ 670196 17.07% effective overall tax rate(computed on tax on middle of income range) Over $ 776017 but not over $ 881837 $ 138272, plus 31.00% of excess over $ 776017 18.66% effective overall tax rate(computed on tax on middle of income range) Over $ 881837 but not over $ 987658 $ 171076, plus 34.00% of excess over $ 881837 20.23% effective overall tax rate(computed on tax on middle of income range) Over $ 987658 but not over $1093478 $ 207055, plus 37.00% of excess over $ 987658 21.78% effective overall tax rate(computed on tax on middle of income range) Over $1093478 but not over $1199299 $ 246209, plus 40.00% of excess over $1093478 23.32% effective overall tax rate(computed on tax on middle of income range) Over $1199299 but not over $1305119 $ 288537, plus 43.00% of excess over $1199299 24.86% effective overall tax rate(computed on tax on middle of income range) Over $1305119 but not over $1410940 $ 334040, plus 46.00% of excess over $1305119 26.39% effective overall tax rate(computed on tax on middle of income range) Over $1410940 but not over $1587307 $ 382717, plus 49.00% of excess over $1410940 28.41% effective overall tax rate(computed on tax on middle of income range) Over $1587307 but not over $1763675 $ 469137, plus 54.00% of excess over $1587307 30.84% effective overall tax rate(computed on tax on middle of income range) Over $1763675 but not over $2645512 $ 564376, plus 56.00% of excess over $1763675 36.80% effective overall tax rate(computed on tax on middle of income range) Over $2645512 but not over $3527350 $1058205, plus 57.00% of excess over $2645512 42.43% effective overall tax rate(computed on tax on middle of income range) Over $3527350 but not over $5291024 $1560852, plus 58.00% of excess over $3527350 47.00% effective overall tax rate(computed on tax on middle of income range) Over $5291024 but not over $7054699 $2583784, plus 59.00% of excess over $5291024 50.29% effective overall tax rate(computed on tax on middle of income range) Over $7054699 but not over $8818374 $3624352, plus 60.00% of excess over $7054699 52.33% effective overall tax rate(computed on tax on middle of income range) Over $8818374 but not over $13227561 $4682556, plus 61.00% of excess over $8818374 54.68% effective overall tax rate(computed on tax on middle of income range) Over $13227561 but not over $17636748 $7372160, plus 62.00% of excess over $13227561 56.63% effective overall tax rate(computed on tax on middle of income range) Over $17636748 ........................$10105856, plus 63.00% of excess over $17636748 57.30% <=> 63.00% effective overall tax rate as income goes to infinity
1934 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1934 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1934 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1934 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1934 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2000 11243 percentage of taxable income= 4.00% for tax year 1934 percentage of 1954 taxes 17.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2400 14134 percentage of taxable income= 4.00% for tax year 1934 percentage of 1954 taxes 16.98% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 2800 17134 percentage of taxable income= 4.00% for tax year 1934 percentage of 1954 taxes 16.34% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 3578 20523 percentage of taxable income= 4.47% for tax year 1934 percentage of 1954 taxes 17.43% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 4378 24009 percentage of taxable income= 4.86% for tax year 1934 percentage of 1954 taxes 18.24% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 5178 27809 percentage of taxable income= 5.18% for tax year 1934 percentage of 1954 taxes 18.62% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 9709 50400 percentage of taxable income= 6.47% for tax year 1934 percentage of 1954 taxes 19.26% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 14945 77586 percentage of taxable income= 7.47% for tax year 1934 percentage of 1954 taxes 19.26% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 20860 107734 percentage of taxable income= 8.34% for tax year 1934 percentage of 1954 taxes 19.36% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 27716 139299 percentage of taxable income= 9.24% for tax year 1934 percentage of 1954 taxes 19.90% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 35867 172445 percentage of taxable income= 10.25% for tax year 1934 percentage of 1954 taxes 20.80% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 45552 207348 percentage of taxable income= 11.39% for tax year 1934 percentage of 1954 taxes 21.97% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 56052 243670 percentage of taxable income= 12.46% for tax year 1934 percentage of 1954 taxes 23.00% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 67381 281170 percentage of taxable income= 13.48% for tax year 1934 percentage of 1954 taxes 23.96% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 91093 358356 percentage of taxable income= 15.18% for tax year 1934 percentage of 1954 taxes 25.42% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 116987 438906 percentage of taxable income= 16.71% for tax year 1934 percentage of 1954 taxes 26.65% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 145707 523100 percentage of taxable income= 18.21% for tax year 1934 percentage of 1954 taxes 27.85% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 177252 610528 percentage of taxable income= 19.69% for tax year 1934 percentage of 1954 taxes 29.03% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 211622 699528 percentage of taxable income= 21.16% for tax year 1934 percentage of 1954 taxes 30.25%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 6000 $ 160, plus 8.00% of excess over $ 4000 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 320, plus 9.00% of excess over $ 6000 5.86% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 500, plus 10.00% of excess over $ 8000 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 700, plus 11.00% of excess over $ 10000 7.36% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 920, plus 12.00% of excess over $ 12000 8.00% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1160, plus 13.00% of excess over $ 14000 8.60% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1420, plus 15.00% of excess over $ 16000 9.24% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 1720, plus 17.00% of excess over $ 18000 9.95% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 2060, plus 19.00% of excess over $ 20000 10.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 2440, plus 21.00% of excess over $ 22000 11.92% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 3280, plus 23.00% of excess over $ 26000 13.69% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 4660, plus 25.00% of excess over $ 32000 15.46% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 6160, plus 28.00% of excess over $ 38000 17.07% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 7840, plus 31.00% of excess over $ 44000 18.66% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 56000 $ 9700, plus 34.00% of excess over $ 50000 20.23% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 62000 $ 11740, plus 37.00% of excess over $ 56000 21.78% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 68000 $ 13960, plus 40.00% of excess over $ 62000 23.32% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 74000 $ 16360, plus 43.00% of excess over $ 68000 24.86% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 80000 $ 18940, plus 46.00% of excess over $ 74000 26.39% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 21700, plus 49.00% of excess over $ 80000 28.41% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 26600, plus 54.00% of excess over $ 90000 30.84% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 32000, plus 56.00% of excess over $ 100000 36.80% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 60000, plus 57.00% of excess over $ 150000 42.43% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 300000 $ 88500, plus 58.00% of excess over $ 200000 47.00% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 400000 $ 146500, plus 59.00% of excess over $ 300000 50.29% effective overall tax rate(computed on tax on middle of income range) Over $ 400000 but not over $ 500000 $ 205500, plus 60.00% of excess over $ 400000 52.33% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $ 750000 $ 265500, plus 61.00% of excess over $ 500000 54.68% effective overall tax rate(computed on tax on middle of income range) Over $ 750000 but not over $1000000 $ 418000, plus 62.00% of excess over $ 750000 56.63% effective overall tax rate(computed on tax on middle of income range) Over $1000000 ........................ $ 573000, plus 63.00% of excess over $1000000 57.30% <=> 63.00% effective overall tax rate as income goes to infinity1935 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 17.250541362 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 69002 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 69002 but not over $ 103503 $ 2760, plus 8.00% of excess over $ 69002 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 103503 but not over $ 138004 $ 5520, plus 9.00% of excess over $ 103503 5.86% effective overall tax rate(computed on tax on middle of income range) Over $ 138004 but not over $ 172505 $ 8625, plus 10.00% of excess over $ 138004 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 172505 but not over $ 207006 $ 12075, plus 11.00% of excess over $ 172505 7.36% effective overall tax rate(computed on tax on middle of income range) Over $ 207006 but not over $ 241508 $ 15870, plus 12.00% of excess over $ 207006 8.00% effective overall tax rate(computed on tax on middle of income range) Over $ 241508 but not over $ 276009 $ 20011, plus 13.00% of excess over $ 241508 8.60% effective overall tax rate(computed on tax on middle of income range) Over $ 276009 but not over $ 310510 $ 24496, plus 15.00% of excess over $ 276009 9.24% effective overall tax rate(computed on tax on middle of income range) Over $ 310510 but not over $ 345011 $ 29671, plus 17.00% of excess over $ 310510 9.95% effective overall tax rate(computed on tax on middle of income range) Over $ 345011 but not over $ 379512 $ 35536, plus 19.00% of excess over $ 345011 10.71% effective overall tax rate(computed on tax on middle of income range) Over $ 379512 but not over $ 448514 $ 42091, plus 21.00% of excess over $ 379512 11.92% effective overall tax rate(computed on tax on middle of income range) Over $ 448514 but not over $ 552017 $ 56582, plus 23.00% of excess over $ 448514 13.69% effective overall tax rate(computed on tax on middle of income range) Over $ 552017 but not over $ 655521 $ 80388, plus 25.00% of excess over $ 552017 15.46% effective overall tax rate(computed on tax on middle of income range) Over $ 655521 but not over $ 759024 $ 106263, plus 28.00% of excess over $ 655521 17.07% effective overall tax rate(computed on tax on middle of income range) Over $ 759024 but not over $ 862527 $ 135244, plus 31.00% of excess over $ 759024 18.66% effective overall tax rate(computed on tax on middle of income range) Over $ 862527 but not over $ 966030 $ 167330, plus 34.00% of excess over $ 862527 20.23% effective overall tax rate(computed on tax on middle of income range) Over $ 966030 but not over $1069534 $ 202521, plus 37.00% of excess over $ 966030 21.78% effective overall tax rate(computed on tax on middle of income range) Over $1069534 but not over $1173037 $ 240818, plus 40.00% of excess over $1069534 23.32% effective overall tax rate(computed on tax on middle of income range) Over $1173037 but not over $1276540 $ 282219, plus 43.00% of excess over $1173037 24.86% effective overall tax rate(computed on tax on middle of income range) Over $1276540 but not over $1380043 $ 326725, plus 46.00% of excess over $1276540 26.39% effective overall tax rate(computed on tax on middle of income range) Over $1380043 but not over $1552549 $ 374337, plus 49.00% of excess over $1380043 28.41% effective overall tax rate(computed on tax on middle of income range) Over $1552549 but not over $1725054 $ 458864, plus 54.00% of excess over $1552549 30.84% effective overall tax rate(computed on tax on middle of income range) Over $1725054 but not over $2587581 $ 552017, plus 56.00% of excess over $1725054 36.80% effective overall tax rate(computed on tax on middle of income range) Over $2587581 but not over $3450108 $1035032, plus 57.00% of excess over $2587581 42.43% effective overall tax rate(computed on tax on middle of income range) Over $3450108 but not over $5175162 $1526673, plus 58.00% of excess over $3450108 47.00% effective overall tax rate(computed on tax on middle of income range) Over $5175162 but not over $6900217 $2527204, plus 59.00% of excess over $5175162 50.29% effective overall tax rate(computed on tax on middle of income range) Over $6900217 but not over $8625271 $3544986, plus 60.00% of excess over $6900217 52.33% effective overall tax rate(computed on tax on middle of income range) Over $8625271 but not over $12937906 $4580019, plus 61.00% of excess over $8625271 54.68% effective overall tax rate(computed on tax on middle of income range) Over $12937906 but not over $17250541 $7210726, plus 62.00% of excess over $12937906 56.63% effective overall tax rate(computed on tax on middle of income range) Over $17250541 ........................$9884560, plus 63.00% of excess over $17250541 57.30% <=> 63.00% effective overall tax rate as income goes to infinity
1935 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1935 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1935 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1935 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1935 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2000 11243 percentage of taxable income= 4.00% for tax year 1935 percentage of 1954 taxes 17.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2400 14134 percentage of taxable income= 4.00% for tax year 1935 percentage of 1954 taxes 16.98% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 2840 17134 percentage of taxable income= 4.06% for tax year 1935 percentage of 1954 taxes 16.57% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 3640 20523 percentage of taxable income= 4.55% for tax year 1935 percentage of 1954 taxes 17.74% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 4440 24009 percentage of taxable income= 4.93% for tax year 1935 percentage of 1954 taxes 18.49% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 5240 27809 percentage of taxable income= 5.24% for tax year 1935 percentage of 1954 taxes 18.84% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 9825 50400 percentage of taxable income= 6.55% for tax year 1935 percentage of 1954 taxes 19.49% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 15100 77586 percentage of taxable income= 7.55% for tax year 1935 percentage of 1954 taxes 19.46% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 21115 107734 percentage of taxable income= 8.45% for tax year 1935 percentage of 1954 taxes 19.60% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 28094 139299 percentage of taxable income= 9.36% for tax year 1935 percentage of 1954 taxes 20.17% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 36484 172445 percentage of taxable income= 10.42% for tax year 1935 percentage of 1954 taxes 21.16% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 46394 207348 percentage of taxable income= 11.60% for tax year 1935 percentage of 1954 taxes 22.37% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 56924 243670 percentage of taxable income= 12.65% for tax year 1935 percentage of 1954 taxes 23.36% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 68424 281170 percentage of taxable income= 13.68% for tax year 1935 percentage of 1954 taxes 24.34% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 92383 358356 percentage of taxable income= 15.40% for tax year 1935 percentage of 1954 taxes 25.78% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 118718 438906 percentage of taxable income= 16.96% for tax year 1935 percentage of 1954 taxes 27.05% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 147947 523100 percentage of taxable income= 18.49% for tax year 1935 percentage of 1954 taxes 28.28% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 180071 610528 percentage of taxable income= 20.01% for tax year 1935 percentage of 1954 taxes 29.49% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 215090 699528 percentage of taxable income= 21.51% for tax year 1935 percentage of 1954 taxes 30.75%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 6000 $ 160, plus 8.00% of excess over $ 4000 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 320, plus 9.00% of excess over $ 6000 5.86% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 500, plus 10.00% of excess over $ 8000 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 700, plus 11.00% of excess over $ 10000 7.36% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 920, plus 12.00% of excess over $ 12000 8.00% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1160, plus 13.00% of excess over $ 14000 8.60% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1420, plus 15.00% of excess over $ 16000 9.24% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 1720, plus 17.00% of excess over $ 18000 9.95% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 2060, plus 19.00% of excess over $ 20000 10.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 2440, plus 21.00% of excess over $ 22000 11.92% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 3280, plus 23.00% of excess over $ 26000 13.69% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 4660, plus 25.00% of excess over $ 32000 15.46% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 6160, plus 28.00% of excess over $ 38000 17.07% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 7840, plus 31.00% of excess over $ 44000 18.66% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 56000 $ 9700, plus 35.00% of excess over $ 50000 20.28% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 62000 $ 11800, plus 39.00% of excess over $ 56000 21.98% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 68000 $ 14140, plus 43.00% of excess over $ 62000 23.74% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 74000 $ 16720, plus 47.00% of excess over $ 68000 25.54% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 80000 $ 19540, plus 51.00% of excess over $ 74000 27.36% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 22600, plus 55.00% of excess over $ 80000 29.82% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 28100, plus 59.00% of excess over $ 90000 32.68% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 34000, plus 62.00% of excess over $ 100000 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 65000, plus 64.00% of excess over $ 150000 46.29% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 250000 $ 97000, plus 66.00% of excess over $ 200000 50.44% effective overall tax rate(computed on tax on middle of income range) Over $ 250000 but not over $ 300000 $ 130000, plus 68.00% of excess over $ 250000 53.45% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 400000 $ 164000, plus 70.00% of excess over $ 300000 56.86% effective overall tax rate(computed on tax on middle of income range) Over $ 400000 but not over $ 500000 $ 234000, plus 72.00% of excess over $ 400000 60.00% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $ 750000 $ 306000, plus 74.00% of excess over $ 500000 63.76% effective overall tax rate(computed on tax on middle of income range) Over $ 750000 but not over $1000000 $ 491000, plus 76.00% of excess over $ 750000 66.97% effective overall tax rate(computed on tax on middle of income range) Over $1000000 but not over $2000000 $ 681000, plus 77.00% of excess over $1000000 71.07% effective overall tax rate(computed on tax on middle of income range) Over $2000000 but not over $5000000 $1451000, plus 78.00% of excess over $2000000 74.89% effective overall tax rate(computed on tax on middle of income range) Over $5000000 ........................ $3791000, plus 79.00% of excess over $5000000 75.82% <=> 79.00% effective overall tax rate as income goes to infinity1936 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 17.002332134 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 68009 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 68009 but not over $ 102014 $ 2720, plus 8.00% of excess over $ 68009 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 102014 but not over $ 136019 $ 5441, plus 9.00% of excess over $ 102014 5.86% effective overall tax rate(computed on tax on middle of income range) Over $ 136019 but not over $ 170023 $ 8501, plus 10.00% of excess over $ 136019 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 170023 but not over $ 204028 $ 11902, plus 11.00% of excess over $ 170023 7.36% effective overall tax rate(computed on tax on middle of income range) Over $ 204028 but not over $ 238033 $ 15642, plus 12.00% of excess over $ 204028 8.00% effective overall tax rate(computed on tax on middle of income range) Over $ 238033 but not over $ 272037 $ 19723, plus 13.00% of excess over $ 238033 8.60% effective overall tax rate(computed on tax on middle of income range) Over $ 272037 but not over $ 306042 $ 24143, plus 15.00% of excess over $ 272037 9.24% effective overall tax rate(computed on tax on middle of income range) Over $ 306042 but not over $ 340047 $ 29244, plus 17.00% of excess over $ 306042 9.95% effective overall tax rate(computed on tax on middle of income range) Over $ 340047 but not over $ 374051 $ 35025, plus 19.00% of excess over $ 340047 10.71% effective overall tax rate(computed on tax on middle of income range) Over $ 374051 but not over $ 442061 $ 41486, plus 21.00% of excess over $ 374051 11.92% effective overall tax rate(computed on tax on middle of income range) Over $ 442061 but not over $ 544075 $ 55768, plus 23.00% of excess over $ 442061 13.69% effective overall tax rate(computed on tax on middle of income range) Over $ 544075 but not over $ 646089 $ 79231, plus 25.00% of excess over $ 544075 15.46% effective overall tax rate(computed on tax on middle of income range) Over $ 646089 but not over $ 748103 $ 104734, plus 28.00% of excess over $ 646089 17.07% effective overall tax rate(computed on tax on middle of income range) Over $ 748103 but not over $ 850117 $ 133298, plus 31.00% of excess over $ 748103 18.66% effective overall tax rate(computed on tax on middle of income range) Over $ 850117 but not over $ 952131 $ 164923, plus 35.00% of excess over $ 850117 20.28% effective overall tax rate(computed on tax on middle of income range) Over $ 952131 but not over $1054145 $ 200628, plus 39.00% of excess over $ 952131 21.98% effective overall tax rate(computed on tax on middle of income range) Over $1054145 but not over $1156159 $ 240413, plus 43.00% of excess over $1054145 23.74% effective overall tax rate(computed on tax on middle of income range) Over $1156159 but not over $1258173 $ 284279, plus 47.00% of excess over $1156159 25.54% effective overall tax rate(computed on tax on middle of income range) Over $1258173 but not over $1360187 $ 332226, plus 51.00% of excess over $1258173 27.36% effective overall tax rate(computed on tax on middle of income range) Over $1360187 but not over $1530210 $ 384253, plus 55.00% of excess over $1360187 29.82% effective overall tax rate(computed on tax on middle of income range) Over $1530210 but not over $1700233 $ 477766, plus 59.00% of excess over $1530210 32.68% effective overall tax rate(computed on tax on middle of income range) Over $1700233 but not over $2550350 $ 578079, plus 62.00% of excess over $1700233 39.60% effective overall tax rate(computed on tax on middle of income range) Over $2550350 but not over $3400466 $1105152, plus 64.00% of excess over $2550350 46.29% effective overall tax rate(computed on tax on middle of income range) Over $3400466 but not over $4250583 $1649226, plus 66.00% of excess over $3400466 50.44% effective overall tax rate(computed on tax on middle of income range) Over $4250583 but not over $5100700 $2210303, plus 68.00% of excess over $4250583 53.45% effective overall tax rate(computed on tax on middle of income range) Over $5100700 but not over $6800933 $2788382, plus 70.00% of excess over $5100700 56.86% effective overall tax rate(computed on tax on middle of income range) Over $6800933 but not over $8501166 $3978546, plus 72.00% of excess over $6800933 60.00% effective overall tax rate(computed on tax on middle of income range) Over $8501166 but not over $12751749 $5202714, plus 74.00% of excess over $8501166 63.76% effective overall tax rate(computed on tax on middle of income range) Over $12751749 but not over $17002332 $8348145, plus 76.00% of excess over $12751749 66.97% effective overall tax rate(computed on tax on middle of income range) Over $17002332 but not over $34004664 $11578588, plus 77.00% of excess over $17002332 71.07% effective overall tax rate(computed on tax on middle of income range) Over $34004664 but not over $85011661 $24670384, plus 78.00% of excess over $34004664 74.89% effective overall tax rate(computed on tax on middle of income range) Over $85011661 ........................$64455841, plus 79.00% of excess over $85011661 75.82% <=> 79.00% effective overall tax rate as income goes to infinity
1936 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1936 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1936 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1936 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1936 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2000 11243 percentage of taxable income= 4.00% for tax year 1936 percentage of 1954 taxes 17.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2400 14134 percentage of taxable income= 4.00% for tax year 1936 percentage of 1954 taxes 16.98% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 2880 17134 percentage of taxable income= 4.11% for tax year 1936 percentage of 1954 taxes 16.81% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 3680 20523 percentage of taxable income= 4.60% for tax year 1936 percentage of 1954 taxes 17.93% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 4480 24009 percentage of taxable income= 4.98% for tax year 1936 percentage of 1954 taxes 18.66% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 5280 27809 percentage of taxable income= 5.28% for tax year 1936 percentage of 1954 taxes 18.99% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 9899 50400 percentage of taxable income= 6.60% for tax year 1936 percentage of 1954 taxes 19.64% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 15199 77586 percentage of taxable income= 7.60% for tax year 1936 percentage of 1954 taxes 19.59% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 21278 107734 percentage of taxable income= 8.51% for tax year 1936 percentage of 1954 taxes 19.75% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 28338 139299 percentage of taxable income= 9.45% for tax year 1936 percentage of 1954 taxes 20.34% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 36916 172445 percentage of taxable income= 10.55% for tax year 1936 percentage of 1954 taxes 21.41% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 46935 207348 percentage of taxable income= 11.73% for tax year 1936 percentage of 1954 taxes 22.64% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 57594 243670 percentage of taxable income= 12.80% for tax year 1936 percentage of 1954 taxes 23.64% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 69094 281170 percentage of taxable income= 13.82% for tax year 1936 percentage of 1954 taxes 24.57% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 93212 358356 percentage of taxable income= 15.54% for tax year 1936 percentage of 1954 taxes 26.01% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 119830 438906 percentage of taxable income= 17.12% for tax year 1936 percentage of 1954 taxes 27.30% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 149386 523100 percentage of taxable income= 18.67% for tax year 1936 percentage of 1954 taxes 28.56% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 182382 610528 percentage of taxable income= 20.26% for tax year 1936 percentage of 1954 taxes 29.87% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 219297 699528 percentage of taxable income= 21.93% for tax year 1936 percentage of 1954 taxes 31.35%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 6000 $ 160, plus 8.00% of excess over $ 4000 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 320, plus 9.00% of excess over $ 6000 5.86% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 500, plus 10.00% of excess over $ 8000 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 700, plus 11.00% of excess over $ 10000 7.36% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 920, plus 12.00% of excess over $ 12000 8.00% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1160, plus 13.00% of excess over $ 14000 8.60% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1420, plus 15.00% of excess over $ 16000 9.24% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 1720, plus 17.00% of excess over $ 18000 9.95% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 2060, plus 19.00% of excess over $ 20000 10.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 2440, plus 21.00% of excess over $ 22000 11.92% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 3280, plus 23.00% of excess over $ 26000 13.69% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 4660, plus 25.00% of excess over $ 32000 15.46% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 6160, plus 28.00% of excess over $ 38000 17.07% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 7840, plus 31.00% of excess over $ 44000 18.66% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 56000 $ 9700, plus 35.00% of excess over $ 50000 20.28% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 62000 $ 11800, plus 39.00% of excess over $ 56000 21.98% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 68000 $ 14140, plus 43.00% of excess over $ 62000 23.74% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 74000 $ 16720, plus 47.00% of excess over $ 68000 25.54% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 80000 $ 19540, plus 51.00% of excess over $ 74000 27.36% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 22600, plus 55.00% of excess over $ 80000 29.82% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 28100, plus 59.00% of excess over $ 90000 32.68% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 34000, plus 62.00% of excess over $ 100000 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 65000, plus 64.00% of excess over $ 150000 46.29% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 250000 $ 97000, plus 66.00% of excess over $ 200000 50.44% effective overall tax rate(computed on tax on middle of income range) Over $ 250000 but not over $ 300000 $ 130000, plus 68.00% of excess over $ 250000 53.45% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 400000 $ 164000, plus 70.00% of excess over $ 300000 56.86% effective overall tax rate(computed on tax on middle of income range) Over $ 400000 but not over $ 500000 $ 234000, plus 72.00% of excess over $ 400000 60.00% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $ 750000 $ 306000, plus 74.00% of excess over $ 500000 63.76% effective overall tax rate(computed on tax on middle of income range) Over $ 750000 but not over $1000000 $ 491000, plus 76.00% of excess over $ 750000 66.97% effective overall tax rate(computed on tax on middle of income range) Over $1000000 but not over $2000000 $ 681000, plus 77.00% of excess over $1000000 71.07% effective overall tax rate(computed on tax on middle of income range) Over $2000000 but not over $5000000 $1451000, plus 78.00% of excess over $2000000 74.89% effective overall tax rate(computed on tax on middle of income range) Over $5000000 ........................ $3791000, plus 79.00% of excess over $5000000 75.82% <=> 79.00% effective overall tax rate as income goes to infinity1937 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 16.411973379 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 65648 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 65648 but not over $ 98472 $ 2626, plus 8.00% of excess over $ 65648 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 98472 but not over $ 131296 $ 5252, plus 9.00% of excess over $ 98472 5.86% effective overall tax rate(computed on tax on middle of income range) Over $ 131296 but not over $ 164120 $ 8206, plus 10.00% of excess over $ 131296 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 164120 but not over $ 196944 $ 11488, plus 11.00% of excess over $ 164120 7.36% effective overall tax rate(computed on tax on middle of income range) Over $ 196944 but not over $ 229768 $ 15099, plus 12.00% of excess over $ 196944 8.00% effective overall tax rate(computed on tax on middle of income range) Over $ 229768 but not over $ 262592 $ 19038, plus 13.00% of excess over $ 229768 8.60% effective overall tax rate(computed on tax on middle of income range) Over $ 262592 but not over $ 295416 $ 23305, plus 15.00% of excess over $ 262592 9.24% effective overall tax rate(computed on tax on middle of income range) Over $ 295416 but not over $ 328239 $ 28229, plus 17.00% of excess over $ 295416 9.95% effective overall tax rate(computed on tax on middle of income range) Over $ 328239 but not over $ 361063 $ 33809, plus 19.00% of excess over $ 328239 10.71% effective overall tax rate(computed on tax on middle of income range) Over $ 361063 but not over $ 426711 $ 40045, plus 21.00% of excess over $ 361063 11.92% effective overall tax rate(computed on tax on middle of income range) Over $ 426711 but not over $ 525183 $ 53831, plus 23.00% of excess over $ 426711 13.69% effective overall tax rate(computed on tax on middle of income range) Over $ 525183 but not over $ 623655 $ 76480, plus 25.00% of excess over $ 525183 15.46% effective overall tax rate(computed on tax on middle of income range) Over $ 623655 but not over $ 722127 $ 101098, plus 28.00% of excess over $ 623655 17.07% effective overall tax rate(computed on tax on middle of income range) Over $ 722127 but not over $ 820599 $ 128670, plus 31.00% of excess over $ 722127 18.66% effective overall tax rate(computed on tax on middle of income range) Over $ 820599 but not over $ 919071 $ 159196, plus 35.00% of excess over $ 820599 20.28% effective overall tax rate(computed on tax on middle of income range) Over $ 919071 but not over $1017542 $ 193661, plus 39.00% of excess over $ 919071 21.98% effective overall tax rate(computed on tax on middle of income range) Over $1017542 but not over $1116014 $ 232065, plus 43.00% of excess over $1017542 23.74% effective overall tax rate(computed on tax on middle of income range) Over $1116014 but not over $1214486 $ 274408, plus 47.00% of excess over $1116014 25.54% effective overall tax rate(computed on tax on middle of income range) Over $1214486 but not over $1312958 $ 320690, plus 51.00% of excess over $1214486 27.36% effective overall tax rate(computed on tax on middle of income range) Over $1312958 but not over $1477078 $ 370911, plus 55.00% of excess over $1312958 29.82% effective overall tax rate(computed on tax on middle of income range) Over $1477078 but not over $1641197 $ 461176, plus 59.00% of excess over $1477078 32.68% effective overall tax rate(computed on tax on middle of income range) Over $1641197 but not over $2461796 $ 558007, plus 62.00% of excess over $1641197 39.60% effective overall tax rate(computed on tax on middle of income range) Over $2461796 but not over $3282395 $1066778, plus 64.00% of excess over $2461796 46.29% effective overall tax rate(computed on tax on middle of income range) Over $3282395 but not over $4102993 $1591961, plus 66.00% of excess over $3282395 50.44% effective overall tax rate(computed on tax on middle of income range) Over $4102993 but not over $4923592 $2133557, plus 68.00% of excess over $4102993 53.45% effective overall tax rate(computed on tax on middle of income range) Over $4923592 but not over $6564789 $2691564, plus 70.00% of excess over $4923592 56.86% effective overall tax rate(computed on tax on middle of income range) Over $6564789 but not over $8205987 $3840402, plus 72.00% of excess over $6564789 60.00% effective overall tax rate(computed on tax on middle of income range) Over $8205987 but not over $12308980 $5022064, plus 74.00% of excess over $8205987 63.76% effective overall tax rate(computed on tax on middle of income range) Over $12308980 but not over $16411973 $8058279, plus 76.00% of excess over $12308980 66.97% effective overall tax rate(computed on tax on middle of income range) Over $16411973 but not over $32823947 $11176554, plus 77.00% of excess over $16411973 71.07% effective overall tax rate(computed on tax on middle of income range) Over $32823947 but not over $82059867 $23813773, plus 78.00% of excess over $32823947 74.89% effective overall tax rate(computed on tax on middle of income range) Over $82059867 ........................$62217791, plus 79.00% of excess over $82059867 75.82% <=> 79.00% effective overall tax rate as income goes to infinity
1937 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1937 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1937 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1937 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1937 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2000 11243 percentage of taxable income= 4.00% for tax year 1937 percentage of 1954 taxes 17.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2400 14134 percentage of taxable income= 4.00% for tax year 1937 percentage of 1954 taxes 16.98% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 2974 17134 percentage of taxable income= 4.25% for tax year 1937 percentage of 1954 taxes 17.36% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 3774 20523 percentage of taxable income= 4.72% for tax year 1937 percentage of 1954 taxes 18.39% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 4574 24009 percentage of taxable income= 5.08% for tax year 1937 percentage of 1954 taxes 19.05% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 5389 27809 percentage of taxable income= 5.39% for tax year 1937 percentage of 1954 taxes 19.38% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 10076 50400 percentage of taxable income= 6.72% for tax year 1937 percentage of 1954 taxes 19.99% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 15466 77586 percentage of taxable income= 7.73% for tax year 1937 percentage of 1954 taxes 19.93% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 21668 107734 percentage of taxable income= 8.67% for tax year 1937 percentage of 1954 taxes 20.11% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 29008 139299 percentage of taxable income= 9.67% for tax year 1937 percentage of 1954 taxes 20.82% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 37943 172445 percentage of taxable income= 10.84% for tax year 1937 percentage of 1954 taxes 22.00% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 48222 207348 percentage of taxable income= 12.06% for tax year 1937 percentage of 1954 taxes 23.26% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 59188 243670 percentage of taxable income= 13.15% for tax year 1937 percentage of 1954 taxes 24.29% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 70688 281170 percentage of taxable income= 14.14% for tax year 1937 percentage of 1954 taxes 25.14% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 95184 358356 percentage of taxable income= 15.86% for tax year 1937 percentage of 1954 taxes 26.56% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 122474 438906 percentage of taxable income= 17.50% for tax year 1937 percentage of 1954 taxes 27.90% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 152811 523100 percentage of taxable income= 19.10% for tax year 1937 percentage of 1954 taxes 29.21% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 186987 610528 percentage of taxable income= 20.78% for tax year 1937 percentage of 1954 taxes 30.63% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 225224 699528 percentage of taxable income= 22.52% for tax year 1937 percentage of 1954 taxes 32.20%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 6000 $ 160, plus 8.00% of excess over $ 4000 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 320, plus 9.00% of excess over $ 6000 5.86% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 500, plus 10.00% of excess over $ 8000 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 700, plus 11.00% of excess over $ 10000 7.36% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 920, plus 12.00% of excess over $ 12000 8.00% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1160, plus 13.00% of excess over $ 14000 8.60% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1420, plus 15.00% of excess over $ 16000 9.24% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 1720, plus 17.00% of excess over $ 18000 9.95% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 2060, plus 19.00% of excess over $ 20000 10.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 2440, plus 21.00% of excess over $ 22000 11.92% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 3280, plus 23.00% of excess over $ 26000 13.69% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 4660, plus 25.00% of excess over $ 32000 15.46% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 6160, plus 28.00% of excess over $ 38000 17.07% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 7840, plus 31.00% of excess over $ 44000 18.66% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 56000 $ 9700, plus 35.00% of excess over $ 50000 20.28% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 62000 $ 11800, plus 39.00% of excess over $ 56000 21.98% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 68000 $ 14140, plus 43.00% of excess over $ 62000 23.74% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 74000 $ 16720, plus 47.00% of excess over $ 68000 25.54% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 80000 $ 19540, plus 51.00% of excess over $ 74000 27.36% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 22600, plus 55.00% of excess over $ 80000 29.82% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 28100, plus 59.00% of excess over $ 90000 32.68% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 34000, plus 62.00% of excess over $ 100000 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 65000, plus 64.00% of excess over $ 150000 46.29% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 250000 $ 97000, plus 66.00% of excess over $ 200000 50.44% effective overall tax rate(computed on tax on middle of income range) Over $ 250000 but not over $ 300000 $ 130000, plus 68.00% of excess over $ 250000 53.45% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 400000 $ 164000, plus 70.00% of excess over $ 300000 56.86% effective overall tax rate(computed on tax on middle of income range) Over $ 400000 but not over $ 500000 $ 234000, plus 72.00% of excess over $ 400000 60.00% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $ 750000 $ 306000, plus 74.00% of excess over $ 500000 63.76% effective overall tax rate(computed on tax on middle of income range) Over $ 750000 but not over $1000000 $ 491000, plus 76.00% of excess over $ 750000 66.97% effective overall tax rate(computed on tax on middle of income range) Over $1000000 but not over $2000000 $ 681000, plus 77.00% of excess over $1000000 71.07% effective overall tax rate(computed on tax on middle of income range) Over $2000000 but not over $5000000 $1451000, plus 78.00% of excess over $2000000 74.89% effective overall tax rate(computed on tax on middle of income range) Over $5000000 ........................ $3791000, plus 79.00% of excess over $5000000 75.82% <=> 79.00% effective overall tax rate as income goes to infinity1938 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 16.761164303 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 67045 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 67045 but not over $ 100567 $ 2682, plus 8.00% of excess over $ 67045 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 100567 but not over $ 134089 $ 5364, plus 9.00% of excess over $ 100567 5.86% effective overall tax rate(computed on tax on middle of income range) Over $ 134089 but not over $ 167612 $ 8381, plus 10.00% of excess over $ 134089 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 167612 but not over $ 201134 $ 11733, plus 11.00% of excess over $ 167612 7.36% effective overall tax rate(computed on tax on middle of income range) Over $ 201134 but not over $ 234656 $ 15420, plus 12.00% of excess over $ 201134 8.00% effective overall tax rate(computed on tax on middle of income range) Over $ 234656 but not over $ 268179 $ 19443, plus 13.00% of excess over $ 234656 8.60% effective overall tax rate(computed on tax on middle of income range) Over $ 268179 but not over $ 301701 $ 23801, plus 15.00% of excess over $ 268179 9.24% effective overall tax rate(computed on tax on middle of income range) Over $ 301701 but not over $ 335223 $ 28829, plus 17.00% of excess over $ 301701 9.95% effective overall tax rate(computed on tax on middle of income range) Over $ 335223 but not over $ 368746 $ 34528, plus 19.00% of excess over $ 335223 10.71% effective overall tax rate(computed on tax on middle of income range) Over $ 368746 but not over $ 435790 $ 40897, plus 21.00% of excess over $ 368746 11.92% effective overall tax rate(computed on tax on middle of income range) Over $ 435790 but not over $ 536357 $ 54977, plus 23.00% of excess over $ 435790 13.69% effective overall tax rate(computed on tax on middle of income range) Over $ 536357 but not over $ 636924 $ 78107, plus 25.00% of excess over $ 536357 15.46% effective overall tax rate(computed on tax on middle of income range) Over $ 636924 but not over $ 737491 $ 103249, plus 28.00% of excess over $ 636924 17.07% effective overall tax rate(computed on tax on middle of income range) Over $ 737491 but not over $ 838058 $ 131408, plus 31.00% of excess over $ 737491 18.66% effective overall tax rate(computed on tax on middle of income range) Over $ 838058 but not over $ 938625 $ 162583, plus 35.00% of excess over $ 838058 20.28% effective overall tax rate(computed on tax on middle of income range) Over $ 938625 but not over $1039192 $ 197782, plus 39.00% of excess over $ 938625 21.98% effective overall tax rate(computed on tax on middle of income range) Over $1039192 but not over $1139759 $ 237003, plus 43.00% of excess over $1039192 23.74% effective overall tax rate(computed on tax on middle of income range) Over $1139759 but not over $1240326 $ 280247, plus 47.00% of excess over $1139759 25.54% effective overall tax rate(computed on tax on middle of income range) Over $1240326 but not over $1340893 $ 327513, plus 51.00% of excess over $1240326 27.36% effective overall tax rate(computed on tax on middle of income range) Over $1340893 but not over $1508505 $ 378802, plus 55.00% of excess over $1340893 29.82% effective overall tax rate(computed on tax on middle of income range) Over $1508505 but not over $1676116 $ 470989, plus 59.00% of excess over $1508505 32.68% effective overall tax rate(computed on tax on middle of income range) Over $1676116 but not over $2514175 $ 569880, plus 62.00% of excess over $1676116 39.60% effective overall tax rate(computed on tax on middle of income range) Over $2514175 but not over $3352233 $1089476, plus 64.00% of excess over $2514175 46.29% effective overall tax rate(computed on tax on middle of income range) Over $3352233 but not over $4190291 $1625833, plus 66.00% of excess over $3352233 50.44% effective overall tax rate(computed on tax on middle of income range) Over $4190291 but not over $5028349 $2178951, plus 68.00% of excess over $4190291 53.45% effective overall tax rate(computed on tax on middle of income range) Over $5028349 but not over $6704466 $2748831, plus 70.00% of excess over $5028349 56.86% effective overall tax rate(computed on tax on middle of income range) Over $6704466 but not over $8380582 $3922112, plus 72.00% of excess over $6704466 60.00% effective overall tax rate(computed on tax on middle of income range) Over $8380582 but not over $12570873 $5128916, plus 74.00% of excess over $8380582 63.76% effective overall tax rate(computed on tax on middle of income range) Over $12570873 but not over $16761164 $8229732, plus 76.00% of excess over $12570873 66.97% effective overall tax rate(computed on tax on middle of income range) Over $16761164 but not over $33522329 $11414353, plus 77.00% of excess over $16761164 71.07% effective overall tax rate(computed on tax on middle of income range) Over $33522329 but not over $83805822 $24320449, plus 78.00% of excess over $33522329 74.89% effective overall tax rate(computed on tax on middle of income range) Over $83805822 ........................$63541574, plus 79.00% of excess over $83805822 75.82% <=> 79.00% effective overall tax rate as income goes to infinity
1938 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1938 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1938 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1938 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1938 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2000 11243 percentage of taxable income= 4.00% for tax year 1938 percentage of 1954 taxes 17.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2400 14134 percentage of taxable income= 4.00% for tax year 1938 percentage of 1954 taxes 16.98% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 2918 17134 percentage of taxable income= 4.17% for tax year 1938 percentage of 1954 taxes 17.03% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 3718 20523 percentage of taxable income= 4.65% for tax year 1938 percentage of 1954 taxes 18.12% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 4518 24009 percentage of taxable income= 5.02% for tax year 1938 percentage of 1954 taxes 18.82% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 5318 27809 percentage of taxable income= 5.32% for tax year 1938 percentage of 1954 taxes 19.12% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 9972 50400 percentage of taxable income= 6.65% for tax year 1938 percentage of 1954 taxes 19.78% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 15296 77586 percentage of taxable income= 7.65% for tax year 1938 percentage of 1954 taxes 19.71% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 21438 107734 percentage of taxable income= 8.58% for tax year 1938 percentage of 1954 taxes 19.90% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 28574 139299 percentage of taxable income= 9.52% for tax year 1938 percentage of 1954 taxes 20.51% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 37336 172445 percentage of taxable income= 10.67% for tax year 1938 percentage of 1954 taxes 21.65% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 47461 207348 percentage of taxable income= 11.87% for tax year 1938 percentage of 1954 taxes 22.89% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 58245 243670 percentage of taxable income= 12.94% for tax year 1938 percentage of 1954 taxes 23.90% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 69745 281170 percentage of taxable income= 13.95% for tax year 1938 percentage of 1954 taxes 24.81% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 94018 358356 percentage of taxable income= 15.67% for tax year 1938 percentage of 1954 taxes 26.24% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 120910 438906 percentage of taxable income= 17.27% for tax year 1938 percentage of 1954 taxes 27.55% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 150785 523100 percentage of taxable income= 18.85% for tax year 1938 percentage of 1954 taxes 28.83% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 184263 610528 percentage of taxable income= 20.47% for tax year 1938 percentage of 1954 taxes 30.18% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 221718 699528 percentage of taxable income= 22.17% for tax year 1938 percentage of 1954 taxes 31.70%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 6000 $ 160, plus 8.00% of excess over $ 4000 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 320, plus 9.00% of excess over $ 6000 5.86% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 500, plus 10.00% of excess over $ 8000 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 700, plus 11.00% of excess over $ 10000 7.36% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 920, plus 12.00% of excess over $ 12000 8.00% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1160, plus 13.00% of excess over $ 14000 8.60% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1420, plus 15.00% of excess over $ 16000 9.24% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 1720, plus 17.00% of excess over $ 18000 9.95% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 2060, plus 19.00% of excess over $ 20000 10.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 2440, plus 21.00% of excess over $ 22000 11.92% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 3280, plus 23.00% of excess over $ 26000 13.69% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 4660, plus 25.00% of excess over $ 32000 15.46% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 6160, plus 28.00% of excess over $ 38000 17.07% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 7840, plus 31.00% of excess over $ 44000 18.66% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 56000 $ 9700, plus 35.00% of excess over $ 50000 20.28% effective overall tax rate(computed on tax on middle of income range) Over $ 56000 but not over $ 62000 $ 11800, plus 39.00% of excess over $ 56000 21.98% effective overall tax rate(computed on tax on middle of income range) Over $ 62000 but not over $ 68000 $ 14140, plus 43.00% of excess over $ 62000 23.74% effective overall tax rate(computed on tax on middle of income range) Over $ 68000 but not over $ 74000 $ 16720, plus 47.00% of excess over $ 68000 25.54% effective overall tax rate(computed on tax on middle of income range) Over $ 74000 but not over $ 80000 $ 19540, plus 51.00% of excess over $ 74000 27.36% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 22600, plus 55.00% of excess over $ 80000 29.82% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 28100, plus 59.00% of excess over $ 90000 32.68% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 34000, plus 62.00% of excess over $ 100000 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 65000, plus 64.00% of excess over $ 150000 46.29% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 250000 $ 97000, plus 66.00% of excess over $ 200000 50.44% effective overall tax rate(computed on tax on middle of income range) Over $ 250000 but not over $ 300000 $ 130000, plus 68.00% of excess over $ 250000 53.45% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 400000 $ 164000, plus 70.00% of excess over $ 300000 56.86% effective overall tax rate(computed on tax on middle of income range) Over $ 400000 but not over $ 500000 $ 234000, plus 72.00% of excess over $ 400000 60.00% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $ 750000 $ 306000, plus 74.00% of excess over $ 500000 63.76% effective overall tax rate(computed on tax on middle of income range) Over $ 750000 but not over $1000000 $ 491000, plus 76.00% of excess over $ 750000 66.97% effective overall tax rate(computed on tax on middle of income range) Over $1000000 but not over $2000000 $ 681000, plus 77.00% of excess over $1000000 71.07% effective overall tax rate(computed on tax on middle of income range) Over $2000000 but not over $5000000 $1451000, plus 78.00% of excess over $2000000 74.89% effective overall tax rate(computed on tax on middle of income range) Over $5000000 ........................ $3791000, plus 79.00% of excess over $5000000 75.82% <=> 79.00% effective overall tax rate as income goes to infinity1939 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 17.002332134 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 68009 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 68009 but not over $ 102014 $ 2720, plus 8.00% of excess over $ 68009 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 102014 but not over $ 136019 $ 5441, plus 9.00% of excess over $ 102014 5.86% effective overall tax rate(computed on tax on middle of income range) Over $ 136019 but not over $ 170023 $ 8501, plus 10.00% of excess over $ 136019 6.67% effective overall tax rate(computed on tax on middle of income range) Over $ 170023 but not over $ 204028 $ 11902, plus 11.00% of excess over $ 170023 7.36% effective overall tax rate(computed on tax on middle of income range) Over $ 204028 but not over $ 238033 $ 15642, plus 12.00% of excess over $ 204028 8.00% effective overall tax rate(computed on tax on middle of income range) Over $ 238033 but not over $ 272037 $ 19723, plus 13.00% of excess over $ 238033 8.60% effective overall tax rate(computed on tax on middle of income range) Over $ 272037 but not over $ 306042 $ 24143, plus 15.00% of excess over $ 272037 9.24% effective overall tax rate(computed on tax on middle of income range) Over $ 306042 but not over $ 340047 $ 29244, plus 17.00% of excess over $ 306042 9.95% effective overall tax rate(computed on tax on middle of income range) Over $ 340047 but not over $ 374051 $ 35025, plus 19.00% of excess over $ 340047 10.71% effective overall tax rate(computed on tax on middle of income range) Over $ 374051 but not over $ 442061 $ 41486, plus 21.00% of excess over $ 374051 11.92% effective overall tax rate(computed on tax on middle of income range) Over $ 442061 but not over $ 544075 $ 55768, plus 23.00% of excess over $ 442061 13.69% effective overall tax rate(computed on tax on middle of income range) Over $ 544075 but not over $ 646089 $ 79231, plus 25.00% of excess over $ 544075 15.46% effective overall tax rate(computed on tax on middle of income range) Over $ 646089 but not over $ 748103 $ 104734, plus 28.00% of excess over $ 646089 17.07% effective overall tax rate(computed on tax on middle of income range) Over $ 748103 but not over $ 850117 $ 133298, plus 31.00% of excess over $ 748103 18.66% effective overall tax rate(computed on tax on middle of income range) Over $ 850117 but not over $ 952131 $ 164923, plus 35.00% of excess over $ 850117 20.28% effective overall tax rate(computed on tax on middle of income range) Over $ 952131 but not over $1054145 $ 200628, plus 39.00% of excess over $ 952131 21.98% effective overall tax rate(computed on tax on middle of income range) Over $1054145 but not over $1156159 $ 240413, plus 43.00% of excess over $1054145 23.74% effective overall tax rate(computed on tax on middle of income range) Over $1156159 but not over $1258173 $ 284279, plus 47.00% of excess over $1156159 25.54% effective overall tax rate(computed on tax on middle of income range) Over $1258173 but not over $1360187 $ 332226, plus 51.00% of excess over $1258173 27.36% effective overall tax rate(computed on tax on middle of income range) Over $1360187 but not over $1530210 $ 384253, plus 55.00% of excess over $1360187 29.82% effective overall tax rate(computed on tax on middle of income range) Over $1530210 but not over $1700233 $ 477766, plus 59.00% of excess over $1530210 32.68% effective overall tax rate(computed on tax on middle of income range) Over $1700233 but not over $2550350 $ 578079, plus 62.00% of excess over $1700233 39.60% effective overall tax rate(computed on tax on middle of income range) Over $2550350 but not over $3400466 $1105152, plus 64.00% of excess over $2550350 46.29% effective overall tax rate(computed on tax on middle of income range) Over $3400466 but not over $4250583 $1649226, plus 66.00% of excess over $3400466 50.44% effective overall tax rate(computed on tax on middle of income range) Over $4250583 but not over $5100700 $2210303, plus 68.00% of excess over $4250583 53.45% effective overall tax rate(computed on tax on middle of income range) Over $5100700 but not over $6800933 $2788382, plus 70.00% of excess over $5100700 56.86% effective overall tax rate(computed on tax on middle of income range) Over $6800933 but not over $8501166 $3978546, plus 72.00% of excess over $6800933 60.00% effective overall tax rate(computed on tax on middle of income range) Over $8501166 but not over $12751749 $5202714, plus 74.00% of excess over $8501166 63.76% effective overall tax rate(computed on tax on middle of income range) Over $12751749 but not over $17002332 $8348145, plus 76.00% of excess over $12751749 66.97% effective overall tax rate(computed on tax on middle of income range) Over $17002332 but not over $34004664 $11578588, plus 77.00% of excess over $17002332 71.07% effective overall tax rate(computed on tax on middle of income range) Over $34004664 but not over $85011661 $24670384, plus 78.00% of excess over $34004664 74.89% effective overall tax rate(computed on tax on middle of income range) Over $85011661 ........................$64455841, plus 79.00% of excess over $85011661 75.82% <=> 79.00% effective overall tax rate as income goes to infinity
1939 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1939 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1939 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1939 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1939 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2000 11243 percentage of taxable income= 4.00% for tax year 1939 percentage of 1954 taxes 17.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2400 14134 percentage of taxable income= 4.00% for tax year 1939 percentage of 1954 taxes 16.98% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 2880 17134 percentage of taxable income= 4.11% for tax year 1939 percentage of 1954 taxes 16.81% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 3680 20523 percentage of taxable income= 4.60% for tax year 1939 percentage of 1954 taxes 17.93% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 4480 24009 percentage of taxable income= 4.98% for tax year 1939 percentage of 1954 taxes 18.66% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 5280 27809 percentage of taxable income= 5.28% for tax year 1939 percentage of 1954 taxes 18.99% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 9899 50400 percentage of taxable income= 6.60% for tax year 1939 percentage of 1954 taxes 19.64% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 15199 77586 percentage of taxable income= 7.60% for tax year 1939 percentage of 1954 taxes 19.59% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 21278 107734 percentage of taxable income= 8.51% for tax year 1939 percentage of 1954 taxes 19.75% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 28338 139299 percentage of taxable income= 9.45% for tax year 1939 percentage of 1954 taxes 20.34% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 36916 172445 percentage of taxable income= 10.55% for tax year 1939 percentage of 1954 taxes 21.41% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 46935 207348 percentage of taxable income= 11.73% for tax year 1939 percentage of 1954 taxes 22.64% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 57594 243670 percentage of taxable income= 12.80% for tax year 1939 percentage of 1954 taxes 23.64% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 69094 281170 percentage of taxable income= 13.82% for tax year 1939 percentage of 1954 taxes 24.57% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 93212 358356 percentage of taxable income= 15.54% for tax year 1939 percentage of 1954 taxes 26.01% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 119830 438906 percentage of taxable income= 17.12% for tax year 1939 percentage of 1954 taxes 27.30% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 149386 523100 percentage of taxable income= 18.67% for tax year 1939 percentage of 1954 taxes 28.56% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 182382 610528 percentage of taxable income= 20.26% for tax year 1939 percentage of 1954 taxes 29.87% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 219297 699528 percentage of taxable income= 21.93% for tax year 1939 percentage of 1954 taxes 31.35%
Not over $ 4000 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 4000 but not over $ 6000 $ 160, plus 8.00% of excess over $ 4000 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 320, plus 10.00% of excess over $ 6000 6.00% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 520, plus 12.00% of excess over $ 8000 7.11% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 760, plus 14.00% of excess over $ 10000 8.18% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 1040, plus 16.00% of excess over $ 12000 9.23% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 1360, plus 19.00% of excess over $ 14000 10.33% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 1740, plus 22.00% of excess over $ 16000 11.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 2180, plus 25.00% of excess over $ 18000 12.79% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 2680, plus 28.00% of excess over $ 20000 14.10% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 3240, plus 31.00% of excess over $ 22000 16.08% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 4480, plus 34.00% of excess over $ 26000 18.97% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 6520, plus 37.00% of excess over $ 32000 21.80% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 8740, plus 40.00% of excess over $ 38000 24.24% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 11140, plus 44.00% of excess over $ 44000 26.51% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 13780, plus 48.00% of excess over $ 50000 29.42% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 18580, plus 51.00% of excess over $ 60000 32.51% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 23680, plus 54.00% of excess over $ 70000 35.17% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 29080, plus 57.00% of excess over $ 80000 37.56% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 34780, plus 60.00% of excess over $ 90000 39.77% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 40780, plus 62.00% of excess over $ 100000 45.02% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 71780, plus 64.00% of excess over $ 150000 50.16% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 250000 $ 103780, plus 66.00% of excess over $ 200000 53.46% effective overall tax rate(computed on tax on middle of income range) Over $ 250000 but not over $ 300000 $ 136780, plus 68.00% of excess over $ 250000 55.92% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 400000 $ 170780, plus 70.00% of excess over $ 300000 58.79% effective overall tax rate(computed on tax on middle of income range) Over $ 400000 but not over $ 500000 $ 240780, plus 72.00% of excess over $ 400000 61.51% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $ 750000 $ 312780, plus 74.00% of excess over $ 500000 64.84% effective overall tax rate(computed on tax on middle of income range) Over $ 750000 but not over $1000000 $ 497780, plus 76.00% of excess over $ 750000 67.75% effective overall tax rate(computed on tax on middle of income range) Over $1000000 but not over $2000000 $ 687780, plus 77.00% of excess over $1000000 71.52% effective overall tax rate(computed on tax on middle of income range) Over $2000000 but not over $5000000 $1457780, plus 78.00% of excess over $2000000 75.08% effective overall tax rate(computed on tax on middle of income range) Over $5000000 ........................ $3797780, plus 79.00% of excess over $5000000 75.96% <=> 79.00% effective overall tax rate as income goes to infinity1940 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 16.880886904 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 67524 ................................... 4.00% of the taxable income 4.00% effective overall tax rate Over $ 67524 but not over $ 101285 $ 2701, plus 8.00% of excess over $ 67524 4.80% effective overall tax rate(computed on tax on middle of income range) Over $ 101285 but not over $ 135047 $ 5402, plus 10.00% of excess over $ 101285 6.00% effective overall tax rate(computed on tax on middle of income range) Over $ 135047 but not over $ 168809 $ 8778, plus 12.00% of excess over $ 135047 7.11% effective overall tax rate(computed on tax on middle of income range) Over $ 168809 but not over $ 202571 $ 12829, plus 14.00% of excess over $ 168809 8.18% effective overall tax rate(computed on tax on middle of income range) Over $ 202571 but not over $ 236332 $ 17556, plus 16.00% of excess over $ 202571 9.23% effective overall tax rate(computed on tax on middle of income range) Over $ 236332 but not over $ 270094 $ 22958, plus 19.00% of excess over $ 236332 10.33% effective overall tax rate(computed on tax on middle of income range) Over $ 270094 but not over $ 303856 $ 29373, plus 22.00% of excess over $ 270094 11.53% effective overall tax rate(computed on tax on middle of income range) Over $ 303856 but not over $ 337618 $ 36800, plus 25.00% of excess over $ 303856 12.79% effective overall tax rate(computed on tax on middle of income range) Over $ 337618 but not over $ 371380 $ 45241, plus 28.00% of excess over $ 337618 14.10% effective overall tax rate(computed on tax on middle of income range) Over $ 371380 but not over $ 438903 $ 54694, plus 31.00% of excess over $ 371380 16.08% effective overall tax rate(computed on tax on middle of income range) Over $ 438903 but not over $ 540188 $ 75626, plus 34.00% of excess over $ 438903 18.97% effective overall tax rate(computed on tax on middle of income range) Over $ 540188 but not over $ 641474 $ 110063, plus 37.00% of excess over $ 540188 21.80% effective overall tax rate(computed on tax on middle of income range) Over $ 641474 but not over $ 742759 $ 147539, plus 40.00% of excess over $ 641474 24.24% effective overall tax rate(computed on tax on middle of income range) Over $ 742759 but not over $ 844044 $ 188053, plus 44.00% of excess over $ 742759 26.51% effective overall tax rate(computed on tax on middle of income range) Over $ 844044 but not over $1012853 $ 232619, plus 48.00% of excess over $ 844044 29.42% effective overall tax rate(computed on tax on middle of income range) Over $1012853 but not over $1181662 $ 313647, plus 51.00% of excess over $1012853 32.51% effective overall tax rate(computed on tax on middle of income range) Over $1181662 but not over $1350471 $ 399739, plus 54.00% of excess over $1181662 35.17% effective overall tax rate(computed on tax on middle of income range) Over $1350471 but not over $1519280 $ 490896, plus 57.00% of excess over $1350471 37.56% effective overall tax rate(computed on tax on middle of income range) Over $1519280 but not over $1688089 $ 587117, plus 60.00% of excess over $1519280 39.77% effective overall tax rate(computed on tax on middle of income range) Over $1688089 but not over $2532133 $ 688403, plus 62.00% of excess over $1688089 45.02% effective overall tax rate(computed on tax on middle of income range) Over $2532133 but not over $3376177 $1211710, plus 64.00% of excess over $2532133 50.16% effective overall tax rate(computed on tax on middle of income range) Over $3376177 but not over $4220222 $1751898, plus 66.00% of excess over $3376177 53.46% effective overall tax rate(computed on tax on middle of income range) Over $4220222 but not over $5064266 $2308968, plus 68.00% of excess over $4220222 55.92% effective overall tax rate(computed on tax on middle of income range) Over $5064266 but not over $6752355 $2882918, plus 70.00% of excess over $5064266 58.79% effective overall tax rate(computed on tax on middle of income range) Over $6752355 but not over $8440443 $4064580, plus 72.00% of excess over $6752355 61.51% effective overall tax rate(computed on tax on middle of income range) Over $8440443 but not over $12660665 $5280004, plus 74.00% of excess over $8440443 64.84% effective overall tax rate(computed on tax on middle of income range) Over $12660665 but not over $16880887 $8402968, plus 76.00% of excess over $12660665 67.75% effective overall tax rate(computed on tax on middle of income range) Over $16880887 but not over $33761774 $11610336, plus 77.00% of excess over $16880887 71.52% effective overall tax rate(computed on tax on middle of income range) Over $33761774 but not over $84404435 $24608619, plus 78.00% of excess over $33761774 75.08% effective overall tax rate(computed on tax on middle of income range) Over $84404435 ........................$64109895, plus 79.00% of excess over $84404435 75.96% <=> 79.00% effective overall tax rate as income goes to infinity
1940 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 400 2000 percentage of taxable income= 4.00% for tax year 1940 percentage of 1954 taxes 20.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 800 4049 percentage of taxable income= 4.00% for tax year 1940 percentage of 1954 taxes 19.76% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 1200 6249 percentage of taxable income= 4.00% for tax year 1940 percentage of 1954 taxes 19.20% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 1600 8643 percentage of taxable income= 4.00% for tax year 1940 percentage of 1954 taxes 18.51% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 2000 11243 percentage of taxable income= 4.00% for tax year 1940 percentage of 1954 taxes 17.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 2400 14134 percentage of taxable income= 4.00% for tax year 1940 percentage of 1954 taxes 16.98% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 2899 17134 percentage of taxable income= 4.14% for tax year 1940 percentage of 1954 taxes 16.92% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 3699 20523 percentage of taxable income= 4.62% for tax year 1940 percentage of 1954 taxes 18.02% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 4499 24009 percentage of taxable income= 5.00% for tax year 1940 percentage of 1954 taxes 18.74% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 5299 27809 percentage of taxable income= 5.30% for tax year 1940 percentage of 1954 taxes 19.06% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 10572 50400 percentage of taxable income= 7.05% for tax year 1940 percentage of 1954 taxes 20.98% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 17196 77586 percentage of taxable income= 8.60% for tax year 1940 percentage of 1954 taxes 22.16% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 25555 107734 percentage of taxable income= 10.22% for tax year 1940 percentage of 1954 taxes 23.72% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 35952 139299 percentage of taxable income= 11.98% for tax year 1940 percentage of 1954 taxes 25.81% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 48708 172445 percentage of taxable income= 13.92% for tax year 1940 percentage of 1954 taxes 28.25% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 63566 207348 percentage of taxable income= 15.89% for tax year 1940 percentage of 1954 taxes 30.66% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 79399 243670 percentage of taxable income= 17.64% for tax year 1940 percentage of 1954 taxes 32.58% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 96399 281170 percentage of taxable income= 19.28% for tax year 1940 percentage of 1954 taxes 34.29% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 132194 358356 percentage of taxable income= 22.03% for tax year 1940 percentage of 1954 taxes 36.89% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 170949 438906 percentage of taxable income= 24.42% for tax year 1940 percentage of 1954 taxes 38.95% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 213239 523100 percentage of taxable income= 26.65% for tax year 1940 percentage of 1954 taxes 40.76% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 259477 610528 percentage of taxable income= 28.83% for tax year 1940 percentage of 1954 taxes 42.50% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 307477 699528 percentage of taxable income= 30.75% for tax year 1940 percentage of 1954 taxes 43.95%
Not over $ 2000 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 200, plus 13.00% of excess over $ 2000 11.00% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 460, plus 17.00% of excess over $ 4000 12.60% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 800, plus 21.00% of excess over $ 6000 14.43% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1220, plus 25.00% of excess over $ 8000 16.33% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 1720, plus 29.00% of excess over $ 10000 18.27% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 2300, plus 33.00% of excess over $ 12000 20.23% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 2960, plus 36.00% of excess over $ 14000 22.13% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 3680, plus 39.00% of excess over $ 16000 23.94% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 4460, plus 42.00% of excess over $ 18000 25.68% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 5300, plus 45.00% of excess over $ 20000 27.38% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 6200, plus 48.00% of excess over $ 22000 29.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 8120, plus 51.00% of excess over $ 26000 33.28% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 11180, plus 54.00% of excess over $ 32000 36.57% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 14420, plus 57.00% of excess over $ 38000 39.34% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 17840, plus 59.00% of excess over $ 44000 41.72% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 21380, plus 61.00% of excess over $ 50000 44.42% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 27480, plus 63.00% of excess over $ 60000 47.12% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 33780, plus 65.00% of excess over $ 70000 49.37% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 40280, plus 67.00% of excess over $ 80000 51.33% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 46980, plus 68.00% of excess over $ 90000 53.03% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 53780, plus 69.00% of excess over $ 100000 56.82% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 88280, plus 70.00% of excess over $ 150000 60.45% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 but not over $ 250000 $ 123280, plus 71.00% of excess over $ 200000 62.68% effective overall tax rate(computed on tax on middle of income range) Over $ 250000 but not over $ 300000 $ 158780, plus 73.00% of excess over $ 250000 64.37% effective overall tax rate(computed on tax on middle of income range) Over $ 300000 but not over $ 400000 $ 195280, plus 75.00% of excess over $ 300000 66.51% effective overall tax rate(computed on tax on middle of income range) Over $ 400000 but not over $ 500000 $ 270280, plus 76.00% of excess over $ 400000 68.51% effective overall tax rate(computed on tax on middle of income range) Over $ 500000 but not over $ 750000 $ 346280, plus 77.00% of excess over $ 500000 70.80% effective overall tax rate(computed on tax on middle of income range) Over $ 750000 but not over $1000000 $ 538780, plus 78.00% of excess over $ 750000 72.72% effective overall tax rate(computed on tax on middle of income range) Over $1000000 but not over $2000000 $ 733780, plus 79.00% of excess over $1000000 75.25% effective overall tax rate(computed on tax on middle of income range) Over $2000000 but not over $5000000 $1523780, plus 80.00% of excess over $2000000 77.82% effective overall tax rate(computed on tax on middle of income range) Over $5000000 ........................ $3923780, plus 81.00% of excess over $5000000 78.48% <=> 81.00% effective overall tax rate as income goes to infinity1941 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 16.077035147 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 32154 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 32154 but not over $ 64308 $ 3215, plus 13.00% of excess over $ 32154 11.00% effective overall tax rate(computed on tax on middle of income range) Over $ 64308 but not over $ 96462 $ 7395, plus 17.00% of excess over $ 64308 12.60% effective overall tax rate(computed on tax on middle of income range) Over $ 96462 but not over $ 128616 $ 12862, plus 21.00% of excess over $ 96462 14.43% effective overall tax rate(computed on tax on middle of income range) Over $ 128616 but not over $ 160770 $ 19614, plus 25.00% of excess over $ 128616 16.33% effective overall tax rate(computed on tax on middle of income range) Over $ 160770 but not over $ 192924 $ 27653, plus 29.00% of excess over $ 160770 18.27% effective overall tax rate(computed on tax on middle of income range) Over $ 192924 but not over $ 225078 $ 36977, plus 33.00% of excess over $ 192924 20.23% effective overall tax rate(computed on tax on middle of income range) Over $ 225078 but not over $ 257233 $ 47588, plus 36.00% of excess over $ 225078 22.13% effective overall tax rate(computed on tax on middle of income range) Over $ 257233 but not over $ 289387 $ 59163, plus 39.00% of excess over $ 257233 23.94% effective overall tax rate(computed on tax on middle of income range) Over $ 289387 but not over $ 321541 $ 71704, plus 42.00% of excess over $ 289387 25.68% effective overall tax rate(computed on tax on middle of income range) Over $ 321541 but not over $ 353695 $ 85208, plus 45.00% of excess over $ 321541 27.38% effective overall tax rate(computed on tax on middle of income range) Over $ 353695 but not over $ 418003 $ 99678, plus 48.00% of excess over $ 353695 29.83% effective overall tax rate(computed on tax on middle of income range) Over $ 418003 but not over $ 514465 $ 130546, plus 51.00% of excess over $ 418003 33.28% effective overall tax rate(computed on tax on middle of income range) Over $ 514465 but not over $ 610927 $ 179741, plus 54.00% of excess over $ 514465 36.57% effective overall tax rate(computed on tax on middle of income range) Over $ 610927 but not over $ 707390 $ 231831, plus 57.00% of excess over $ 610927 39.34% effective overall tax rate(computed on tax on middle of income range) Over $ 707390 but not over $ 803852 $ 286814, plus 59.00% of excess over $ 707390 41.72% effective overall tax rate(computed on tax on middle of income range) Over $ 803852 but not over $ 964622 $ 343727, plus 61.00% of excess over $ 803852 44.42% effective overall tax rate(computed on tax on middle of income range) Over $ 964622 but not over $1125392 $ 441797, plus 63.00% of excess over $ 964622 47.12% effective overall tax rate(computed on tax on middle of income range) Over $1125392 but not over $1286163 $ 543082, plus 65.00% of excess over $1125392 49.37% effective overall tax rate(computed on tax on middle of income range) Over $1286163 but not over $1446933 $ 647583, plus 67.00% of excess over $1286163 51.33% effective overall tax rate(computed on tax on middle of income range) Over $1446933 but not over $1607704 $ 755299, plus 68.00% of excess over $1446933 53.03% effective overall tax rate(computed on tax on middle of income range) Over $1607704 but not over $2411555 $ 864623, plus 69.00% of excess over $1607704 56.82% effective overall tax rate(computed on tax on middle of income range) Over $2411555 but not over $3215407 $1419281, plus 70.00% of excess over $2411555 60.45% effective overall tax rate(computed on tax on middle of income range) Over $3215407 but not over $4019259 $1981977, plus 71.00% of excess over $3215407 62.68% effective overall tax rate(computed on tax on middle of income range) Over $4019259 but not over $4823111 $2552712, plus 73.00% of excess over $4019259 64.37% effective overall tax rate(computed on tax on middle of income range) Over $4823111 but not over $6430814 $3139523, plus 75.00% of excess over $4823111 66.51% effective overall tax rate(computed on tax on middle of income range) Over $6430814 but not over $8038518 $4345301, plus 76.00% of excess over $6430814 68.51% effective overall tax rate(computed on tax on middle of income range) Over $8038518 but not over $12057776 $5567156, plus 77.00% of excess over $8038518 70.80% effective overall tax rate(computed on tax on middle of income range) Over $12057776 but not over $16077035 $8661985, plus 78.00% of excess over $12057776 72.72% effective overall tax rate(computed on tax on middle of income range) Over $16077035 but not over $32154070 $11797007, plus 79.00% of excess over $16077035 75.25% effective overall tax rate(computed on tax on middle of income range) Over $32154070 but not over $80385176 $24497865, plus 80.00% of excess over $32154070 77.82% effective overall tax rate(computed on tax on middle of income range) Over $80385176 ........................$63082749, plus 81.00% of excess over $80385176 78.48% <=> 81.00% effective overall tax rate as income goes to infinity
1941 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1000 2000 percentage of taxable income= 10.00% for tax year 1941 percentage of 1954 taxes 50.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2000 4049 percentage of taxable income= 10.00% for tax year 1941 percentage of 1954 taxes 49.40% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 3000 6249 percentage of taxable income= 10.00% for tax year 1941 percentage of 1954 taxes 48.01% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 4235 8643 percentage of taxable income= 10.59% for tax year 1941 percentage of 1954 taxes 49.00% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 5535 11243 percentage of taxable income= 11.07% for tax year 1941 percentage of 1954 taxes 49.23% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 6835 14134 percentage of taxable income= 11.39% for tax year 1941 percentage of 1954 taxes 48.36% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 8363 17134 percentage of taxable income= 11.95% for tax year 1941 percentage of 1954 taxes 48.81% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 10063 20523 percentage of taxable income= 12.58% for tax year 1941 percentage of 1954 taxes 49.03% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 11763 24009 percentage of taxable income= 13.07% for tax year 1941 percentage of 1954 taxes 48.99% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 13605 27809 percentage of taxable income= 13.60% for tax year 1941 percentage of 1954 taxes 48.92% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 24960 50400 percentage of taxable income= 16.64% for tax year 1941 percentage of 1954 taxes 49.52% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 39312 77586 percentage of taxable income= 19.66% for tax year 1941 percentage of 1954 taxes 50.67% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 56560 107734 percentage of taxable income= 22.62% for tax year 1941 percentage of 1954 taxes 52.50% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 76161 139299 percentage of taxable income= 25.39% for tax year 1941 percentage of 1954 taxes 54.67% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 98015 172445 percentage of taxable income= 28.00% for tax year 1941 percentage of 1954 taxes 56.84% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 121904 207348 percentage of taxable income= 30.48% for tax year 1941 percentage of 1954 taxes 58.79% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 146864 243670 percentage of taxable income= 32.64% for tax year 1941 percentage of 1954 taxes 60.27% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 172364 281170 percentage of taxable income= 34.47% for tax year 1941 percentage of 1954 taxes 61.30% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 225930 358356 percentage of taxable income= 37.66% for tax year 1941 percentage of 1954 taxes 63.05% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 282602 438906 percentage of taxable income= 40.37% for tax year 1941 percentage of 1954 taxes 64.39% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 341454 523100 percentage of taxable income= 42.68% for tax year 1941 percentage of 1954 taxes 65.28% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 402377 610528 percentage of taxable income= 44.71% for tax year 1941 percentage of 1954 taxes 65.91% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 464085 699528 percentage of taxable income= 46.41% for tax year 1941 percentage of 1954 taxes 66.34%
Not over $ 2000 ................................... 19.00% of the taxable income 19.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 380, plus 22.00% of excess over $ 2000 20.00% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 820, plus 26.00% of excess over $ 4000 21.60% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1340, plus 30.00% of excess over $ 6000 23.43% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1940, plus 34.00% of excess over $ 8000 25.33% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2620, plus 38.00% of excess over $ 10000 27.27% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3380, plus 42.00% of excess over $ 12000 29.23% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4220, plus 46.00% of excess over $ 14000 31.20% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5140, plus 49.00% of excess over $ 16000 33.12% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6120, plus 52.00% of excess over $ 18000 34.95% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7160, plus 55.00% of excess over $ 20000 36.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8260, plus 58.00% of excess over $ 22000 39.25% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10580, plus 61.00% of excess over $ 26000 42.79% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14240, plus 64.00% of excess over $ 32000 46.17% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18080, plus 67.00% of excess over $ 38000 49.00% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22100, plus 69.00% of excess over $ 44000 51.43% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26240, plus 72.00% of excess over $ 50000 54.25% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 33440, plus 75.00% of excess over $ 60000 57.22% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 40940, plus 78.00% of excess over $ 70000 59.79% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 48740, plus 81.00% of excess over $ 80000 62.11% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 56840, plus 83.00% of excess over $ 90000 64.20% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 65140, plus 85.00% of excess over $ 100000 69.11% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 107640, plus 87.00% of excess over $ 150000 73.94% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 151140, plus 88.00% of excess over $ 200000 75.57% <=> 88.00% effective overall tax rate as income goes to infinity1942 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 14.498921268 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 28998 ................................... 19.00% of the taxable income 19.00% effective overall tax rate Over $ 28998 but not over $ 57996 $ 5510, plus 22.00% of excess over $ 28998 20.00% effective overall tax rate(computed on tax on middle of income range) Over $ 57996 but not over $ 86994 $ 11889, plus 26.00% of excess over $ 57996 21.60% effective overall tax rate(computed on tax on middle of income range) Over $ 86994 but not over $ 115991 $ 19429, plus 30.00% of excess over $ 86994 23.43% effective overall tax rate(computed on tax on middle of income range) Over $ 115991 but not over $ 144989 $ 28128, plus 34.00% of excess over $ 115991 25.33% effective overall tax rate(computed on tax on middle of income range) Over $ 144989 but not over $ 173987 $ 37987, plus 38.00% of excess over $ 144989 27.27% effective overall tax rate(computed on tax on middle of income range) Over $ 173987 but not over $ 202985 $ 49006, plus 42.00% of excess over $ 173987 29.23% effective overall tax rate(computed on tax on middle of income range) Over $ 202985 but not over $ 231983 $ 61185, plus 46.00% of excess over $ 202985 31.20% effective overall tax rate(computed on tax on middle of income range) Over $ 231983 but not over $ 260981 $ 74524, plus 49.00% of excess over $ 231983 33.12% effective overall tax rate(computed on tax on middle of income range) Over $ 260981 but not over $ 289978 $ 88733, plus 52.00% of excess over $ 260981 34.95% effective overall tax rate(computed on tax on middle of income range) Over $ 289978 but not over $ 318976 $ 103812, plus 55.00% of excess over $ 289978 36.71% effective overall tax rate(computed on tax on middle of income range) Over $ 318976 but not over $ 376972 $ 119761, plus 58.00% of excess over $ 318976 39.25% effective overall tax rate(computed on tax on middle of income range) Over $ 376972 but not over $ 463965 $ 153399, plus 61.00% of excess over $ 376972 42.79% effective overall tax rate(computed on tax on middle of income range) Over $ 463965 but not over $ 550959 $ 206465, plus 64.00% of excess over $ 463965 46.17% effective overall tax rate(computed on tax on middle of income range) Over $ 550959 but not over $ 637953 $ 262140, plus 67.00% of excess over $ 550959 49.00% effective overall tax rate(computed on tax on middle of income range) Over $ 637953 but not over $ 724946 $ 320426, plus 69.00% of excess over $ 637953 51.43% effective overall tax rate(computed on tax on middle of income range) Over $ 724946 but not over $ 869935 $ 380452, plus 72.00% of excess over $ 724946 54.25% effective overall tax rate(computed on tax on middle of income range) Over $ 869935 but not over $1014924 $ 484844, plus 75.00% of excess over $ 869935 57.22% effective overall tax rate(computed on tax on middle of income range) Over $1014924 but not over $1159914 $ 593586, plus 78.00% of excess over $1014924 59.79% effective overall tax rate(computed on tax on middle of income range) Over $1159914 but not over $1304903 $ 706677, plus 81.00% of excess over $1159914 62.11% effective overall tax rate(computed on tax on middle of income range) Over $1304903 but not over $1449892 $ 824119, plus 83.00% of excess over $1304903 64.20% effective overall tax rate(computed on tax on middle of income range) Over $1449892 but not over $2174838 $ 944460, plus 85.00% of excess over $1449892 69.11% effective overall tax rate(computed on tax on middle of income range) Over $2174838 but not over $2899784 $1560664, plus 87.00% of excess over $2174838 73.94% effective overall tax rate(computed on tax on middle of income range) Over $2899784 ........................ $2191367, plus 88.00% of excess over $2899784 75.57% <=> 88.00% effective overall tax rate as income goes to infinity
1942 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1900 2000 percentage of taxable income= 19.00% for tax year 1942 percentage of 1954 taxes 95.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3800 4049 percentage of taxable income= 19.00% for tax year 1942 percentage of 1954 taxes 93.86% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5730 6249 percentage of taxable income= 19.10% for tax year 1942 percentage of 1954 taxes 91.70% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 7930 8643 percentage of taxable income= 19.83% for tax year 1942 percentage of 1954 taxes 91.75% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10130 11243 percentage of taxable income= 20.26% for tax year 1942 percentage of 1954 taxes 90.10% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12410 14134 percentage of taxable income= 20.68% for tax year 1942 percentage of 1954 taxes 87.80% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15010 17134 percentage of taxable income= 21.44% for tax year 1942 percentage of 1954 taxes 87.60% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17610 20523 percentage of taxable income= 22.01% for tax year 1942 percentage of 1954 taxes 85.81% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20330 24009 percentage of taxable income= 22.59% for tax year 1942 percentage of 1954 taxes 84.68% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23330 27809 percentage of taxable income= 23.33% for tax year 1942 percentage of 1954 taxes 83.90% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 39891 50400 percentage of taxable income= 26.59% for tax year 1942 percentage of 1954 taxes 79.15% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 59932 77586 percentage of taxable income= 29.97% for tax year 1942 percentage of 1954 taxes 77.25% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 83353 107734 percentage of taxable income= 33.34% for tax year 1942 percentage of 1954 taxes 77.37% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 109324 139299 percentage of taxable income= 36.44% for tax year 1942 percentage of 1954 taxes 78.48% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 137755 172445 percentage of taxable income= 39.36% for tax year 1942 percentage of 1954 taxes 79.88% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 167446 207348 percentage of taxable income= 41.86% for tax year 1942 percentage of 1954 taxes 80.76% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 197946 243670 percentage of taxable income= 43.99% for tax year 1942 percentage of 1954 taxes 81.24% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 229527 281170 percentage of taxable income= 45.91% for tax year 1942 percentage of 1954 taxes 81.63% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 294998 358356 percentage of taxable income= 49.17% for tax year 1942 percentage of 1954 taxes 82.32% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 363239 438906 percentage of taxable income= 51.89% for tax year 1942 percentage of 1954 taxes 82.76% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 434491 523100 percentage of taxable income= 54.31% for tax year 1942 percentage of 1954 taxes 83.06% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 507392 610528 percentage of taxable income= 56.38% for tax year 1942 percentage of 1954 taxes 83.11% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 582392 699528 percentage of taxable income= 58.24% for tax year 1942 percentage of 1954 taxes 83.26%
Not over $ 2000 ................................... 19.00% of the taxable income 19.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 380, plus 22.00% of excess over $ 2000 20.00% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 820, plus 26.00% of excess over $ 4000 21.60% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1340, plus 30.00% of excess over $ 6000 23.43% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1940, plus 34.00% of excess over $ 8000 25.33% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2620, plus 38.00% of excess over $ 10000 27.27% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3380, plus 42.00% of excess over $ 12000 29.23% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4220, plus 46.00% of excess over $ 14000 31.20% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5140, plus 49.00% of excess over $ 16000 33.12% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6120, plus 52.00% of excess over $ 18000 34.95% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7160, plus 55.00% of excess over $ 20000 36.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8260, plus 58.00% of excess over $ 22000 39.25% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10580, plus 61.00% of excess over $ 26000 42.79% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14240, plus 64.00% of excess over $ 32000 46.17% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18080, plus 67.00% of excess over $ 38000 49.00% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22100, plus 69.00% of excess over $ 44000 51.43% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26240, plus 72.00% of excess over $ 50000 54.25% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 33440, plus 75.00% of excess over $ 60000 57.22% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 40940, plus 78.00% of excess over $ 70000 59.79% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 48740, plus 81.00% of excess over $ 80000 62.11% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 56840, plus 83.00% of excess over $ 90000 64.20% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 65140, plus 85.00% of excess over $ 100000 69.11% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 107640, plus 87.00% of excess over $ 150000 73.94% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 151140, plus 88.00% of excess over $ 200000 75.57% <=> 88.00% effective overall tax rate as income goes to infinity1943 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 13.660833333 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 27322 ................................... 19.00% of the taxable income 19.00% effective overall tax rate Over $ 27322 but not over $ 54643 $ 5191, plus 22.00% of excess over $ 27322 20.00% effective overall tax rate(computed on tax on middle of income range) Over $ 54643 but not over $ 81965 $ 11202, plus 26.00% of excess over $ 54643 21.60% effective overall tax rate(computed on tax on middle of income range) Over $ 81965 but not over $ 109287 $ 18306, plus 30.00% of excess over $ 81965 23.43% effective overall tax rate(computed on tax on middle of income range) Over $ 109287 but not over $ 136608 $ 26502, plus 34.00% of excess over $ 109287 25.33% effective overall tax rate(computed on tax on middle of income range) Over $ 136608 but not over $ 163930 $ 35791, plus 38.00% of excess over $ 136608 27.27% effective overall tax rate(computed on tax on middle of income range) Over $ 163930 but not over $ 191252 $ 46174, plus 42.00% of excess over $ 163930 29.23% effective overall tax rate(computed on tax on middle of income range) Over $ 191252 but not over $ 218573 $ 57649, plus 46.00% of excess over $ 191252 31.20% effective overall tax rate(computed on tax on middle of income range) Over $ 218573 but not over $ 245895 $ 70217, plus 49.00% of excess over $ 218573 33.12% effective overall tax rate(computed on tax on middle of income range) Over $ 245895 but not over $ 273217 $ 83604, plus 52.00% of excess over $ 245895 34.95% effective overall tax rate(computed on tax on middle of income range) Over $ 273217 but not over $ 300538 $ 97812, plus 55.00% of excess over $ 273217 36.71% effective overall tax rate(computed on tax on middle of income range) Over $ 300538 but not over $ 355182 $ 112838, plus 58.00% of excess over $ 300538 39.25% effective overall tax rate(computed on tax on middle of income range) Over $ 355182 but not over $ 437147 $ 144532, plus 61.00% of excess over $ 355182 42.79% effective overall tax rate(computed on tax on middle of income range) Over $ 437147 but not over $ 519112 $ 194530, plus 64.00% of excess over $ 437147 46.17% effective overall tax rate(computed on tax on middle of income range) Over $ 519112 but not over $ 601077 $ 246988, plus 67.00% of excess over $ 519112 49.00% effective overall tax rate(computed on tax on middle of income range) Over $ 601077 but not over $ 683042 $ 301904, plus 69.00% of excess over $ 601077 51.43% effective overall tax rate(computed on tax on middle of income range) Over $ 683042 but not over $ 819650 $ 358460, plus 72.00% of excess over $ 683042 54.25% effective overall tax rate(computed on tax on middle of income range) Over $ 819650 but not over $ 956258 $ 456818, plus 75.00% of excess over $ 819650 57.22% effective overall tax rate(computed on tax on middle of income range) Over $ 956258 but not over $1092867 $ 559275, plus 78.00% of excess over $ 956258 59.79% effective overall tax rate(computed on tax on middle of income range) Over $1092867 but not over $1229475 $ 665829, plus 81.00% of excess over $1092867 62.11% effective overall tax rate(computed on tax on middle of income range) Over $1229475 but not over $1366083 $ 776482, plus 83.00% of excess over $1229475 64.20% effective overall tax rate(computed on tax on middle of income range) Over $1366083 but not over $2049125 $ 889867, plus 85.00% of excess over $1366083 69.11% effective overall tax rate(computed on tax on middle of income range) Over $2049125 but not over $2732167 $1470452, plus 87.00% of excess over $2049125 73.94% effective overall tax rate(computed on tax on middle of income range) Over $2732167 ........................ $2064698, plus 88.00% of excess over $2732167 75.57% <=> 88.00% effective overall tax rate as income goes to infinity
1943 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1900 2000 percentage of taxable income= 19.00% for tax year 1943 percentage of 1954 taxes 95.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3800 4049 percentage of taxable income= 19.00% for tax year 1943 percentage of 1954 taxes 93.86% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5780 6249 percentage of taxable income= 19.27% for tax year 1943 percentage of 1954 taxes 92.51% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 7980 8643 percentage of taxable income= 19.95% for tax year 1943 percentage of 1954 taxes 92.33% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10180 11243 percentage of taxable income= 20.36% for tax year 1943 percentage of 1954 taxes 90.55% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12595 14134 percentage of taxable income= 20.99% for tax year 1943 percentage of 1954 taxes 89.11% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15195 17134 percentage of taxable income= 21.71% for tax year 1943 percentage of 1954 taxes 88.68% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17795 20523 percentage of taxable income= 22.24% for tax year 1943 percentage of 1954 taxes 86.71% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20716 24009 percentage of taxable income= 23.02% for tax year 1943 percentage of 1954 taxes 86.29% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23716 27809 percentage of taxable income= 23.72% for tax year 1943 percentage of 1954 taxes 85.28% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 40880 50400 percentage of taxable income= 27.25% for tax year 1943 percentage of 1954 taxes 81.11% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 61673 77586 percentage of taxable income= 30.84% for tax year 1943 percentage of 1954 taxes 79.49% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 85739 107734 percentage of taxable income= 34.30% for tax year 1943 percentage of 1954 taxes 79.58% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 112542 139299 percentage of taxable income= 37.51% for tax year 1943 percentage of 1954 taxes 80.79% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 141526 172445 percentage of taxable income= 40.44% for tax year 1943 percentage of 1954 taxes 82.07% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 171871 207348 percentage of taxable income= 42.97% for tax year 1943 percentage of 1954 taxes 82.89% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 202756 243670 percentage of taxable income= 45.06% for tax year 1943 percentage of 1954 taxes 83.21% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 234756 281170 percentage of taxable income= 46.95% for tax year 1943 percentage of 1954 taxes 83.49% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 301183 358356 percentage of taxable income= 50.20% for tax year 1943 percentage of 1954 taxes 84.05% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 370670 438906 percentage of taxable income= 52.95% for tax year 1943 percentage of 1954 taxes 84.45% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 442670 523100 percentage of taxable income= 55.33% for tax year 1943 percentage of 1954 taxes 84.62% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 517081 610528 percentage of taxable income= 57.45% for tax year 1943 percentage of 1954 taxes 84.69% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 593393 699528 percentage of taxable income= 59.34% for tax year 1943 percentage of 1954 taxes 84.83%
Not over $ 2000 ................................... 23.00% of the taxable income 23.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 460, plus 25.00% of excess over $ 2000 23.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 960, plus 29.00% of excess over $ 4000 25.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1540, plus 33.00% of excess over $ 6000 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 2200, plus 37.00% of excess over $ 8000 28.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2940, plus 41.00% of excess over $ 10000 30.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3760, plus 46.00% of excess over $ 12000 32.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4680, plus 50.00% of excess over $ 14000 34.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5680, plus 53.00% of excess over $ 16000 36.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6740, plus 56.00% of excess over $ 18000 38.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7860, plus 59.00% of excess over $ 20000 40.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 9040, plus 62.00% of excess over $ 22000 42.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 11520, plus 65.00% of excess over $ 26000 46.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 15420, plus 68.00% of excess over $ 32000 49.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 19500, plus 72.00% of excess over $ 38000 52.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 23820, plus 75.00% of excess over $ 44000 55.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 28320, plus 78.00% of excess over $ 50000 58.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 36120, plus 81.00% of excess over $ 60000 61.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 44220, plus 84.00% of excess over $ 70000 64.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 52620, plus 87.00% of excess over $ 80000 67.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 61320, plus 90.00% of excess over $ 90000 69.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 70320, plus 92.00% of excess over $ 100000 74.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 116320, plus 93.00% of excess over $ 150000 79.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 162820, plus 94.00% of excess over $ 200000 81.41% <=> 94.00% effective overall tax rate as income goes to infinity1944 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 13.427978219 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 26856 ................................... 23.00% of the taxable income 23.00% effective overall tax rate Over $ 26856 but not over $ 53712 $ 6177, plus 25.00% of excess over $ 26856 23.67% effective overall tax rate(computed on tax on middle of income range) Over $ 53712 but not over $ 80568 $ 12891, plus 29.00% of excess over $ 53712 25.00% effective overall tax rate(computed on tax on middle of income range) Over $ 80568 but not over $ 107424 $ 20679, plus 33.00% of excess over $ 80568 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 107424 but not over $ 134280 $ 29542, plus 37.00% of excess over $ 107424 28.56% effective overall tax rate(computed on tax on middle of income range) Over $ 134280 but not over $ 161136 $ 39478, plus 41.00% of excess over $ 134280 30.45% effective overall tax rate(computed on tax on middle of income range) Over $ 161136 but not over $ 187992 $ 50489, plus 46.00% of excess over $ 161136 32.46% effective overall tax rate(computed on tax on middle of income range) Over $ 187992 but not over $ 214848 $ 62843, plus 50.00% of excess over $ 187992 34.53% effective overall tax rate(computed on tax on middle of income range) Over $ 214848 but not over $ 241704 $ 76271, plus 53.00% of excess over $ 214848 36.53% effective overall tax rate(computed on tax on middle of income range) Over $ 241704 but not over $ 268560 $ 90505, plus 56.00% of excess over $ 241704 38.42% effective overall tax rate(computed on tax on middle of income range) Over $ 268560 but not over $ 295416 $ 105544, plus 59.00% of excess over $ 268560 40.24% effective overall tax rate(computed on tax on middle of income range) Over $ 295416 but not over $ 349127 $ 121389, plus 62.00% of excess over $ 295416 42.83% effective overall tax rate(computed on tax on middle of income range) Over $ 349127 but not over $ 429695 $ 154690, plus 65.00% of excess over $ 349127 46.45% effective overall tax rate(computed on tax on middle of income range) Over $ 429695 but not over $ 510263 $ 207059, plus 68.00% of excess over $ 429695 49.89% effective overall tax rate(computed on tax on middle of income range) Over $ 510263 but not over $ 590831 $ 261846, plus 72.00% of excess over $ 510263 52.83% effective overall tax rate(computed on tax on middle of income range) Over $ 590831 but not over $ 671399 $ 319854, plus 75.00% of excess over $ 590831 55.47% effective overall tax rate(computed on tax on middle of income range) Over $ 671399 but not over $ 805679 $ 380280, plus 78.00% of excess over $ 671399 58.58% effective overall tax rate(computed on tax on middle of income range) Over $ 805679 but not over $ 939958 $ 485019, plus 81.00% of excess over $ 805679 61.80% effective overall tax rate(computed on tax on middle of income range) Over $ 939958 but not over $1074238 $ 593785, plus 84.00% of excess over $ 939958 64.56% effective overall tax rate(computed on tax on middle of income range) Over $1074238 but not over $1208518 $ 706580, plus 87.00% of excess over $1074238 67.02% effective overall tax rate(computed on tax on middle of income range) Over $1208518 but not over $1342798 $ 823404, plus 90.00% of excess over $1208518 69.28% effective overall tax rate(computed on tax on middle of income range) Over $1342798 but not over $2014197 $ 944255, plus 92.00% of excess over $1342798 74.66% effective overall tax rate(computed on tax on middle of income range) Over $2014197 but not over $2685596 $1561942, plus 93.00% of excess over $2014197 79.75% effective overall tax rate(computed on tax on middle of income range) Over $2685596 ........................ $2186343, plus 94.00% of excess over $2685596 81.41% <=> 94.00% effective overall tax rate as income goes to infinity
1944 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2300 2000 percentage of taxable income= 23.00% for tax year 1944 percentage of 1954 taxes 115.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4600 4049 percentage of taxable income= 23.00% for tax year 1944 percentage of 1954 taxes 113.62% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6963 6249 percentage of taxable income= 23.21% for tax year 1944 percentage of 1954 taxes 111.43% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 9463 8643 percentage of taxable income= 23.66% for tax year 1944 percentage of 1954 taxes 109.49% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11963 11243 percentage of taxable income= 23.93% for tax year 1944 percentage of 1954 taxes 106.40% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 14714 14134 percentage of taxable income= 24.52% for tax year 1944 percentage of 1954 taxes 104.10% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17614 17134 percentage of taxable income= 25.16% for tax year 1944 percentage of 1954 taxes 102.80% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 20514 20523 percentage of taxable income= 25.64% for tax year 1944 percentage of 1954 taxes 99.96% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 23792 24009 percentage of taxable income= 26.44% for tax year 1944 percentage of 1954 taxes 99.10% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 27092 27809 percentage of taxable income= 27.09% for tax year 1944 percentage of 1954 taxes 97.42% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 45924 50400 percentage of taxable income= 30.62% for tax year 1944 percentage of 1954 taxes 91.12% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 68847 77586 percentage of taxable income= 34.42% for tax year 1944 percentage of 1954 taxes 88.74% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 95151 107734 percentage of taxable income= 38.06% for tax year 1944 percentage of 1954 taxes 88.32% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 124231 139299 percentage of taxable income= 41.41% for tax year 1944 percentage of 1954 taxes 89.18% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 155257 172445 percentage of taxable income= 44.36% for tax year 1944 percentage of 1954 taxes 90.03% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 187757 207348 percentage of taxable income= 46.94% for tax year 1944 percentage of 1954 taxes 90.55% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 220867 243670 percentage of taxable income= 49.08% for tax year 1944 percentage of 1954 taxes 90.64% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 254867 281170 percentage of taxable income= 50.97% for tax year 1944 percentage of 1954 taxes 90.65% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 326731 358356 percentage of taxable income= 54.46% for tax year 1944 percentage of 1954 taxes 91.18% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 402589 438906 percentage of taxable income= 57.51% for tax year 1944 percentage of 1954 taxes 91.73% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 480589 523100 percentage of taxable income= 60.07% for tax year 1944 percentage of 1954 taxes 91.87% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 561419 610528 percentage of taxable income= 62.38% for tax year 1944 percentage of 1954 taxes 91.96% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 644220 699528 percentage of taxable income= 64.42% for tax year 1944 percentage of 1954 taxes 92.09%
Not over $ 2000 ................................... 23.00% of the taxable income 23.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 460, plus 25.00% of excess over $ 2000 23.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 960, plus 29.00% of excess over $ 4000 25.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1540, plus 33.00% of excess over $ 6000 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 2200, plus 37.00% of excess over $ 8000 28.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2940, plus 41.00% of excess over $ 10000 30.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3760, plus 46.00% of excess over $ 12000 32.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4680, plus 50.00% of excess over $ 14000 34.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5680, plus 53.00% of excess over $ 16000 36.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6740, plus 56.00% of excess over $ 18000 38.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7860, plus 59.00% of excess over $ 20000 40.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 9040, plus 62.00% of excess over $ 22000 42.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 11520, plus 65.00% of excess over $ 26000 46.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 15420, plus 68.00% of excess over $ 32000 49.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 19500, plus 72.00% of excess over $ 38000 52.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 23820, plus 75.00% of excess over $ 44000 55.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 28320, plus 78.00% of excess over $ 50000 58.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 36120, plus 81.00% of excess over $ 60000 61.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 44220, plus 84.00% of excess over $ 70000 64.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 52620, plus 87.00% of excess over $ 80000 67.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 61320, plus 90.00% of excess over $ 90000 69.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 70320, plus 92.00% of excess over $ 100000 74.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 116320, plus 93.00% of excess over $ 150000 79.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 162820, plus 94.00% of excess over $ 200000 81.41% <=> 94.00% effective overall tax rate as income goes to infinity1945 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 13.129578704 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 26259 ................................... 23.00% of the taxable income 23.00% effective overall tax rate Over $ 26259 but not over $ 52518 $ 6040, plus 25.00% of excess over $ 26259 23.67% effective overall tax rate(computed on tax on middle of income range) Over $ 52518 but not over $ 78777 $ 12604, plus 29.00% of excess over $ 52518 25.00% effective overall tax rate(computed on tax on middle of income range) Over $ 78777 but not over $ 105037 $ 20220, plus 33.00% of excess over $ 78777 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 105037 but not over $ 131296 $ 28885, plus 37.00% of excess over $ 105037 28.56% effective overall tax rate(computed on tax on middle of income range) Over $ 131296 but not over $ 157555 $ 38601, plus 41.00% of excess over $ 131296 30.45% effective overall tax rate(computed on tax on middle of income range) Over $ 157555 but not over $ 183814 $ 49367, plus 46.00% of excess over $ 157555 32.46% effective overall tax rate(computed on tax on middle of income range) Over $ 183814 but not over $ 210073 $ 61446, plus 50.00% of excess over $ 183814 34.53% effective overall tax rate(computed on tax on middle of income range) Over $ 210073 but not over $ 236332 $ 74576, plus 53.00% of excess over $ 210073 36.53% effective overall tax rate(computed on tax on middle of income range) Over $ 236332 but not over $ 262592 $ 88493, plus 56.00% of excess over $ 236332 38.42% effective overall tax rate(computed on tax on middle of income range) Over $ 262592 but not over $ 288851 $ 103198, plus 59.00% of excess over $ 262592 40.24% effective overall tax rate(computed on tax on middle of income range) Over $ 288851 but not over $ 341369 $ 118691, plus 62.00% of excess over $ 288851 42.83% effective overall tax rate(computed on tax on middle of income range) Over $ 341369 but not over $ 420147 $ 151253, plus 65.00% of excess over $ 341369 46.45% effective overall tax rate(computed on tax on middle of income range) Over $ 420147 but not over $ 498924 $ 202458, plus 68.00% of excess over $ 420147 49.89% effective overall tax rate(computed on tax on middle of income range) Over $ 498924 but not over $ 577701 $ 256027, plus 72.00% of excess over $ 498924 52.83% effective overall tax rate(computed on tax on middle of income range) Over $ 577701 but not over $ 656479 $ 312747, plus 75.00% of excess over $ 577701 55.47% effective overall tax rate(computed on tax on middle of income range) Over $ 656479 but not over $ 787775 $ 371830, plus 78.00% of excess over $ 656479 58.58% effective overall tax rate(computed on tax on middle of income range) Over $ 787775 but not over $ 919071 $ 474240, plus 81.00% of excess over $ 787775 61.80% effective overall tax rate(computed on tax on middle of income range) Over $ 919071 but not over $1050366 $ 580590, plus 84.00% of excess over $ 919071 64.56% effective overall tax rate(computed on tax on middle of income range) Over $1050366 but not over $1181662 $ 690878, plus 87.00% of excess over $1050366 67.02% effective overall tax rate(computed on tax on middle of income range) Over $1181662 but not over $1312958 $ 805106, plus 90.00% of excess over $1181662 69.28% effective overall tax rate(computed on tax on middle of income range) Over $1312958 but not over $1969437 $ 923272, plus 92.00% of excess over $1312958 74.66% effective overall tax rate(computed on tax on middle of income range) Over $1969437 but not over $2625916 $1527233, plus 93.00% of excess over $1969437 79.75% effective overall tax rate(computed on tax on middle of income range) Over $2625916 ........................ $2137758, plus 94.00% of excess over $2625916 81.41% <=> 94.00% effective overall tax rate as income goes to infinity
1945 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2300 2000 percentage of taxable income= 23.00% for tax year 1945 percentage of 1954 taxes 115.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4600 4049 percentage of taxable income= 23.00% for tax year 1945 percentage of 1954 taxes 113.62% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6975 6249 percentage of taxable income= 23.25% for tax year 1945 percentage of 1954 taxes 111.62% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 9475 8643 percentage of taxable income= 23.69% for tax year 1945 percentage of 1954 taxes 109.63% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11975 11243 percentage of taxable income= 23.95% for tax year 1945 percentage of 1954 taxes 106.51% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 14774 14134 percentage of taxable income= 24.62% for tax year 1945 percentage of 1954 taxes 104.53% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17674 17134 percentage of taxable income= 25.25% for tax year 1945 percentage of 1954 taxes 103.15% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 20623 20523 percentage of taxable income= 25.78% for tax year 1945 percentage of 1954 taxes 100.49% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 23923 24009 percentage of taxable income= 26.58% for tax year 1945 percentage of 1954 taxes 99.64% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 27223 27809 percentage of taxable income= 27.22% for tax year 1945 percentage of 1954 taxes 97.89% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 46270 50400 percentage of taxable income= 30.85% for tax year 1945 percentage of 1954 taxes 91.80% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 69539 77586 percentage of taxable income= 34.77% for tax year 1945 percentage of 1954 taxes 89.63% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 96147 107734 percentage of taxable income= 38.46% for tax year 1945 percentage of 1954 taxes 89.25% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 125604 139299 percentage of taxable income= 41.87% for tax year 1945 percentage of 1954 taxes 90.17% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 156863 172445 percentage of taxable income= 44.82% for tax year 1945 percentage of 1954 taxes 90.96% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 189363 207348 percentage of taxable income= 47.34% for tax year 1945 percentage of 1954 taxes 91.33% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 222758 243670 percentage of taxable income= 49.50% for tax year 1945 percentage of 1954 taxes 91.42% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 256802 281170 percentage of taxable income= 51.36% for tax year 1945 percentage of 1954 taxes 91.33% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 329470 358356 percentage of taxable income= 54.91% for tax year 1945 percentage of 1954 taxes 91.94% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 405776 438906 percentage of taxable income= 57.97% for tax year 1945 percentage of 1954 taxes 92.45% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 484143 523100 percentage of taxable income= 60.52% for tax year 1945 percentage of 1954 taxes 92.55% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 565143 610528 percentage of taxable income= 62.79% for tax year 1945 percentage of 1954 taxes 92.57% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 648571 699528 percentage of taxable income= 64.86% for tax year 1945 percentage of 1954 taxes 92.72%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1946 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 12.119611111 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 24239 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 24239 but not over $ 48478 $ 4848, plus 22.00% of excess over $ 24239 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 48478 but not over $ 72718 $ 10180, plus 26.00% of excess over $ 48478 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 72718 but not over $ 96957 $ 16483, plus 30.00% of excess over $ 72718 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 96957 but not over $ 121196 $ 23754, plus 34.00% of excess over $ 96957 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 121196 but not over $ 145435 $ 31996, plus 38.00% of excess over $ 121196 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 145435 but not over $ 169675 $ 41207, plus 43.00% of excess over $ 145435 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 169675 but not over $ 193914 $ 51630, plus 47.00% of excess over $ 169675 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 193914 but not over $ 218153 $ 63022, plus 50.00% of excess over $ 193914 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 218153 but not over $ 242392 $ 75142, plus 53.00% of excess over $ 218153 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 242392 but not over $ 266631 $ 87988, plus 56.00% of excess over $ 242392 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 266631 but not over $ 315110 $ 101562, plus 59.00% of excess over $ 266631 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 315110 but not over $ 387828 $ 130165, plus 62.00% of excess over $ 315110 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 387828 but not over $ 460545 $ 175250, plus 65.00% of excess over $ 387828 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 460545 but not over $ 533263 $ 222516, plus 69.00% of excess over $ 460545 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 533263 but not over $ 605981 $ 272691, plus 72.00% of excess over $ 533263 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 605981 but not over $ 727177 $ 325048, plus 75.00% of excess over $ 605981 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 727177 but not over $ 848373 $ 415945, plus 78.00% of excess over $ 727177 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 848373 but not over $ 969569 $ 510478, plus 81.00% of excess over $ 848373 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 969569 but not over $1090765 $ 608647, plus 84.00% of excess over $ 969569 64.02% effective overall tax rate(computed on tax on middle of income range) Over $1090765 but not over $1211961 $ 710452, plus 87.00% of excess over $1090765 66.28% effective overall tax rate(computed on tax on middle of income range) Over $1211961 but not over $1817942 $ 815892, plus 89.00% of excess over $1211961 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1817942 but not over $2423922 $1355215, plus 90.00% of excess over $1817942 76.75% effective overall tax rate(computed on tax on middle of income range) Over $2423922 ........................ $1900597, plus 91.00% of excess over $2423922 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1946 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1946 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4000 4049 percentage of taxable income= 20.00% for tax year 1946 percentage of 1954 taxes 98.80% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6115 6249 percentage of taxable income= 20.38% for tax year 1946 percentage of 1954 taxes 97.87% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8315 8643 percentage of taxable income= 20.79% for tax year 1946 percentage of 1954 taxes 96.21% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10576 11243 percentage of taxable income= 21.15% for tax year 1946 percentage of 1954 taxes 94.07% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 13176 14134 percentage of taxable income= 21.96% for tax year 1946 percentage of 1954 taxes 93.22% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15776 17134 percentage of taxable income= 22.54% for tax year 1946 percentage of 1954 taxes 92.07% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 18667 20523 percentage of taxable income= 23.33% for tax year 1946 percentage of 1954 taxes 90.96% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 21667 24009 percentage of taxable income= 24.07% for tax year 1946 percentage of 1954 taxes 90.25% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 24789 27809 percentage of taxable income= 24.79% for tax year 1946 percentage of 1954 taxes 89.14% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 43169 50400 percentage of taxable income= 28.78% for tax year 1946 percentage of 1954 taxes 85.65% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 66065 77586 percentage of taxable income= 33.03% for tax year 1946 percentage of 1954 taxes 85.15% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 92249 107734 percentage of taxable income= 36.90% for tax year 1946 percentage of 1954 taxes 85.63% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 121250 139299 percentage of taxable income= 40.42% for tax year 1946 percentage of 1954 taxes 87.04% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 151796 172445 percentage of taxable income= 43.37% for tax year 1946 percentage of 1954 taxes 88.03% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 183162 207348 percentage of taxable income= 45.79% for tax year 1946 percentage of 1954 taxes 88.34% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 215662 243670 percentage of taxable income= 47.92% for tax year 1946 percentage of 1954 taxes 88.51% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 249740 281170 percentage of taxable income= 49.95% for tax year 1946 percentage of 1954 taxes 88.82% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 320742 358356 percentage of taxable income= 53.46% for tax year 1946 percentage of 1954 taxes 89.50% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 395563 438906 percentage of taxable income= 56.51% for tax year 1946 percentage of 1954 taxes 90.12% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 472747 523100 percentage of taxable income= 59.09% for tax year 1946 percentage of 1954 taxes 90.37% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 552296 610528 percentage of taxable income= 61.37% for tax year 1946 percentage of 1954 taxes 90.46% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 634209 699528 percentage of taxable income= 63.42% for tax year 1946 percentage of 1954 taxes 90.66%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1947 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 10.597866219 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 21196 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 21196 but not over $ 42391 $ 4239, plus 22.00% of excess over $ 21196 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 42391 but not over $ 63587 $ 8902, plus 26.00% of excess over $ 42391 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 63587 but not over $ 84783 $ 14413, plus 30.00% of excess over $ 63587 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 84783 but not over $ 105979 $ 20772, plus 34.00% of excess over $ 84783 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 105979 but not over $ 127174 $ 27978, plus 38.00% of excess over $ 105979 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 127174 but not over $ 148370 $ 36033, plus 43.00% of excess over $ 127174 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 148370 but not over $ 169566 $ 45147, plus 47.00% of excess over $ 148370 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 169566 but not over $ 190762 $ 55109, plus 50.00% of excess over $ 169566 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 190762 but not over $ 211957 $ 65707, plus 53.00% of excess over $ 190762 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 211957 but not over $ 233153 $ 76941, plus 56.00% of excess over $ 211957 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 233153 but not over $ 275545 $ 88810, plus 59.00% of excess over $ 233153 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 275545 but not over $ 339132 $ 113821, plus 62.00% of excess over $ 275545 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 339132 but not over $ 402719 $ 153245, plus 65.00% of excess over $ 339132 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 402719 but not over $ 466306 $ 194577, plus 69.00% of excess over $ 402719 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 466306 but not over $ 529893 $ 238452, plus 72.00% of excess over $ 466306 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 529893 but not over $ 635872 $ 284235, plus 75.00% of excess over $ 529893 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 635872 but not over $ 741851 $ 363719, plus 78.00% of excess over $ 635872 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 741851 but not over $ 847829 $ 446382, plus 81.00% of excess over $ 741851 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 847829 but not over $ 953808 $ 532225, plus 84.00% of excess over $ 847829 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 953808 but not over $1059787 $ 621247, plus 87.00% of excess over $ 953808 66.28% effective overall tax rate(computed on tax on middle of income range) Over $1059787 but not over $1589680 $ 713448, plus 89.00% of excess over $1059787 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1589680 but not over $2119573 $1185053, plus 90.00% of excess over $1589680 76.75% effective overall tax rate(computed on tax on middle of income range) Over $2119573 ........................ $1661957, plus 91.00% of excess over $2119573 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1947 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1947 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4000 4049 percentage of taxable income= 20.00% for tax year 1947 percentage of 1954 taxes 98.80% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6176 6249 percentage of taxable income= 20.59% for tax year 1947 percentage of 1954 taxes 98.84% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8376 8643 percentage of taxable income= 20.94% for tax year 1947 percentage of 1954 taxes 96.91% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10880 11243 percentage of taxable income= 21.76% for tax year 1947 percentage of 1954 taxes 96.78% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 13480 14134 percentage of taxable income= 22.47% for tax year 1947 percentage of 1954 taxes 95.37% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 16337 17134 percentage of taxable income= 23.34% for tax year 1947 percentage of 1954 taxes 95.35% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 19337 20523 percentage of taxable income= 24.17% for tax year 1947 percentage of 1954 taxes 94.22% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 22546 24009 percentage of taxable income= 25.05% for tax year 1947 percentage of 1954 taxes 93.91% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 25946 27809 percentage of taxable income= 25.95% for tax year 1947 percentage of 1954 taxes 93.30% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 45913 50400 percentage of taxable income= 30.61% for tax year 1947 percentage of 1954 taxes 91.10% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 70603 77586 percentage of taxable income= 35.30% for tax year 1947 percentage of 1954 taxes 91.00% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 98750 107734 percentage of taxable income= 39.50% for tax year 1947 percentage of 1954 taxes 91.66% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 128983 139299 percentage of taxable income= 42.99% for tax year 1947 percentage of 1954 taxes 92.59% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 160310 172445 percentage of taxable income= 45.80% for tax year 1947 percentage of 1954 taxes 92.96% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 192810 207348 percentage of taxable income= 48.20% for tax year 1947 percentage of 1954 taxes 92.99% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 227201 243670 percentage of taxable income= 50.49% for tax year 1947 percentage of 1954 taxes 93.24% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 262712 281170 percentage of taxable income= 52.54% for tax year 1947 percentage of 1954 taxes 93.44% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 336815 358356 percentage of taxable income= 56.14% for tax year 1947 percentage of 1954 taxes 93.99% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 413739 438906 percentage of taxable income= 59.11% for tax year 1947 percentage of 1954 taxes 94.27% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 493483 523100 percentage of taxable income= 61.69% for tax year 1947 percentage of 1954 taxes 94.34% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 576048 610528 percentage of taxable income= 64.01% for tax year 1947 percentage of 1954 taxes 94.35% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 661434 699528 percentage of taxable income= 66.14% for tax year 1947 percentage of 1954 taxes 94.55%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1948 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 9.806324343 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 19613 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 19613 but not over $ 39225 $ 3923, plus 22.00% of excess over $ 19613 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 39225 but not over $ 58838 $ 8237, plus 26.00% of excess over $ 39225 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 58838 but not over $ 78451 $ 13337, plus 30.00% of excess over $ 58838 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 78451 but not over $ 98063 $ 19220, plus 34.00% of excess over $ 78451 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 98063 but not over $ 117676 $ 25889, plus 38.00% of excess over $ 98063 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 117676 but not over $ 137289 $ 33342, plus 43.00% of excess over $ 117676 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 137289 but not over $ 156901 $ 41775, plus 47.00% of excess over $ 137289 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 156901 but not over $ 176514 $ 50993, plus 50.00% of excess over $ 156901 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 176514 but not over $ 196126 $ 60799, plus 53.00% of excess over $ 176514 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 196126 but not over $ 215739 $ 71194, plus 56.00% of excess over $ 196126 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 215739 but not over $ 254964 $ 82177, plus 59.00% of excess over $ 215739 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 254964 but not over $ 313802 $ 105320, plus 62.00% of excess over $ 254964 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 313802 but not over $ 372640 $ 141799, plus 65.00% of excess over $ 313802 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 372640 but not over $ 431478 $ 180044, plus 69.00% of excess over $ 372640 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 431478 but not over $ 490316 $ 220642, plus 72.00% of excess over $ 431478 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 490316 but not over $ 588379 $ 263006, plus 75.00% of excess over $ 490316 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 588379 but not over $ 686443 $ 336553, plus 78.00% of excess over $ 588379 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 686443 but not over $ 784506 $ 413042, plus 81.00% of excess over $ 686443 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 784506 but not over $ 882569 $ 492474, plus 84.00% of excess over $ 784506 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 882569 but not over $ 980632 $ 574847, plus 87.00% of excess over $ 882569 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 980632 but not over $1470949 $ 660162, plus 89.00% of excess over $ 980632 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1470949 but not over $1961265 $1096543, plus 90.00% of excess over $1470949 76.75% effective overall tax rate(computed on tax on middle of income range) Over $1961265 ........................ $1537828, plus 91.00% of excess over $1961265 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1948 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1948 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4008 4049 percentage of taxable income= 20.04% for tax year 1948 percentage of 1954 taxes 98.99% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6208 6249 percentage of taxable income= 20.69% for tax year 1948 percentage of 1954 taxes 99.35% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8439 8643 percentage of taxable income= 21.10% for tax year 1948 percentage of 1954 taxes 97.64% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11039 11243 percentage of taxable income= 22.08% for tax year 1948 percentage of 1954 taxes 98.18% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 13685 14134 percentage of taxable income= 22.81% for tax year 1948 percentage of 1954 taxes 96.82% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 16685 17134 percentage of taxable income= 23.84% for tax year 1948 percentage of 1954 taxes 97.38% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 19747 20523 percentage of taxable income= 24.68% for tax year 1948 percentage of 1954 taxes 96.22% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 23147 24009 percentage of taxable income= 25.72% for tax year 1948 percentage of 1954 taxes 96.41% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 26625 27809 percentage of taxable income= 26.62% for tax year 1948 percentage of 1954 taxes 95.74% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 47749 50400 percentage of taxable income= 31.83% for tax year 1948 percentage of 1954 taxes 94.74% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 73363 77586 percentage of taxable income= 36.68% for tax year 1948 percentage of 1954 taxes 94.56% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 102391 107734 percentage of taxable income= 40.96% for tax year 1948 percentage of 1954 taxes 95.04% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 133242 139299 percentage of taxable income= 44.41% for tax year 1948 percentage of 1954 taxes 95.65% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 165328 172445 percentage of taxable income= 47.24% for tax year 1948 percentage of 1954 taxes 95.87% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 198922 207348 percentage of taxable income= 49.73% for tax year 1948 percentage of 1954 taxes 95.94% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 233978 243670 percentage of taxable income= 52.00% for tax year 1948 percentage of 1954 taxes 96.02% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 270268 281170 percentage of taxable income= 54.05% for tax year 1948 percentage of 1954 taxes 96.12% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 345617 358356 percentage of taxable income= 57.60% for tax year 1948 percentage of 1954 taxes 96.45% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 424024 438906 percentage of taxable income= 60.57% for tax year 1948 percentage of 1954 taxes 96.61% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 505489 523100 percentage of taxable income= 63.19% for tax year 1948 percentage of 1954 taxes 96.63% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 590012 610528 percentage of taxable income= 65.56% for tax year 1948 percentage of 1954 taxes 96.64% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 677399 699528 percentage of taxable income= 67.74% for tax year 1948 percentage of 1954 taxes 96.84%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1949 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 9.929933473 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 19860 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 19860 but not over $ 39720 $ 3972, plus 22.00% of excess over $ 19860 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 39720 but not over $ 59580 $ 8341, plus 26.00% of excess over $ 39720 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 59580 but not over $ 79439 $ 13505, plus 30.00% of excess over $ 59580 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 79439 but not over $ 99299 $ 19463, plus 34.00% of excess over $ 79439 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 99299 but not over $ 119159 $ 26215, plus 38.00% of excess over $ 99299 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 119159 but not over $ 139019 $ 33762, plus 43.00% of excess over $ 119159 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 139019 but not over $ 158879 $ 42302, plus 47.00% of excess over $ 139019 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 158879 but not over $ 178739 $ 51636, plus 50.00% of excess over $ 158879 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 178739 but not over $ 198599 $ 61566, plus 53.00% of excess over $ 178739 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 198599 but not over $ 218459 $ 72091, plus 56.00% of excess over $ 198599 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 218459 but not over $ 258178 $ 83213, plus 59.00% of excess over $ 218459 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 258178 but not over $ 317758 $ 106647, plus 62.00% of excess over $ 258178 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 317758 but not over $ 377337 $ 143587, plus 65.00% of excess over $ 317758 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 377337 but not over $ 436917 $ 182314, plus 69.00% of excess over $ 377337 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 436917 but not over $ 496497 $ 223424, plus 72.00% of excess over $ 436917 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 496497 but not over $ 595796 $ 266321, plus 75.00% of excess over $ 496497 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 595796 but not over $ 695095 $ 340795, plus 78.00% of excess over $ 595796 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 695095 but not over $ 794395 $ 418249, plus 81.00% of excess over $ 695095 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 794395 but not over $ 893694 $ 498681, plus 84.00% of excess over $ 794395 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 893694 but not over $ 992993 $ 582093, plus 87.00% of excess over $ 893694 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 992993 but not over $1489490 $ 668483, plus 89.00% of excess over $ 992993 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1489490 but not over $1985987 $1110365, plus 90.00% of excess over $1489490 76.75% effective overall tax rate(computed on tax on middle of income range) Over $1985987 ........................ $1557212, plus 91.00% of excess over $1985987 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1949 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1949 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4003 4049 percentage of taxable income= 20.01% for tax year 1949 percentage of 1954 taxes 98.87% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6203 6249 percentage of taxable income= 20.68% for tax year 1949 percentage of 1954 taxes 99.27% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8414 8643 percentage of taxable income= 21.04% for tax year 1949 percentage of 1954 taxes 97.35% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11014 11243 percentage of taxable income= 22.03% for tax year 1949 percentage of 1954 taxes 97.96% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 13631 14134 percentage of taxable income= 22.72% for tax year 1949 percentage of 1954 taxes 96.44% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 16631 17134 percentage of taxable income= 23.76% for tax year 1949 percentage of 1954 taxes 97.06% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 19653 20523 percentage of taxable income= 24.57% for tax year 1949 percentage of 1954 taxes 95.76% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 23053 24009 percentage of taxable income= 25.61% for tax year 1949 percentage of 1954 taxes 96.02% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 26481 27809 percentage of taxable income= 26.48% for tax year 1949 percentage of 1954 taxes 95.23% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 47463 50400 percentage of taxable income= 31.64% for tax year 1949 percentage of 1954 taxes 94.17% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 72876 77586 percentage of taxable income= 36.44% for tax year 1949 percentage of 1954 taxes 93.93% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 101822 107734 percentage of taxable income= 40.73% for tax year 1949 percentage of 1954 taxes 94.51% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 132577 139299 percentage of taxable income= 44.19% for tax year 1949 percentage of 1954 taxes 95.17% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 164544 172445 percentage of taxable income= 47.01% for tax year 1949 percentage of 1954 taxes 95.42% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 197951 207348 percentage of taxable income= 49.49% for tax year 1949 percentage of 1954 taxes 95.47% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 232843 243670 percentage of taxable income= 51.74% for tax year 1949 percentage of 1954 taxes 95.56% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 268948 281170 percentage of taxable income= 53.79% for tax year 1949 percentage of 1954 taxes 95.65% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 344074 358356 percentage of taxable income= 57.35% for tax year 1949 percentage of 1954 taxes 96.01% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 422222 438906 percentage of taxable income= 60.32% for tax year 1949 percentage of 1954 taxes 96.20% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 503390 523100 percentage of taxable income= 62.92% for tax year 1949 percentage of 1954 taxes 96.23% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 587579 610528 percentage of taxable income= 65.29% for tax year 1949 percentage of 1954 taxes 96.24% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 674719 699528 percentage of taxable income= 67.47% for tax year 1949 percentage of 1954 taxes 96.45%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1950 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 9.806324343 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 19613 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 19613 but not over $ 39225 $ 3923, plus 22.00% of excess over $ 19613 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 39225 but not over $ 58838 $ 8237, plus 26.00% of excess over $ 39225 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 58838 but not over $ 78451 $ 13337, plus 30.00% of excess over $ 58838 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 78451 but not over $ 98063 $ 19220, plus 34.00% of excess over $ 78451 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 98063 but not over $ 117676 $ 25889, plus 38.00% of excess over $ 98063 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 117676 but not over $ 137289 $ 33342, plus 43.00% of excess over $ 117676 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 137289 but not over $ 156901 $ 41775, plus 47.00% of excess over $ 137289 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 156901 but not over $ 176514 $ 50993, plus 50.00% of excess over $ 156901 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 176514 but not over $ 196126 $ 60799, plus 53.00% of excess over $ 176514 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 196126 but not over $ 215739 $ 71194, plus 56.00% of excess over $ 196126 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 215739 but not over $ 254964 $ 82177, plus 59.00% of excess over $ 215739 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 254964 but not over $ 313802 $ 105320, plus 62.00% of excess over $ 254964 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 313802 but not over $ 372640 $ 141799, plus 65.00% of excess over $ 313802 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 372640 but not over $ 431478 $ 180044, plus 69.00% of excess over $ 372640 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 431478 but not over $ 490316 $ 220642, plus 72.00% of excess over $ 431478 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 490316 but not over $ 588379 $ 263006, plus 75.00% of excess over $ 490316 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 588379 but not over $ 686443 $ 336553, plus 78.00% of excess over $ 588379 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 686443 but not over $ 784506 $ 413042, plus 81.00% of excess over $ 686443 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 784506 but not over $ 882569 $ 492474, plus 84.00% of excess over $ 784506 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 882569 but not over $ 980632 $ 574847, plus 87.00% of excess over $ 882569 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 980632 but not over $1470949 $ 660162, plus 89.00% of excess over $ 980632 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1470949 but not over $1961265 $1096543, plus 90.00% of excess over $1470949 76.75% effective overall tax rate(computed on tax on middle of income range) Over $1961265 ........................ $1537828, plus 91.00% of excess over $1961265 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1950 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1950 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4008 4049 percentage of taxable income= 20.04% for tax year 1950 percentage of 1954 taxes 98.99% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6208 6249 percentage of taxable income= 20.69% for tax year 1950 percentage of 1954 taxes 99.35% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8439 8643 percentage of taxable income= 21.10% for tax year 1950 percentage of 1954 taxes 97.64% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11039 11243 percentage of taxable income= 22.08% for tax year 1950 percentage of 1954 taxes 98.18% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 13685 14134 percentage of taxable income= 22.81% for tax year 1950 percentage of 1954 taxes 96.82% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 16685 17134 percentage of taxable income= 23.84% for tax year 1950 percentage of 1954 taxes 97.38% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 19747 20523 percentage of taxable income= 24.68% for tax year 1950 percentage of 1954 taxes 96.22% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 23147 24009 percentage of taxable income= 25.72% for tax year 1950 percentage of 1954 taxes 96.41% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 26625 27809 percentage of taxable income= 26.62% for tax year 1950 percentage of 1954 taxes 95.74% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 47749 50400 percentage of taxable income= 31.83% for tax year 1950 percentage of 1954 taxes 94.74% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 73363 77586 percentage of taxable income= 36.68% for tax year 1950 percentage of 1954 taxes 94.56% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 102391 107734 percentage of taxable income= 40.96% for tax year 1950 percentage of 1954 taxes 95.04% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 133242 139299 percentage of taxable income= 44.41% for tax year 1950 percentage of 1954 taxes 95.65% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 165328 172445 percentage of taxable income= 47.24% for tax year 1950 percentage of 1954 taxes 95.87% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 198922 207348 percentage of taxable income= 49.73% for tax year 1950 percentage of 1954 taxes 95.94% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 233978 243670 percentage of taxable income= 52.00% for tax year 1950 percentage of 1954 taxes 96.02% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 270268 281170 percentage of taxable income= 54.05% for tax year 1950 percentage of 1954 taxes 96.12% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 345617 358356 percentage of taxable income= 57.60% for tax year 1950 percentage of 1954 taxes 96.45% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 424024 438906 percentage of taxable income= 60.57% for tax year 1950 percentage of 1954 taxes 96.61% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 505489 523100 percentage of taxable income= 63.19% for tax year 1950 percentage of 1954 taxes 96.63% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 590012 610528 percentage of taxable income= 65.56% for tax year 1950 percentage of 1954 taxes 96.64% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 677399 699528 percentage of taxable income= 67.74% for tax year 1950 percentage of 1954 taxes 96.84%
Not over $ 2000 ................................... 20.40% of the taxable income 20.40% effective overall tax rate Over $ 2000 but not over $ 4000 $ 408, plus 22.40% of excess over $ 2000 21.07% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 856, plus 27.00% of excess over $ 4000 22.52% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1396, plus 30.00% of excess over $ 6000 24.23% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1996, plus 35.00% of excess over $ 8000 26.07% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2696, plus 39.00% of excess over $ 10000 28.05% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3476, plus 43.00% of excess over $ 12000 30.05% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4336, plus 48.00% of excess over $ 14000 32.11% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5296, plus 51.00% of excess over $ 16000 34.15% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6316, plus 54.00% of excess over $ 18000 36.08% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7396, plus 57.00% of excess over $ 20000 37.93% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8536, plus 60.00% of excess over $ 22000 40.57% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10936, plus 63.00% of excess over $ 26000 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14716, plus 66.00% of excess over $ 32000 47.70% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18676, plus 69.00% of excess over $ 38000 50.60% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22816, plus 73.00% of excess over $ 44000 53.20% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 27196, plus 75.00% of excess over $ 50000 56.27% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34696, plus 78.00% of excess over $ 60000 59.38% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42496, plus 82.00% of excess over $ 70000 62.13% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50696, plus 84.00% of excess over $ 80000 64.58% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 59096, plus 87.00% of excess over $ 90000 66.79% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67796, plus 89.00% of excess over $ 100000 72.04% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 112296, plus 90.00% of excess over $ 150000 77.03% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 157296, plus 91.00% of excess over $ 200000 78.65% <=> 91.00% effective overall tax rate as income goes to infinity1951 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 9.089708333 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 18179 ................................... 20.40% of the taxable income 20.40% effective overall tax rate Over $ 18179 but not over $ 36359 $ 3709, plus 22.40% of excess over $ 18179 21.07% effective overall tax rate(computed on tax on middle of income range) Over $ 36359 but not over $ 54538 $ 7781, plus 27.00% of excess over $ 36359 22.52% effective overall tax rate(computed on tax on middle of income range) Over $ 54538 but not over $ 72718 $ 12689, plus 30.00% of excess over $ 54538 24.23% effective overall tax rate(computed on tax on middle of income range) Over $ 72718 but not over $ 90897 $ 18143, plus 35.00% of excess over $ 72718 26.07% effective overall tax rate(computed on tax on middle of income range) Over $ 90897 but not over $ 109076 $ 24506, plus 39.00% of excess over $ 90897 28.05% effective overall tax rate(computed on tax on middle of income range) Over $ 109076 but not over $ 127256 $ 31596, plus 43.00% of excess over $ 109076 30.05% effective overall tax rate(computed on tax on middle of income range) Over $ 127256 but not over $ 145435 $ 39413, plus 48.00% of excess over $ 127256 32.11% effective overall tax rate(computed on tax on middle of income range) Over $ 145435 but not over $ 163615 $ 48139, plus 51.00% of excess over $ 145435 34.15% effective overall tax rate(computed on tax on middle of income range) Over $ 163615 but not over $ 181794 $ 57411, plus 54.00% of excess over $ 163615 36.08% effective overall tax rate(computed on tax on middle of income range) Over $ 181794 but not over $ 199974 $ 67227, plus 57.00% of excess over $ 181794 37.93% effective overall tax rate(computed on tax on middle of income range) Over $ 199974 but not over $ 236332 $ 77590, plus 60.00% of excess over $ 199974 40.57% effective overall tax rate(computed on tax on middle of income range) Over $ 236332 but not over $ 290871 $ 99405, plus 63.00% of excess over $ 236332 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 290871 but not over $ 345409 $ 133764, plus 66.00% of excess over $ 290871 47.70% effective overall tax rate(computed on tax on middle of income range) Over $ 345409 but not over $ 399947 $ 169759, plus 69.00% of excess over $ 345409 50.60% effective overall tax rate(computed on tax on middle of income range) Over $ 399947 but not over $ 454485 $ 207391, plus 73.00% of excess over $ 399947 53.20% effective overall tax rate(computed on tax on middle of income range) Over $ 454485 but not over $ 545382 $ 247204, plus 75.00% of excess over $ 454485 56.27% effective overall tax rate(computed on tax on middle of income range) Over $ 545382 but not over $ 636280 $ 315377, plus 78.00% of excess over $ 545382 59.38% effective overall tax rate(computed on tax on middle of income range) Over $ 636280 but not over $ 727177 $ 386276, plus 82.00% of excess over $ 636280 62.13% effective overall tax rate(computed on tax on middle of income range) Over $ 727177 but not over $ 818074 $ 460812, plus 84.00% of excess over $ 727177 64.58% effective overall tax rate(computed on tax on middle of income range) Over $ 818074 but not over $ 908971 $ 537165, plus 87.00% of excess over $ 818074 66.79% effective overall tax rate(computed on tax on middle of income range) Over $ 908971 but not over $1363456 $ 616246, plus 89.00% of excess over $ 908971 72.04% effective overall tax rate(computed on tax on middle of income range) Over $1363456 but not over $1817942 $1020738, plus 90.00% of excess over $1363456 77.03% effective overall tax rate(computed on tax on middle of income range) Over $1817942 ........................ $1429775, plus 91.00% of excess over $1817942 78.65% <=> 91.00% effective overall tax rate as income goes to infinity
1951 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2040 2000 percentage of taxable income= 20.40% for tax year 1951 percentage of 1954 taxes 102.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4116 4049 percentage of taxable income= 20.58% for tax year 1951 percentage of 1954 taxes 101.68% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6356 6249 percentage of taxable income= 21.19% for tax year 1951 percentage of 1954 taxes 101.73% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8764 8643 percentage of taxable income= 21.91% for tax year 1951 percentage of 1954 taxes 101.40% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11464 11243 percentage of taxable income= 22.93% for tax year 1951 percentage of 1954 taxes 101.97% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 14328 14134 percentage of taxable income= 23.88% for tax year 1951 percentage of 1954 taxes 101.37% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17328 17134 percentage of taxable income= 24.75% for tax year 1951 percentage of 1954 taxes 101.13% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 20692 20523 percentage of taxable income= 25.86% for tax year 1951 percentage of 1954 taxes 100.82% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 24192 24009 percentage of taxable income= 26.88% for tax year 1951 percentage of 1954 taxes 100.76% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 28056 27809 percentage of taxable income= 28.06% for tax year 1951 percentage of 1954 taxes 100.89% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 50467 50400 percentage of taxable income= 33.64% for tax year 1951 percentage of 1954 taxes 100.13% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 77606 77586 percentage of taxable income= 38.80% for tax year 1951 percentage of 1954 taxes 100.02% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 108016 107734 percentage of taxable income= 43.21% for tax year 1951 percentage of 1954 taxes 100.26% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 139790 139299 percentage of taxable income= 46.60% for tax year 1951 percentage of 1954 taxes 100.35% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 172927 172445 percentage of taxable income= 49.41% for tax year 1951 percentage of 1954 taxes 100.28% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 207429 207348 percentage of taxable income= 51.86% for tax year 1951 percentage of 1954 taxes 100.04% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 243929 243670 percentage of taxable income= 54.21% for tax year 1951 percentage of 1954 taxes 100.11% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 281340 281170 percentage of taxable income= 56.27% for tax year 1951 percentage of 1954 taxes 100.06% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 357978 358356 percentage of taxable income= 59.66% for tax year 1951 percentage of 1954 taxes 99.89% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 438527 438906 percentage of taxable income= 62.65% for tax year 1951 percentage of 1954 taxes 99.91% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 521983 523100 percentage of taxable income= 65.25% for tax year 1951 percentage of 1954 taxes 99.79% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 608441 610528 percentage of taxable income= 67.60% for tax year 1951 percentage of 1954 taxes 99.66% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 697262 699528 percentage of taxable income= 69.73% for tax year 1951 percentage of 1954 taxes 99.68%
Not over $ 2000 ................................... 22.20% of the taxable income 22.20% effective overall tax rate Over $ 2000 but not over $ 4000 $ 444, plus 24.60% of excess over $ 2000 23.00% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 936, plus 29.00% of excess over $ 4000 24.52% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1516, plus 34.00% of excess over $ 6000 26.51% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 2196, plus 38.00% of excess over $ 8000 28.62% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2956, plus 42.00% of excess over $ 10000 30.69% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3796, plus 48.00% of excess over $ 12000 32.89% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4756, plus 53.00% of excess over $ 14000 35.24% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5816, plus 56.00% of excess over $ 16000 37.51% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6936, plus 59.00% of excess over $ 18000 39.61% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 8116, plus 62.00% of excess over $ 20000 41.60% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 9356, plus 66.00% of excess over $ 22000 44.48% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 11996, plus 67.00% of excess over $ 26000 48.30% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 16016, plus 68.00% of excess over $ 32000 51.59% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 20096, plus 72.00% of excess over $ 38000 54.28% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 24416, plus 75.00% of excess over $ 44000 56.74% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 28916, plus 77.00% of excess over $ 50000 59.57% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 36616, plus 80.00% of excess over $ 60000 62.49% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 44616, plus 83.00% of excess over $ 70000 65.02% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 52916, plus 85.00% of excess over $ 80000 67.25% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 61416, plus 88.00% of excess over $ 90000 69.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 70216, plus 90.00% of excess over $ 100000 74.17% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 115216, plus 91.00% of excess over $ 150000 78.84% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 160716, plus 92.00% of excess over $ 200000 80.36% <=> 92.00% effective overall tax rate as income goes to infinity1952 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 8.918204403 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 17836 ................................... 22.20% of the taxable income 22.20% effective overall tax rate Over $ 17836 but not over $ 35673 $ 3960, plus 24.60% of excess over $ 17836 23.00% effective overall tax rate(computed on tax on middle of income range) Over $ 35673 but not over $ 53509 $ 8347, plus 29.00% of excess over $ 35673 24.52% effective overall tax rate(computed on tax on middle of income range) Over $ 53509 but not over $ 71346 $ 13520, plus 34.00% of excess over $ 53509 26.51% effective overall tax rate(computed on tax on middle of income range) Over $ 71346 but not over $ 89182 $ 19584, plus 38.00% of excess over $ 71346 28.62% effective overall tax rate(computed on tax on middle of income range) Over $ 89182 but not over $ 107018 $ 26362, plus 42.00% of excess over $ 89182 30.69% effective overall tax rate(computed on tax on middle of income range) Over $ 107018 but not over $ 124855 $ 33854, plus 48.00% of excess over $ 107018 32.89% effective overall tax rate(computed on tax on middle of income range) Over $ 124855 but not over $ 142691 $ 42415, plus 53.00% of excess over $ 124855 35.24% effective overall tax rate(computed on tax on middle of income range) Over $ 142691 but not over $ 160528 $ 51868, plus 56.00% of excess over $ 142691 37.51% effective overall tax rate(computed on tax on middle of income range) Over $ 160528 but not over $ 178364 $ 61857, plus 59.00% of excess over $ 160528 39.61% effective overall tax rate(computed on tax on middle of income range) Over $ 178364 but not over $ 196200 $ 72380, plus 62.00% of excess over $ 178364 41.60% effective overall tax rate(computed on tax on middle of income range) Over $ 196200 but not over $ 231873 $ 83439, plus 66.00% of excess over $ 196200 44.48% effective overall tax rate(computed on tax on middle of income range) Over $ 231873 but not over $ 285383 $ 106983, plus 67.00% of excess over $ 231873 48.30% effective overall tax rate(computed on tax on middle of income range) Over $ 285383 but not over $ 338892 $ 142834, plus 68.00% of excess over $ 285383 51.59% effective overall tax rate(computed on tax on middle of income range) Over $ 338892 but not over $ 392401 $ 179220, plus 72.00% of excess over $ 338892 54.28% effective overall tax rate(computed on tax on middle of income range) Over $ 392401 but not over $ 445910 $ 217747, plus 75.00% of excess over $ 392401 56.74% effective overall tax rate(computed on tax on middle of income range) Over $ 445910 but not over $ 535092 $ 257879, plus 77.00% of excess over $ 445910 59.57% effective overall tax rate(computed on tax on middle of income range) Over $ 535092 but not over $ 624274 $ 326549, plus 80.00% of excess over $ 535092 62.49% effective overall tax rate(computed on tax on middle of income range) Over $ 624274 but not over $ 713456 $ 397895, plus 83.00% of excess over $ 624274 65.02% effective overall tax rate(computed on tax on middle of income range) Over $ 713456 but not over $ 802638 $ 471916, plus 85.00% of excess over $ 713456 67.25% effective overall tax rate(computed on tax on middle of income range) Over $ 802638 but not over $ 891820 $ 547720, plus 88.00% of excess over $ 802638 69.28% effective overall tax rate(computed on tax on middle of income range) Over $ 891820 but not over $1337731 $ 626201, plus 90.00% of excess over $ 891820 74.17% effective overall tax rate(computed on tax on middle of income range) Over $1337731 but not over $1783641 $1027520, plus 91.00% of excess over $1337731 78.84% effective overall tax rate(computed on tax on middle of income range) Over $1783641 ........................ $1433298, plus 92.00% of excess over $1783641 80.36% <=> 92.00% effective overall tax rate as income goes to infinity
1952 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2220 2000 percentage of taxable income= 22.20% for tax year 1952 percentage of 1954 taxes 111.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4492 4049 percentage of taxable income= 22.46% for tax year 1952 percentage of 1954 taxes 110.95% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6952 6249 percentage of taxable income= 23.17% for tax year 1952 percentage of 1954 taxes 111.26% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 9602 8643 percentage of taxable income= 24.01% for tax year 1952 percentage of 1954 taxes 111.10% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 12502 11243 percentage of taxable income= 25.00% for tax year 1952 percentage of 1954 taxes 111.20% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 15727 14134 percentage of taxable income= 26.21% for tax year 1952 percentage of 1954 taxes 111.27% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 19127 17134 percentage of taxable income= 27.32% for tax year 1952 percentage of 1954 taxes 111.63% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 22873 20523 percentage of taxable income= 28.59% for tax year 1952 percentage of 1954 taxes 111.45% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 26706 24009 percentage of taxable income= 29.67% for tax year 1952 percentage of 1954 taxes 111.23% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 30906 27809 percentage of taxable income= 30.91% for tax year 1952 percentage of 1954 taxes 111.14% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 55961 50400 percentage of taxable income= 37.31% for tax year 1952 percentage of 1954 taxes 111.03% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 85946 77586 percentage of taxable income= 42.97% for tax year 1952 percentage of 1954 taxes 110.78% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 119128 107734 percentage of taxable income= 47.65% for tax year 1952 percentage of 1954 taxes 110.58% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 152774 139299 percentage of taxable income= 50.92% for tax year 1952 percentage of 1954 taxes 109.67% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 187218 172445 percentage of taxable income= 53.49% for tax year 1952 percentage of 1954 taxes 108.57% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 223446 207348 percentage of taxable income= 55.86% for tax year 1952 percentage of 1954 taxes 107.76% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 261028 243670 percentage of taxable income= 58.01% for tax year 1952 percentage of 1954 taxes 107.12% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 299528 281170 percentage of taxable income= 59.91% for tax year 1952 percentage of 1954 taxes 106.53% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 378475 358356 percentage of taxable income= 63.08% for tax year 1952 percentage of 1954 taxes 105.61% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 460747 438906 percentage of taxable income= 65.82% for tax year 1952 percentage of 1954 taxes 104.98% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 545478 523100 percentage of taxable income= 68.18% for tax year 1952 percentage of 1954 taxes 104.28% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 633562 610528 percentage of taxable income= 70.40% for tax year 1952 percentage of 1954 taxes 103.77% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 723562 699528 percentage of taxable income= 72.36% for tax year 1952 percentage of 1954 taxes 103.44%
Not over $ 2000 ................................... 22.20% of the taxable income 22.20% effective overall tax rate Over $ 2000 but not over $ 4000 $ 444, plus 24.60% of excess over $ 2000 23.00% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 936, plus 29.00% of excess over $ 4000 24.52% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1516, plus 34.00% of excess over $ 6000 26.51% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 2196, plus 38.00% of excess over $ 8000 28.62% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2956, plus 42.00% of excess over $ 10000 30.69% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3796, plus 48.00% of excess over $ 12000 32.89% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4756, plus 53.00% of excess over $ 14000 35.24% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5816, plus 56.00% of excess over $ 16000 37.51% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6936, plus 59.00% of excess over $ 18000 39.61% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 8116, plus 62.00% of excess over $ 20000 41.60% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 9356, plus 66.00% of excess over $ 22000 44.48% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 11996, plus 67.00% of excess over $ 26000 48.30% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 16016, plus 68.00% of excess over $ 32000 51.59% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 20096, plus 72.00% of excess over $ 38000 54.28% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 24416, plus 75.00% of excess over $ 44000 56.74% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 28916, plus 77.00% of excess over $ 50000 59.57% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 36616, plus 80.00% of excess over $ 60000 62.49% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 44616, plus 83.00% of excess over $ 70000 65.02% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 52916, plus 85.00% of excess over $ 80000 67.25% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 61416, plus 88.00% of excess over $ 90000 69.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 70216, plus 90.00% of excess over $ 100000 74.17% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 115216, plus 91.00% of excess over $ 150000 78.84% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 160716, plus 92.00% of excess over $ 200000 80.36% <=> 92.00% effective overall tax rate as income goes to infinity1953 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 8.851401373 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 17703 ................................... 22.20% of the taxable income 22.20% effective overall tax rate Over $ 17703 but not over $ 35406 $ 3930, plus 24.60% of excess over $ 17703 23.00% effective overall tax rate(computed on tax on middle of income range) Over $ 35406 but not over $ 53108 $ 8285, plus 29.00% of excess over $ 35406 24.52% effective overall tax rate(computed on tax on middle of income range) Over $ 53108 but not over $ 70811 $ 13419, plus 34.00% of excess over $ 53108 26.51% effective overall tax rate(computed on tax on middle of income range) Over $ 70811 but not over $ 88514 $ 19438, plus 38.00% of excess over $ 70811 28.62% effective overall tax rate(computed on tax on middle of income range) Over $ 88514 but not over $ 106217 $ 26165, plus 42.00% of excess over $ 88514 30.69% effective overall tax rate(computed on tax on middle of income range) Over $ 106217 but not over $ 123920 $ 33600, plus 48.00% of excess over $ 106217 32.89% effective overall tax rate(computed on tax on middle of income range) Over $ 123920 but not over $ 141622 $ 42097, plus 53.00% of excess over $ 123920 35.24% effective overall tax rate(computed on tax on middle of income range) Over $ 141622 but not over $ 159325 $ 51480, plus 56.00% of excess over $ 141622 37.51% effective overall tax rate(computed on tax on middle of income range) Over $ 159325 but not over $ 177028 $ 61393, plus 59.00% of excess over $ 159325 39.61% effective overall tax rate(computed on tax on middle of income range) Over $ 177028 but not over $ 194731 $ 71838, plus 62.00% of excess over $ 177028 41.60% effective overall tax rate(computed on tax on middle of income range) Over $ 194731 but not over $ 230136 $ 82814, plus 66.00% of excess over $ 194731 44.48% effective overall tax rate(computed on tax on middle of income range) Over $ 230136 but not over $ 283245 $ 106181, plus 67.00% of excess over $ 230136 48.30% effective overall tax rate(computed on tax on middle of income range) Over $ 283245 but not over $ 336353 $ 141764, plus 68.00% of excess over $ 283245 51.59% effective overall tax rate(computed on tax on middle of income range) Over $ 336353 but not over $ 389462 $ 177878, plus 72.00% of excess over $ 336353 54.28% effective overall tax rate(computed on tax on middle of income range) Over $ 389462 but not over $ 442570 $ 216116, plus 75.00% of excess over $ 389462 56.74% effective overall tax rate(computed on tax on middle of income range) Over $ 442570 but not over $ 531084 $ 255947, plus 77.00% of excess over $ 442570 59.57% effective overall tax rate(computed on tax on middle of income range) Over $ 531084 but not over $ 619598 $ 324103, plus 80.00% of excess over $ 531084 62.49% effective overall tax rate(computed on tax on middle of income range) Over $ 619598 but not over $ 708112 $ 394914, plus 83.00% of excess over $ 619598 65.02% effective overall tax rate(computed on tax on middle of income range) Over $ 708112 but not over $ 796626 $ 468381, plus 85.00% of excess over $ 708112 67.25% effective overall tax rate(computed on tax on middle of income range) Over $ 796626 but not over $ 885140 $ 543618, plus 88.00% of excess over $ 796626 69.28% effective overall tax rate(computed on tax on middle of income range) Over $ 885140 but not over $1327710 $ 621510, plus 90.00% of excess over $ 885140 74.17% effective overall tax rate(computed on tax on middle of income range) Over $1327710 but not over $1770280 $1019823, plus 91.00% of excess over $1327710 78.84% effective overall tax rate(computed on tax on middle of income range) Over $1770280 ........................ $1422562, plus 92.00% of excess over $1770280 80.36% <=> 92.00% effective overall tax rate as income goes to infinity
1953 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2220 2000 percentage of taxable income= 22.20% for tax year 1953 percentage of 1954 taxes 111.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4495 4049 percentage of taxable income= 22.48% for tax year 1953 percentage of 1954 taxes 111.03% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6955 6249 percentage of taxable income= 23.18% for tax year 1953 percentage of 1954 taxes 111.31% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 9617 8643 percentage of taxable income= 24.04% for tax year 1953 percentage of 1954 taxes 111.27% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 12517 11243 percentage of taxable income= 25.03% for tax year 1953 percentage of 1954 taxes 111.34% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 15762 14134 percentage of taxable income= 26.27% for tax year 1953 percentage of 1954 taxes 111.51% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 19162 17134 percentage of taxable income= 27.37% for tax year 1953 percentage of 1954 taxes 111.83% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 22929 20523 percentage of taxable income= 28.66% for tax year 1953 percentage of 1954 taxes 111.73% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 26789 24009 percentage of taxable income= 29.77% for tax year 1953 percentage of 1954 taxes 111.58% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 30989 27809 percentage of taxable income= 30.99% for tax year 1953 percentage of 1954 taxes 111.44% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 56171 50400 percentage of taxable income= 37.45% for tax year 1953 percentage of 1954 taxes 111.45% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 86291 77586 percentage of taxable income= 43.15% for tax year 1953 percentage of 1954 taxes 111.22% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 119490 107734 percentage of taxable income= 47.80% for tax year 1953 percentage of 1954 taxes 110.91% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 153158 139299 percentage of taxable income= 51.05% for tax year 1953 percentage of 1954 taxes 109.95% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 187703 172445 percentage of taxable income= 53.63% for tax year 1953 percentage of 1954 taxes 108.85% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 224020 207348 percentage of taxable income= 56.00% for tax year 1953 percentage of 1954 taxes 108.04% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 261668 243670 percentage of taxable income= 58.15% for tax year 1953 percentage of 1954 taxes 107.39% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 300168 281170 percentage of taxable income= 60.03% for tax year 1953 percentage of 1954 taxes 106.76% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 379236 358356 percentage of taxable income= 63.21% for tax year 1953 percentage of 1954 taxes 105.83% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 461648 438906 percentage of taxable income= 65.95% for tax year 1953 percentage of 1954 taxes 105.18% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 546587 523100 percentage of taxable income= 68.32% for tax year 1953 percentage of 1954 taxes 104.49% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 634884 610528 percentage of taxable income= 70.54% for tax year 1953 percentage of 1954 taxes 103.99% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 724884 699528 percentage of taxable income= 72.49% for tax year 1953 percentage of 1954 taxes 103.62%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1954 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 8.785591697 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 17571 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 17571 but not over $ 35142 $ 3514, plus 22.00% of excess over $ 17571 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 35142 but not over $ 52714 $ 7380, plus 26.00% of excess over $ 35142 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 52714 but not over $ 70285 $ 11948, plus 30.00% of excess over $ 52714 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 70285 but not over $ 87856 $ 17220, plus 34.00% of excess over $ 70285 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 87856 but not over $ 105427 $ 23194, plus 38.00% of excess over $ 87856 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 105427 but not over $ 122998 $ 29871, plus 43.00% of excess over $ 105427 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 122998 but not over $ 140569 $ 37427, plus 47.00% of excess over $ 122998 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 140569 but not over $ 158141 $ 45685, plus 50.00% of excess over $ 140569 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 158141 but not over $ 175712 $ 54471, plus 53.00% of excess over $ 158141 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 175712 but not over $ 193283 $ 63783, plus 56.00% of excess over $ 175712 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 193283 but not over $ 228425 $ 73623, plus 59.00% of excess over $ 193283 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 228425 but not over $ 281139 $ 94357, plus 62.00% of excess over $ 228425 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 281139 but not over $ 333852 $ 127040, plus 65.00% of excess over $ 281139 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 333852 but not over $ 386566 $ 161303, plus 69.00% of excess over $ 333852 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 386566 but not over $ 439280 $ 197676, plus 72.00% of excess over $ 386566 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 439280 but not over $ 527136 $ 235630, plus 75.00% of excess over $ 439280 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 527136 but not over $ 614991 $ 301522, plus 78.00% of excess over $ 527136 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 614991 but not over $ 702847 $ 370049, plus 81.00% of excess over $ 614991 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 702847 but not over $ 790703 $ 441212, plus 84.00% of excess over $ 702847 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 790703 but not over $ 878559 $ 515011, plus 87.00% of excess over $ 790703 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 878559 but not over $1317839 $ 591446, plus 89.00% of excess over $ 878559 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1317839 but not over $1757118 $ 982405, plus 90.00% of excess over $1317839 76.75% effective overall tax rate(computed on tax on middle of income range) Over $1757118 ........................ $1377756, plus 91.00% of excess over $1757118 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1954 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4049 4049 percentage of taxable income= 20.24% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6249 6249 percentage of taxable income= 20.83% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8643 8643 percentage of taxable income= 21.61% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11243 11243 percentage of taxable income= 22.49% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 14134 14134 percentage of taxable income= 23.56% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17134 17134 percentage of taxable income= 24.48% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 20523 20523 percentage of taxable income= 25.65% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 24009 24009 percentage of taxable income= 26.68% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 27809 27809 percentage of taxable income= 27.81% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 50400 50400 percentage of taxable income= 33.60% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 77586 77586 percentage of taxable income= 38.79% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 107734 107734 percentage of taxable income= 43.09% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 139299 139299 percentage of taxable income= 46.43% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 172445 172445 percentage of taxable income= 49.27% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 207348 207348 percentage of taxable income= 51.84% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 243670 243670 percentage of taxable income= 54.15% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 281170 281170 percentage of taxable income= 56.23% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 358356 358356 percentage of taxable income= 59.73% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 438906 438906 percentage of taxable income= 62.70% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 523100 523100 percentage of taxable income= 65.39% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 610528 610528 percentage of taxable income= 67.84% for tax year 1954 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 699528 699528 percentage of taxable income= 69.95% for tax year 1954 percentage of 1954 taxes 100.00%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1955 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 8.818373756 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 17637 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 17637 but not over $ 35273 $ 3527, plus 22.00% of excess over $ 17637 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 35273 but not over $ 52910 $ 7407, plus 26.00% of excess over $ 35273 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 52910 but not over $ 70547 $ 11993, plus 30.00% of excess over $ 52910 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 70547 but not over $ 88184 $ 17284, plus 34.00% of excess over $ 70547 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 88184 but not over $ 105820 $ 23281, plus 38.00% of excess over $ 88184 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 105820 but not over $ 123457 $ 29982, plus 43.00% of excess over $ 105820 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 123457 but not over $ 141094 $ 37566, plus 47.00% of excess over $ 123457 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 141094 but not over $ 158731 $ 45856, plus 50.00% of excess over $ 141094 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 158731 but not over $ 176367 $ 54674, plus 53.00% of excess over $ 158731 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 176367 but not over $ 194004 $ 64021, plus 56.00% of excess over $ 176367 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 194004 but not over $ 229278 $ 73898, plus 59.00% of excess over $ 194004 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 229278 but not over $ 282188 $ 94709, plus 62.00% of excess over $ 229278 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 282188 but not over $ 335098 $ 127514, plus 65.00% of excess over $ 282188 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 335098 but not over $ 388008 $ 161905, plus 69.00% of excess over $ 335098 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 388008 but not over $ 440919 $ 198413, plus 72.00% of excess over $ 388008 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 440919 but not over $ 529102 $ 236509, plus 75.00% of excess over $ 440919 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 529102 but not over $ 617286 $ 302647, plus 78.00% of excess over $ 529102 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 617286 but not over $ 705470 $ 371430, plus 81.00% of excess over $ 617286 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 705470 but not over $ 793654 $ 442859, plus 84.00% of excess over $ 705470 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 793654 but not over $ 881837 $ 516933, plus 87.00% of excess over $ 793654 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 881837 but not over $1322756 $ 593653, plus 89.00% of excess over $ 881837 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1322756 but not over $1763675 $ 986071, plus 90.00% of excess over $1322756 76.75% effective overall tax rate(computed on tax on middle of income range) Over $1763675 ........................ $1382897, plus 91.00% of excess over $1763675 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1955 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1955 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4047 4049 percentage of taxable income= 20.24% for tax year 1955 percentage of 1954 taxes 99.97% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6247 6249 percentage of taxable income= 20.82% for tax year 1955 percentage of 1954 taxes 99.98% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8636 8643 percentage of taxable income= 21.59% for tax year 1955 percentage of 1954 taxes 99.92% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11236 11243 percentage of taxable income= 22.47% for tax year 1955 percentage of 1954 taxes 99.94% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 14120 14134 percentage of taxable income= 23.53% for tax year 1955 percentage of 1954 taxes 99.90% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17120 17134 percentage of taxable income= 24.46% for tax year 1955 percentage of 1954 taxes 99.92% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 20498 20523 percentage of taxable income= 25.62% for tax year 1955 percentage of 1954 taxes 99.88% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 23971 24009 percentage of taxable income= 26.63% for tax year 1955 percentage of 1954 taxes 99.84% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 27771 27809 percentage of taxable income= 27.77% for tax year 1955 percentage of 1954 taxes 99.86% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 50309 50400 percentage of taxable income= 33.54% for tax year 1955 percentage of 1954 taxes 99.82% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 77435 77586 percentage of taxable income= 38.72% for tax year 1955 percentage of 1954 taxes 99.81% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 107557 107734 percentage of taxable income= 43.02% for tax year 1955 percentage of 1954 taxes 99.84% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 139092 139299 percentage of taxable income= 46.36% for tax year 1955 percentage of 1954 taxes 99.85% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 172188 172445 percentage of taxable income= 49.20% for tax year 1955 percentage of 1954 taxes 99.85% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 207047 207348 percentage of taxable income= 51.76% for tax year 1955 percentage of 1954 taxes 99.85% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 243320 243670 percentage of taxable income= 54.07% for tax year 1955 percentage of 1954 taxes 99.86% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 280820 281170 percentage of taxable income= 56.16% for tax year 1955 percentage of 1954 taxes 99.88% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 357947 358356 percentage of taxable income= 59.66% for tax year 1955 percentage of 1954 taxes 99.89% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 438428 438906 percentage of taxable income= 62.63% for tax year 1955 percentage of 1954 taxes 99.89% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 522454 523100 percentage of taxable income= 65.31% for tax year 1955 percentage of 1954 taxes 99.88% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 609818 610528 percentage of taxable income= 67.76% for tax year 1955 percentage of 1954 taxes 99.88% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 698818 699528 percentage of taxable income= 69.88% for tax year 1955 percentage of 1954 taxes 99.90%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1956 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 8.688691789 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 17377 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 17377 but not over $ 34755 $ 3475, plus 22.00% of excess over $ 17377 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 34755 but not over $ 52132 $ 7299, plus 26.00% of excess over $ 34755 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 52132 but not over $ 69510 $ 11817, plus 30.00% of excess over $ 52132 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 69510 but not over $ 86887 $ 17030, plus 34.00% of excess over $ 69510 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 86887 but not over $ 104264 $ 22938, plus 38.00% of excess over $ 86887 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 104264 but not over $ 121642 $ 29542, plus 43.00% of excess over $ 104264 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 121642 but not over $ 139019 $ 37014, plus 47.00% of excess over $ 121642 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 139019 but not over $ 156396 $ 45181, plus 50.00% of excess over $ 139019 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 156396 but not over $ 173774 $ 53870, plus 53.00% of excess over $ 156396 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 173774 but not over $ 191151 $ 63080, plus 56.00% of excess over $ 173774 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 191151 but not over $ 225906 $ 72811, plus 59.00% of excess over $ 191151 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 225906 but not over $ 278038 $ 93317, plus 62.00% of excess over $ 225906 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 278038 but not over $ 330170 $ 125638, plus 65.00% of excess over $ 278038 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 330170 but not over $ 382302 $ 159524, plus 69.00% of excess over $ 330170 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 382302 but not over $ 434435 $ 195496, plus 72.00% of excess over $ 382302 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 434435 but not over $ 521322 $ 233031, plus 75.00% of excess over $ 434435 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 521322 but not over $ 608208 $ 298196, plus 78.00% of excess over $ 521322 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 608208 but not over $ 695095 $ 365968, plus 81.00% of excess over $ 608208 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 695095 but not over $ 781982 $ 436346, plus 84.00% of excess over $ 695095 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 781982 but not over $ 868869 $ 509331, plus 87.00% of excess over $ 781982 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 868869 but not over $1303304 $ 584923, plus 89.00% of excess over $ 868869 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1303304 but not over $1737738 $ 971570, plus 90.00% of excess over $1303304 76.75% effective overall tax rate(computed on tax on middle of income range) Over $1737738 ........................ $1362561, plus 91.00% of excess over $1737738 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1956 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1956 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4052 4049 percentage of taxable income= 20.26% for tax year 1956 percentage of 1954 taxes 100.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6252 6249 percentage of taxable income= 20.84% for tax year 1956 percentage of 1954 taxes 100.06% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8662 8643 percentage of taxable income= 21.66% for tax year 1956 percentage of 1954 taxes 100.22% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11262 11243 percentage of taxable income= 22.52% for tax year 1956 percentage of 1954 taxes 100.17% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 14177 14134 percentage of taxable income= 23.63% for tax year 1956 percentage of 1954 taxes 100.30% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17197 17134 percentage of taxable income= 24.57% for tax year 1956 percentage of 1954 taxes 100.36% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 20597 20523 percentage of taxable income= 25.75% for tax year 1956 percentage of 1954 taxes 100.36% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 24121 24009 percentage of taxable income= 26.80% for tax year 1956 percentage of 1954 taxes 100.47% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 27921 27809 percentage of taxable income= 27.92% for tax year 1956 percentage of 1954 taxes 100.40% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 50672 50400 percentage of taxable income= 33.78% for tax year 1956 percentage of 1954 taxes 100.54% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 78032 77586 percentage of taxable income= 39.02% for tax year 1956 percentage of 1954 taxes 100.57% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 108255 107734 percentage of taxable income= 43.30% for tax year 1956 percentage of 1954 taxes 100.48% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 139914 139299 percentage of taxable income= 46.64% for tax year 1956 percentage of 1954 taxes 100.44% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 173207 172445 percentage of taxable income= 49.49% for tax year 1956 percentage of 1954 taxes 100.44% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 208238 207348 percentage of taxable income= 52.06% for tax year 1956 percentage of 1954 taxes 100.43% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 244705 243670 percentage of taxable income= 54.38% for tax year 1956 percentage of 1954 taxes 100.42% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 282205 281170 percentage of taxable income= 56.44% for tax year 1956 percentage of 1954 taxes 100.37% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 359565 358356 percentage of taxable income= 59.93% for tax year 1956 percentage of 1954 taxes 100.34% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 440466 438906 percentage of taxable income= 62.92% for tax year 1956 percentage of 1954 taxes 100.36% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 525007 523100 percentage of taxable income= 65.63% for tax year 1956 percentage of 1954 taxes 100.36% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 612629 610528 percentage of taxable income= 68.07% for tax year 1956 percentage of 1954 taxes 100.34% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 701629 699528 percentage of taxable income= 70.16% for tax year 1956 percentage of 1954 taxes 100.30%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1957 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 8.410406287 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 16821 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 16821 but not over $ 33642 $ 3364, plus 22.00% of excess over $ 16821 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 33642 but not over $ 50462 $ 7065, plus 26.00% of excess over $ 33642 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 50462 but not over $ 67283 $ 11438, plus 30.00% of excess over $ 50462 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 67283 but not over $ 84104 $ 16484, plus 34.00% of excess over $ 67283 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 84104 but not over $ 100925 $ 22203, plus 38.00% of excess over $ 84104 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 100925 but not over $ 117746 $ 28595, plus 43.00% of excess over $ 100925 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 117746 but not over $ 134567 $ 35828, plus 47.00% of excess over $ 117746 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 134567 but not over $ 151387 $ 43734, plus 50.00% of excess over $ 134567 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 151387 but not over $ 168208 $ 52145, plus 53.00% of excess over $ 151387 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 168208 but not over $ 185029 $ 61060, plus 56.00% of excess over $ 168208 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 185029 but not over $ 218671 $ 70479, plus 59.00% of excess over $ 185029 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 218671 but not over $ 269133 $ 90328, plus 62.00% of excess over $ 218671 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 269133 but not over $ 319595 $ 121614, plus 65.00% of excess over $ 269133 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 319595 but not over $ 370058 $ 154415, plus 69.00% of excess over $ 319595 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 370058 but not over $ 420520 $ 189234, plus 72.00% of excess over $ 370058 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 420520 but not over $ 504624 $ 225567, plus 75.00% of excess over $ 420520 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 504624 but not over $ 588728 $ 288645, plus 78.00% of excess over $ 504624 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 588728 but not over $ 672833 $ 354246, plus 81.00% of excess over $ 588728 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 672833 but not over $ 756937 $ 422371, plus 84.00% of excess over $ 672833 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 756937 but not over $ 841041 $ 493018, plus 87.00% of excess over $ 756937 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 841041 but not over $1261561 $ 566189, plus 89.00% of excess over $ 841041 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1261561 but not over $1682081 $ 940452, plus 90.00% of excess over $1261561 76.75% effective overall tax rate(computed on tax on middle of income range) Over $1682081 ........................ $1318920, plus 91.00% of excess over $1682081 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1957 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1957 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4064 4049 percentage of taxable income= 20.32% for tax year 1957 percentage of 1954 taxes 100.37% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6264 6249 percentage of taxable income= 20.88% for tax year 1957 percentage of 1954 taxes 100.24% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8718 8643 percentage of taxable income= 21.79% for tax year 1957 percentage of 1954 taxes 100.87% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11318 11243 percentage of taxable income= 22.64% for tax year 1957 percentage of 1954 taxes 100.67% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 14299 14134 percentage of taxable income= 23.83% for tax year 1957 percentage of 1954 taxes 101.17% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17408 17134 percentage of taxable income= 24.87% for tax year 1957 percentage of 1954 taxes 101.60% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 20808 20523 percentage of taxable income= 26.01% for tax year 1957 percentage of 1954 taxes 101.39% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 24444 24009 percentage of taxable income= 27.16% for tax year 1957 percentage of 1954 taxes 101.81% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 28244 27809 percentage of taxable income= 28.24% for tax year 1957 percentage of 1954 taxes 101.57% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 51451 50400 percentage of taxable income= 34.30% for tax year 1957 percentage of 1954 taxes 102.08% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 79312 77586 percentage of taxable income= 39.66% for tax year 1957 percentage of 1954 taxes 102.22% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 109752 107734 percentage of taxable income= 43.90% for tax year 1957 percentage of 1954 taxes 101.87% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 141678 139299 percentage of taxable income= 47.23% for tax year 1957 percentage of 1954 taxes 101.71% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 175394 172445 percentage of taxable income= 50.11% for tax year 1957 percentage of 1954 taxes 101.71% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 210792 207348 percentage of taxable income= 52.70% for tax year 1957 percentage of 1954 taxes 101.66% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 247677 243670 percentage of taxable income= 55.04% for tax year 1957 percentage of 1954 taxes 101.64% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 285177 281170 percentage of taxable income= 57.04% for tax year 1957 percentage of 1954 taxes 101.43% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 363376 358356 percentage of taxable income= 60.56% for tax year 1957 percentage of 1954 taxes 101.40% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 445191 438906 percentage of taxable income= 63.60% for tax year 1957 percentage of 1954 taxes 101.43% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 530483 523100 percentage of taxable income= 66.31% for tax year 1957 percentage of 1954 taxes 101.41% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 618662 610528 percentage of taxable income= 68.74% for tax year 1957 percentage of 1954 taxes 101.33% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 707662 699528 percentage of taxable income= 70.77% for tax year 1957 percentage of 1954 taxes 101.16%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1958 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 8.177592272 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 16355 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 16355 but not over $ 32710 $ 3271, plus 22.00% of excess over $ 16355 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 32710 but not over $ 49066 $ 6869, plus 26.00% of excess over $ 32710 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 49066 but not over $ 65421 $ 11122, plus 30.00% of excess over $ 49066 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 65421 but not over $ 81776 $ 16028, plus 34.00% of excess over $ 65421 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 81776 but not over $ 98131 $ 21589, plus 38.00% of excess over $ 81776 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 98131 but not over $ 114486 $ 27804, plus 43.00% of excess over $ 98131 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 114486 but not over $ 130841 $ 34837, plus 47.00% of excess over $ 114486 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 130841 but not over $ 147197 $ 42523, plus 50.00% of excess over $ 130841 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 147197 but not over $ 163552 $ 50701, plus 53.00% of excess over $ 147197 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 163552 but not over $ 179907 $ 59369, plus 56.00% of excess over $ 163552 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 179907 but not over $ 212617 $ 68528, plus 59.00% of excess over $ 179907 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 212617 but not over $ 261683 $ 87827, plus 62.00% of excess over $ 212617 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 261683 but not over $ 310749 $ 118248, plus 65.00% of excess over $ 261683 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 310749 but not over $ 359814 $ 150141, plus 69.00% of excess over $ 310749 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 359814 but not over $ 408880 $ 183996, plus 72.00% of excess over $ 359814 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 408880 but not over $ 490656 $ 219323, plus 75.00% of excess over $ 408880 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 490656 but not over $ 572431 $ 280655, plus 78.00% of excess over $ 490656 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 572431 but not over $ 654207 $ 344440, plus 81.00% of excess over $ 572431 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 654207 but not over $ 735983 $ 410679, plus 84.00% of excess over $ 654207 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 735983 but not over $ 817759 $ 479370, plus 87.00% of excess over $ 735983 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 817759 but not over $1226639 $ 550516, plus 89.00% of excess over $ 817759 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1226639 but not over $1635518 $ 914418, plus 90.00% of excess over $1226639 76.75% effective overall tax rate(computed on tax on middle of income range) Over $1635518 ........................ $1282410, plus 91.00% of excess over $1635518 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1958 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1958 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4073 4049 percentage of taxable income= 20.36% for tax year 1958 percentage of 1954 taxes 100.60% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6273 6249 percentage of taxable income= 20.91% for tax year 1958 percentage of 1954 taxes 100.39% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8764 8643 percentage of taxable income= 21.91% for tax year 1958 percentage of 1954 taxes 101.41% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11402 11243 percentage of taxable income= 22.80% for tax year 1958 percentage of 1954 taxes 101.41% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 14402 14134 percentage of taxable income= 24.00% for tax year 1958 percentage of 1954 taxes 101.89% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17585 17134 percentage of taxable income= 25.12% for tax year 1958 percentage of 1954 taxes 102.63% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 20985 20523 percentage of taxable income= 26.23% for tax year 1958 percentage of 1954 taxes 102.25% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 24714 24009 percentage of taxable income= 27.46% for tax year 1958 percentage of 1954 taxes 102.94% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 28607 27809 percentage of taxable income= 28.61% for tax year 1958 percentage of 1954 taxes 102.87% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 52187 50400 percentage of taxable income= 34.79% for tax year 1958 percentage of 1954 taxes 103.54% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 80383 77586 percentage of taxable income= 40.19% for tax year 1958 percentage of 1954 taxes 103.60% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 111005 107734 percentage of taxable income= 44.40% for tax year 1958 percentage of 1954 taxes 103.04% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 143154 139299 percentage of taxable income= 47.72% for tax year 1958 percentage of 1954 taxes 102.77% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 177224 172445 percentage of taxable income= 50.64% for tax year 1958 percentage of 1954 taxes 102.77% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 212930 207348 percentage of taxable income= 53.23% for tax year 1958 percentage of 1954 taxes 102.69% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 250163 243670 percentage of taxable income= 55.59% for tax year 1958 percentage of 1954 taxes 102.66% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 287944 281170 percentage of taxable income= 57.59% for tax year 1958 percentage of 1954 taxes 102.41% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 366771 358356 percentage of taxable income= 61.13% for tax year 1958 percentage of 1954 taxes 102.35% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 449144 438906 percentage of taxable income= 64.16% for tax year 1958 percentage of 1954 taxes 102.33% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 535065 523100 percentage of taxable income= 66.88% for tax year 1958 percentage of 1954 taxes 102.29% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 623710 610528 percentage of taxable income= 69.30% for tax year 1958 percentage of 1954 taxes 102.16% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 712710 699528 percentage of taxable income= 71.27% for tax year 1958 percentage of 1954 taxes 101.88%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1959 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 8.121388888 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 16243 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 16243 but not over $ 32486 $ 3249, plus 22.00% of excess over $ 16243 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 32486 but not over $ 48728 $ 6822, plus 26.00% of excess over $ 32486 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 48728 but not over $ 64971 $ 11045, plus 30.00% of excess over $ 48728 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 64971 but not over $ 81214 $ 15918, plus 34.00% of excess over $ 64971 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 81214 but not over $ 97457 $ 21440, plus 38.00% of excess over $ 81214 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 97457 but not over $ 113699 $ 27613, plus 43.00% of excess over $ 97457 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 113699 but not over $ 129942 $ 34597, plus 47.00% of excess over $ 113699 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 129942 but not over $ 146185 $ 42231, plus 50.00% of excess over $ 129942 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 146185 but not over $ 162428 $ 50353, plus 53.00% of excess over $ 146185 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 162428 but not over $ 178671 $ 58961, plus 56.00% of excess over $ 162428 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 178671 but not over $ 211156 $ 68057, plus 59.00% of excess over $ 178671 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 211156 but not over $ 259884 $ 87224, plus 62.00% of excess over $ 211156 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 259884 but not over $ 308613 $ 117435, plus 65.00% of excess over $ 259884 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 308613 but not over $ 357341 $ 149109, plus 69.00% of excess over $ 308613 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 357341 but not over $ 406069 $ 182731, plus 72.00% of excess over $ 357341 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 406069 but not over $ 487283 $ 217816, plus 75.00% of excess over $ 406069 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 487283 but not over $ 568497 $ 278726, plus 78.00% of excess over $ 487283 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 568497 but not over $ 649711 $ 342073, plus 81.00% of excess over $ 568497 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 649711 but not over $ 730925 $ 407856, plus 84.00% of excess over $ 649711 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 730925 but not over $ 812139 $ 476076, plus 87.00% of excess over $ 730925 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 812139 but not over $1218208 $ 546732, plus 89.00% of excess over $ 812139 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1218208 but not over $1624278 $ 908134, plus 90.00% of excess over $1218208 76.75% effective overall tax rate(computed on tax on middle of income range) Over $1624278 ........................ $1273596, plus 91.00% of excess over $1624278 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1959 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1959 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4075 4049 percentage of taxable income= 20.38% for tax year 1959 percentage of 1954 taxes 100.66% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6275 6249 percentage of taxable income= 20.92% for tax year 1959 percentage of 1954 taxes 100.43% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8776 8643 percentage of taxable income= 21.94% for tax year 1959 percentage of 1954 taxes 101.54% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11427 11243 percentage of taxable income= 22.85% for tax year 1959 percentage of 1954 taxes 101.63% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 14427 14134 percentage of taxable income= 24.04% for tax year 1959 percentage of 1954 taxes 102.07% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17628 17134 percentage of taxable income= 25.18% for tax year 1959 percentage of 1954 taxes 102.88% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 21028 20523 percentage of taxable income= 26.28% for tax year 1959 percentage of 1954 taxes 102.46% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 24779 24009 percentage of taxable income= 27.53% for tax year 1959 percentage of 1954 taxes 103.21% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 28706 27809 percentage of taxable income= 28.71% for tax year 1959 percentage of 1954 taxes 103.23% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 52375 50400 percentage of taxable income= 34.92% for tax year 1959 percentage of 1954 taxes 103.92% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 80642 77586 percentage of taxable income= 40.32% for tax year 1959 percentage of 1954 taxes 103.94% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 111307 107734 percentage of taxable income= 44.52% for tax year 1959 percentage of 1954 taxes 103.32% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 143510 139299 percentage of taxable income= 47.84% for tax year 1959 percentage of 1954 taxes 103.02% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 177666 172445 percentage of taxable income= 50.76% for tax year 1959 percentage of 1954 taxes 103.03% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 213446 207348 percentage of taxable income= 53.36% for tax year 1959 percentage of 1954 taxes 102.94% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 250764 243670 percentage of taxable income= 55.73% for tax year 1959 percentage of 1954 taxes 102.91% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 288645 281170 percentage of taxable income= 57.73% for tax year 1959 percentage of 1954 taxes 102.66% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 367590 358356 percentage of taxable income= 61.27% for tax year 1959 percentage of 1954 taxes 102.58% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 450099 438906 percentage of taxable income= 64.30% for tax year 1959 percentage of 1954 taxes 102.55% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 536171 523100 percentage of taxable income= 67.02% for tax year 1959 percentage of 1954 taxes 102.50% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 624928 610528 percentage of taxable income= 69.44% for tax year 1959 percentage of 1954 taxes 102.36% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 713928 699528 percentage of taxable income= 71.39% for tax year 1959 percentage of 1954 taxes 102.06%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1960 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 7.984203266 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 15968 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 15968 but not over $ 31937 $ 3194, plus 22.00% of excess over $ 15968 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 31937 but not over $ 47905 $ 6707, plus 26.00% of excess over $ 31937 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 47905 but not over $ 63874 $ 10859, plus 30.00% of excess over $ 47905 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 63874 but not over $ 79842 $ 15649, plus 34.00% of excess over $ 63874 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 79842 but not over $ 95810 $ 21078, plus 38.00% of excess over $ 79842 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 95810 but not over $ 111779 $ 27146, plus 43.00% of excess over $ 95810 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 111779 but not over $ 127747 $ 34013, plus 47.00% of excess over $ 111779 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 127747 but not over $ 143716 $ 41518, plus 50.00% of excess over $ 127747 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 143716 but not over $ 159684 $ 49502, plus 53.00% of excess over $ 143716 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 159684 but not over $ 175652 $ 57965, plus 56.00% of excess over $ 159684 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 175652 but not over $ 207589 $ 66908, plus 59.00% of excess over $ 175652 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 207589 but not over $ 255495 $ 85750, plus 62.00% of excess over $ 207589 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 255495 but not over $ 303400 $ 115452, plus 65.00% of excess over $ 255495 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 303400 but not over $ 351305 $ 146590, plus 69.00% of excess over $ 303400 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 351305 but not over $ 399210 $ 179645, plus 72.00% of excess over $ 351305 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 399210 but not over $ 479052 $ 214136, plus 75.00% of excess over $ 399210 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 479052 but not over $ 558894 $ 274018, plus 78.00% of excess over $ 479052 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 558894 but not over $ 638736 $ 336295, plus 81.00% of excess over $ 558894 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 638736 but not over $ 718578 $ 400967, plus 84.00% of excess over $ 638736 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 718578 but not over $ 798420 $ 468034, plus 87.00% of excess over $ 718578 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 798420 but not over $1197630 $ 537497, plus 89.00% of excess over $ 798420 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1197630 but not over $1596841 $ 892794, plus 90.00% of excess over $1197630 76.75% effective overall tax rate(computed on tax on middle of income range) Over $1596841 ........................ $1252083, plus 91.00% of excess over $1596841 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1960 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1960 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4081 4049 percentage of taxable income= 20.40% for tax year 1960 percentage of 1954 taxes 100.79% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6281 6249 percentage of taxable income= 20.94% for tax year 1960 percentage of 1954 taxes 100.51% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8803 8643 percentage of taxable income= 22.01% for tax year 1960 percentage of 1954 taxes 101.85% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11487 11243 percentage of taxable income= 22.97% for tax year 1960 percentage of 1954 taxes 102.17% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 14487 14134 percentage of taxable income= 24.14% for tax year 1960 percentage of 1954 taxes 102.49% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17732 17134 percentage of taxable income= 25.33% for tax year 1960 percentage of 1954 taxes 103.49% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 21138 20523 percentage of taxable income= 26.42% for tax year 1960 percentage of 1954 taxes 103.00% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 24938 24009 percentage of taxable income= 27.71% for tax year 1960 percentage of 1954 taxes 103.87% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 28948 27809 percentage of taxable income= 28.95% for tax year 1960 percentage of 1954 taxes 104.10% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 52833 50400 percentage of taxable income= 35.22% for tax year 1960 percentage of 1954 taxes 104.83% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 81273 77586 percentage of taxable income= 40.64% for tax year 1960 percentage of 1954 taxes 104.75% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 112045 107734 percentage of taxable income= 44.82% for tax year 1960 percentage of 1954 taxes 104.00% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 144380 139299 percentage of taxable income= 48.13% for tax year 1960 percentage of 1954 taxes 103.65% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 178744 172445 percentage of taxable income= 51.07% for tax year 1960 percentage of 1954 taxes 103.65% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 214729 207348 percentage of taxable income= 53.68% for tax year 1960 percentage of 1954 taxes 103.56% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 252229 243670 percentage of taxable income= 56.05% for tax year 1960 percentage of 1954 taxes 103.51% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 290357 281170 percentage of taxable income= 58.07% for tax year 1960 percentage of 1954 taxes 103.27% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 369590 358356 percentage of taxable income= 61.60% for tax year 1960 percentage of 1954 taxes 103.14% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 452428 438906 percentage of taxable income= 64.63% for tax year 1960 percentage of 1954 taxes 103.08% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 538902 523100 percentage of taxable income= 67.36% for tax year 1960 percentage of 1954 taxes 103.02% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 627902 610528 percentage of taxable income= 69.77% for tax year 1960 percentage of 1954 taxes 102.85% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 716902 699528 percentage of taxable income= 71.69% for tax year 1960 percentage of 1954 taxes 102.48%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1961 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 7.904094203 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 15808 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 15808 but not over $ 31616 $ 3162, plus 22.00% of excess over $ 15808 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 31616 but not over $ 47425 $ 6639, plus 26.00% of excess over $ 31616 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 47425 but not over $ 63233 $ 10750, plus 30.00% of excess over $ 47425 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 63233 but not over $ 79041 $ 15492, plus 34.00% of excess over $ 63233 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 79041 but not over $ 94849 $ 20867, plus 38.00% of excess over $ 79041 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 94849 but not over $ 110657 $ 26874, plus 43.00% of excess over $ 94849 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 110657 but not over $ 126466 $ 33671, plus 47.00% of excess over $ 110657 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 126466 but not over $ 142274 $ 41101, plus 50.00% of excess over $ 126466 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 142274 but not over $ 158082 $ 49005, plus 53.00% of excess over $ 142274 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 158082 but not over $ 173890 $ 57384, plus 56.00% of excess over $ 158082 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 173890 but not over $ 205506 $ 66236, plus 59.00% of excess over $ 173890 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 205506 but not over $ 252931 $ 84890, plus 62.00% of excess over $ 205506 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 252931 but not over $ 300356 $ 114293, plus 65.00% of excess over $ 252931 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 300356 but not over $ 347780 $ 145119, plus 69.00% of excess over $ 300356 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 347780 but not over $ 395205 $ 177842, plus 72.00% of excess over $ 347780 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 395205 but not over $ 474246 $ 211988, plus 75.00% of excess over $ 395205 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 474246 but not over $ 553287 $ 271269, plus 78.00% of excess over $ 474246 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 553287 but not over $ 632328 $ 332920, plus 81.00% of excess over $ 553287 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 632328 but not over $ 711368 $ 396944, plus 84.00% of excess over $ 632328 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 711368 but not over $ 790409 $ 463338, plus 87.00% of excess over $ 711368 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 790409 but not over $1185614 $ 532104, plus 89.00% of excess over $ 790409 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1185614 but not over $1580819 $ 883836, plus 90.00% of excess over $1185614 76.75% effective overall tax rate(computed on tax on middle of income range) Over $1580819 ........................ $1239520, plus 91.00% of excess over $1580819 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1961 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1961 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4084 4049 percentage of taxable income= 20.42% for tax year 1961 percentage of 1954 taxes 100.87% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6284 6249 percentage of taxable income= 20.95% for tax year 1961 percentage of 1954 taxes 100.56% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8819 8643 percentage of taxable income= 22.05% for tax year 1961 percentage of 1954 taxes 102.04% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11522 11243 percentage of taxable income= 23.04% for tax year 1961 percentage of 1954 taxes 102.48% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 14522 14134 percentage of taxable income= 24.20% for tax year 1961 percentage of 1954 taxes 102.74% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17793 17134 percentage of taxable income= 25.42% for tax year 1961 percentage of 1954 taxes 103.84% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 21231 20523 percentage of taxable income= 26.54% for tax year 1961 percentage of 1954 taxes 103.45% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 25031 24009 percentage of taxable income= 27.81% for tax year 1961 percentage of 1954 taxes 104.26% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 29089 27809 percentage of taxable income= 29.09% for tax year 1961 percentage of 1954 taxes 104.60% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 53100 50400 percentage of taxable income= 35.40% for tax year 1961 percentage of 1954 taxes 105.36% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 81641 77586 percentage of taxable income= 40.82% for tax year 1961 percentage of 1954 taxes 105.23% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 112476 107734 percentage of taxable income= 44.99% for tax year 1961 percentage of 1954 taxes 104.40% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 144888 139299 percentage of taxable income= 48.30% for tax year 1961 percentage of 1954 taxes 104.01% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 179440 172445 percentage of taxable income= 51.27% for tax year 1961 percentage of 1954 taxes 104.06% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 215584 207348 percentage of taxable income= 53.90% for tax year 1961 percentage of 1954 taxes 103.97% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 253084 243670 percentage of taxable income= 56.24% for tax year 1961 percentage of 1954 taxes 103.86% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 291357 281170 percentage of taxable income= 58.27% for tax year 1961 percentage of 1954 taxes 103.62% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 370758 358356 percentage of taxable income= 61.79% for tax year 1961 percentage of 1954 taxes 103.46% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 453788 438906 percentage of taxable income= 64.83% for tax year 1961 percentage of 1954 taxes 103.39% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 540639 523100 percentage of taxable income= 67.58% for tax year 1961 percentage of 1954 taxes 103.35% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 629639 610528 percentage of taxable income= 69.96% for tax year 1961 percentage of 1954 taxes 103.13% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 718639 699528 percentage of taxable income= 71.86% for tax year 1961 percentage of 1954 taxes 102.73%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1962 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 7.825576711 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 15651 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 15651 but not over $ 31302 $ 3130, plus 22.00% of excess over $ 15651 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 31302 but not over $ 46953 $ 6573, plus 26.00% of excess over $ 31302 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 46953 but not over $ 62605 $ 10643, plus 30.00% of excess over $ 46953 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 62605 but not over $ 78256 $ 15338, plus 34.00% of excess over $ 62605 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 78256 but not over $ 93907 $ 20660, plus 38.00% of excess over $ 78256 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 93907 but not over $ 109558 $ 26607, plus 43.00% of excess over $ 93907 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 109558 but not over $ 125209 $ 33337, plus 47.00% of excess over $ 109558 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 125209 but not over $ 140860 $ 40693, plus 50.00% of excess over $ 125209 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 140860 but not over $ 156512 $ 48519, plus 53.00% of excess over $ 140860 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 156512 but not over $ 172163 $ 56814, plus 56.00% of excess over $ 156512 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 172163 but not over $ 203465 $ 65578, plus 59.00% of excess over $ 172163 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 203465 but not over $ 250418 $ 84047, plus 62.00% of excess over $ 203465 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 250418 but not over $ 297372 $ 113158, plus 65.00% of excess over $ 250418 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 297372 but not over $ 344325 $ 143678, plus 69.00% of excess over $ 297372 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 344325 but not over $ 391279 $ 176075, plus 72.00% of excess over $ 344325 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 391279 but not over $ 469535 $ 209882, plus 75.00% of excess over $ 391279 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 469535 but not over $ 547790 $ 268574, plus 78.00% of excess over $ 469535 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 547790 but not over $ 626046 $ 329613, plus 81.00% of excess over $ 547790 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 626046 but not over $ 704302 $ 393000, plus 84.00% of excess over $ 626046 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 704302 but not over $ 782558 $ 458735, plus 87.00% of excess over $ 704302 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 782558 but not over $1173837 $ 526818, plus 89.00% of excess over $ 782558 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1173837 but not over $1565115 $ 875056, plus 90.00% of excess over $1173837 76.75% effective overall tax rate(computed on tax on middle of income range) Over $1565115 ........................ $1227207, plus 91.00% of excess over $1565115 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1962 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1962 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4087 4049 percentage of taxable income= 20.43% for tax year 1962 percentage of 1954 taxes 100.95% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6287 6249 percentage of taxable income= 20.96% for tax year 1962 percentage of 1954 taxes 100.61% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8835 8643 percentage of taxable income= 22.09% for tax year 1962 percentage of 1954 taxes 102.22% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11557 11243 percentage of taxable income= 23.11% for tax year 1962 percentage of 1954 taxes 102.79% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 14557 14134 percentage of taxable income= 24.26% for tax year 1962 percentage of 1954 taxes 102.99% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17853 17134 percentage of taxable income= 25.50% for tax year 1962 percentage of 1954 taxes 104.19% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 21322 20523 percentage of taxable income= 26.65% for tax year 1962 percentage of 1954 taxes 103.90% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 25122 24009 percentage of taxable income= 27.91% for tax year 1962 percentage of 1954 taxes 104.64% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 29227 27809 percentage of taxable income= 29.23% for tax year 1962 percentage of 1954 taxes 105.10% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 53363 50400 percentage of taxable income= 35.58% for tax year 1962 percentage of 1954 taxes 105.88% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 82002 77586 percentage of taxable income= 41.00% for tax year 1962 percentage of 1954 taxes 105.69% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 112898 107734 percentage of taxable income= 45.16% for tax year 1962 percentage of 1954 taxes 104.79% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 145491 139299 percentage of taxable income= 48.50% for tax year 1962 percentage of 1954 taxes 104.44% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 180161 172445 percentage of taxable income= 51.47% for tax year 1962 percentage of 1954 taxes 104.47% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 216423 207348 percentage of taxable income= 54.11% for tax year 1962 percentage of 1954 taxes 104.38% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 253923 243670 percentage of taxable income= 56.43% for tax year 1962 percentage of 1954 taxes 104.21% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 292337 281170 percentage of taxable income= 58.47% for tax year 1962 percentage of 1954 taxes 103.97% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 371903 358356 percentage of taxable income= 61.98% for tax year 1962 percentage of 1954 taxes 103.78% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 455122 438906 percentage of taxable income= 65.02% for tax year 1962 percentage of 1954 taxes 103.69% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 542341 523100 percentage of taxable income= 67.79% for tax year 1962 percentage of 1954 taxes 103.68% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 631341 610528 percentage of taxable income= 70.15% for tax year 1962 percentage of 1954 taxes 103.41% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 720341 699528 percentage of taxable income= 72.03% for tax year 1962 percentage of 1954 taxes 102.98%
Not over $ 2000 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 2000 but not over $ 4000 $ 400, plus 22.00% of excess over $ 2000 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 840, plus 26.00% of excess over $ 4000 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1360, plus 30.00% of excess over $ 6000 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1960, plus 34.00% of excess over $ 8000 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2640, plus 38.00% of excess over $ 10000 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3400, plus 43.00% of excess over $ 12000 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 4260, plus 47.00% of excess over $ 14000 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 5200, plus 50.00% of excess over $ 16000 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 6200, plus 53.00% of excess over $ 18000 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 7260, plus 56.00% of excess over $ 20000 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 8380, plus 59.00% of excess over $ 22000 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 10740, plus 62.00% of excess over $ 26000 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 14460, plus 65.00% of excess over $ 32000 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 18360, plus 69.00% of excess over $ 38000 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 22500, plus 72.00% of excess over $ 44000 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 26820, plus 75.00% of excess over $ 50000 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 34320, plus 78.00% of excess over $ 60000 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 42120, plus 81.00% of excess over $ 70000 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 50220, plus 84.00% of excess over $ 80000 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 58620, plus 87.00% of excess over $ 90000 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 150000 $ 67320, plus 89.00% of excess over $ 100000 71.66% effective overall tax rate(computed on tax on middle of income range) Over $ 150000 but not over $ 200000 $ 111820, plus 90.00% of excess over $ 150000 76.75% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 156820, plus 91.00% of excess over $ 200000 78.41% <=> 91.00% effective overall tax rate as income goes to infinity1963 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 7.723281591 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 15447 ................................... 20.00% of the taxable income 20.00% effective overall tax rate Over $ 15447 but not over $ 30893 $ 3089, plus 22.00% of excess over $ 15447 20.67% effective overall tax rate(computed on tax on middle of income range) Over $ 30893 but not over $ 46340 $ 6488, plus 26.00% of excess over $ 30893 22.00% effective overall tax rate(computed on tax on middle of income range) Over $ 46340 but not over $ 61786 $ 10504, plus 30.00% of excess over $ 46340 23.71% effective overall tax rate(computed on tax on middle of income range) Over $ 61786 but not over $ 77233 $ 15138, plus 34.00% of excess over $ 61786 25.56% effective overall tax rate(computed on tax on middle of income range) Over $ 77233 but not over $ 92679 $ 20389, plus 38.00% of excess over $ 77233 27.45% effective overall tax rate(computed on tax on middle of income range) Over $ 92679 but not over $ 108126 $ 26259, plus 43.00% of excess over $ 92679 29.46% effective overall tax rate(computed on tax on middle of income range) Over $ 108126 but not over $ 123573 $ 32901, plus 47.00% of excess over $ 108126 31.53% effective overall tax rate(computed on tax on middle of income range) Over $ 123573 but not over $ 139019 $ 40161, plus 50.00% of excess over $ 123573 33.53% effective overall tax rate(computed on tax on middle of income range) Over $ 139019 but not over $ 154466 $ 47884, plus 53.00% of excess over $ 139019 35.42% effective overall tax rate(computed on tax on middle of income range) Over $ 154466 but not over $ 169912 $ 56071, plus 56.00% of excess over $ 154466 37.24% effective overall tax rate(computed on tax on middle of income range) Over $ 169912 but not over $ 200805 $ 64721, plus 59.00% of excess over $ 169912 39.83% effective overall tax rate(computed on tax on middle of income range) Over $ 200805 but not over $ 247145 $ 82948, plus 62.00% of excess over $ 200805 43.45% effective overall tax rate(computed on tax on middle of income range) Over $ 247145 but not over $ 293485 $ 111679, plus 65.00% of excess over $ 247145 46.89% effective overall tax rate(computed on tax on middle of income range) Over $ 293485 but not over $ 339824 $ 141799, plus 69.00% of excess over $ 293485 49.83% effective overall tax rate(computed on tax on middle of income range) Over $ 339824 but not over $ 386164 $ 173774, plus 72.00% of excess over $ 339824 52.47% effective overall tax rate(computed on tax on middle of income range) Over $ 386164 but not over $ 463397 $ 207138, plus 75.00% of excess over $ 386164 55.58% effective overall tax rate(computed on tax on middle of income range) Over $ 463397 but not over $ 540630 $ 265063, plus 78.00% of excess over $ 463397 58.80% effective overall tax rate(computed on tax on middle of income range) Over $ 540630 but not over $ 617863 $ 325305, plus 81.00% of excess over $ 540630 61.56% effective overall tax rate(computed on tax on middle of income range) Over $ 617863 but not over $ 695095 $ 387863, plus 84.00% of excess over $ 617863 64.02% effective overall tax rate(computed on tax on middle of income range) Over $ 695095 but not over $ 772328 $ 452739, plus 87.00% of excess over $ 695095 66.28% effective overall tax rate(computed on tax on middle of income range) Over $ 772328 but not over $1158492 $ 519931, plus 89.00% of excess over $ 772328 71.66% effective overall tax rate(computed on tax on middle of income range) Over $1158492 but not over $1544656 $ 863617, plus 90.00% of excess over $1158492 76.75% effective overall tax rate(computed on tax on middle of income range) Over $1544656 ........................ $1211165, plus 91.00% of excess over $1544656 78.41% <=> 91.00% effective overall tax rate as income goes to infinity
1963 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 2000 2000 percentage of taxable income= 20.00% for tax year 1963 percentage of 1954 taxes 100.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 4091 4049 percentage of taxable income= 20.46% for tax year 1963 percentage of 1954 taxes 101.05% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 6291 6249 percentage of taxable income= 20.97% for tax year 1963 percentage of 1954 taxes 100.68% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8855 8643 percentage of taxable income= 22.14% for tax year 1963 percentage of 1954 taxes 102.46% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 11602 11243 percentage of taxable income= 23.20% for tax year 1963 percentage of 1954 taxes 103.19% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 14602 14134 percentage of taxable income= 24.34% for tax year 1963 percentage of 1954 taxes 103.31% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17930 17134 percentage of taxable income= 25.61% for tax year 1963 percentage of 1954 taxes 104.65% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 21441 20523 percentage of taxable income= 26.80% for tax year 1963 percentage of 1954 taxes 104.47% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 25241 24009 percentage of taxable income= 28.05% for tax year 1963 percentage of 1954 taxes 105.13% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 29407 27809 percentage of taxable income= 29.41% for tax year 1963 percentage of 1954 taxes 105.75% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 53704 50400 percentage of taxable income= 35.80% for tax year 1963 percentage of 1954 taxes 106.56% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 82473 77586 percentage of taxable income= 41.24% for tax year 1963 percentage of 1954 taxes 106.30% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 113534 107734 percentage of taxable income= 45.41% for tax year 1963 percentage of 1954 taxes 105.38% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 146295 139299 percentage of taxable income= 48.77% for tax year 1963 percentage of 1954 taxes 105.02% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 181100 172445 percentage of taxable income= 51.74% for tax year 1963 percentage of 1954 taxes 105.02% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 217515 207348 percentage of taxable income= 54.38% for tax year 1963 percentage of 1954 taxes 104.90% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 255015 243670 percentage of taxable income= 56.67% for tax year 1963 percentage of 1954 taxes 104.66% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 293613 281170 percentage of taxable income= 58.72% for tax year 1963 percentage of 1954 taxes 104.43% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 373395 358356 percentage of taxable income= 62.23% for tax year 1963 percentage of 1954 taxes 104.20% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 457006 438906 percentage of taxable income= 65.29% for tax year 1963 percentage of 1954 taxes 104.12% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 544559 523100 percentage of taxable income= 68.07% for tax year 1963 percentage of 1954 taxes 104.10% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 633559 610528 percentage of taxable income= 70.40% for tax year 1963 percentage of 1954 taxes 103.77% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 722559 699528 percentage of taxable income= 72.26% for tax year 1963 percentage of 1954 taxes 103.29%
Not over $ 500 ................................... 16.00% of the taxable income 16.00% effective overall tax rate Over $ 500 but not over $ 1000 $ 80, plus 16.50% of excess over $ 500 16.17% effective overall tax rate(computed on tax on middle of income range) Over $ 1000 but not over $ 1500 $ 163, plus 17.50% of excess over $ 1000 16.50% effective overall tax rate(computed on tax on middle of income range) Over $ 1500 but not over $ 2000 $ 250, plus 18.00% of excess over $ 1500 16.86% effective overall tax rate(computed on tax on middle of income range) Over $ 2000 but not over $ 4000 $ 340, plus 20.00% of excess over $ 2000 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 740, plus 23.50% of excess over $ 4000 19.50% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1210, plus 27.00% of excess over $ 6000 21.14% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1750, plus 30.50% of excess over $ 8000 22.83% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2360, plus 34.00% of excess over $ 10000 24.55% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 3040, plus 37.50% of excess over $ 12000 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 3790, plus 41.00% of excess over $ 14000 28.00% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 4610, plus 44.50% of excess over $ 16000 29.74% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 5500, plus 47.50% of excess over $ 18000 31.45% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 6450, plus 50.50% of excess over $ 20000 33.12% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 7460, plus 53.50% of excess over $ 22000 35.54% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 9600, plus 56.00% of excess over $ 26000 38.90% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 12960, plus 58.50% of excess over $ 32000 42.04% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 16470, plus 61.00% of excess over $ 38000 44.63% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 20130, plus 63.50% of excess over $ 44000 46.88% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 23940, plus 66.00% of excess over $ 50000 49.53% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 30540, plus 68.50% of excess over $ 60000 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 37390, plus 71.00% of excess over $ 70000 54.59% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 44490, plus 73.50% of excess over $ 80000 56.66% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 51840, plus 75.00% of excess over $ 90000 58.52% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 but not over $ 200000 $ 59340, plus 76.50% of excess over $ 100000 65.06% effective overall tax rate(computed on tax on middle of income range) Over $ 200000 ........................ $ 135840, plus 77.00% of excess over $ 200000 67.92% <=> 77.00% effective overall tax rate as income goes to infinity1964 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 7.623626344 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 3812 ................................... 16.00% of the taxable income 16.00% effective overall tax rate Over $ 3812 but not over $ 7624 $ 610, plus 16.50% of excess over $ 3812 16.17% effective overall tax rate(computed on tax on middle of income range) Over $ 7624 but not over $ 11435 $ 1239, plus 17.50% of excess over $ 7624 16.50% effective overall tax rate(computed on tax on middle of income range) Over $ 11435 but not over $ 15247 $ 1906, plus 18.00% of excess over $ 11435 16.86% effective overall tax rate(computed on tax on middle of income range) Over $ 15247 but not over $ 30495 $ 2592, plus 20.00% of excess over $ 15247 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 30495 but not over $ 45742 $ 5641, plus 23.50% of excess over $ 30495 19.50% effective overall tax rate(computed on tax on middle of income range) Over $ 45742 but not over $ 60989 $ 9225, plus 27.00% of excess over $ 45742 21.14% effective overall tax rate(computed on tax on middle of income range) Over $ 60989 but not over $ 76236 $ 13341, plus 30.50% of excess over $ 60989 22.83% effective overall tax rate(computed on tax on middle of income range) Over $ 76236 but not over $ 91484 $ 17992, plus 34.00% of excess over $ 76236 24.55% effective overall tax rate(computed on tax on middle of income range) Over $ 91484 but not over $ 106731 $ 23176, plus 37.50% of excess over $ 91484 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 106731 but not over $ 121978 $ 28894, plus 41.00% of excess over $ 106731 28.00% effective overall tax rate(computed on tax on middle of income range) Over $ 121978 but not over $ 137225 $ 35145, plus 44.50% of excess over $ 121978 29.74% effective overall tax rate(computed on tax on middle of income range) Over $ 137225 but not over $ 152473 $ 41930, plus 47.50% of excess over $ 137225 31.45% effective overall tax rate(computed on tax on middle of income range) Over $ 152473 but not over $ 167720 $ 49172, plus 50.50% of excess over $ 152473 33.12% effective overall tax rate(computed on tax on middle of income range) Over $ 167720 but not over $ 198214 $ 56872, plus 53.50% of excess over $ 167720 35.54% effective overall tax rate(computed on tax on middle of income range) Over $ 198214 but not over $ 243956 $ 73187, plus 56.00% of excess over $ 198214 38.90% effective overall tax rate(computed on tax on middle of income range) Over $ 243956 but not over $ 289698 $ 98802, plus 58.50% of excess over $ 243956 42.04% effective overall tax rate(computed on tax on middle of income range) Over $ 289698 but not over $ 335440 $ 125561, plus 61.00% of excess over $ 289698 44.63% effective overall tax rate(computed on tax on middle of income range) Over $ 335440 but not over $ 381181 $ 153464, plus 63.50% of excess over $ 335440 46.88% effective overall tax rate(computed on tax on middle of income range) Over $ 381181 but not over $ 457418 $ 182510, plus 66.00% of excess over $ 381181 49.53% effective overall tax rate(computed on tax on middle of income range) Over $ 457418 but not over $ 533654 $ 232826, plus 68.50% of excess over $ 457418 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 533654 but not over $ 609890 $ 285047, plus 71.00% of excess over $ 533654 54.59% effective overall tax rate(computed on tax on middle of income range) Over $ 609890 but not over $ 686126 $ 339175, plus 73.50% of excess over $ 609890 56.66% effective overall tax rate(computed on tax on middle of income range) Over $ 686126 but not over $ 762363 $ 395209, plus 75.00% of excess over $ 686126 58.52% effective overall tax rate(computed on tax on middle of income range) Over $ 762363 but not over $1524725 $ 452386, plus 76.50% of excess over $ 762363 65.06% effective overall tax rate(computed on tax on middle of income range) Over $1524725 ........................ $1035593, plus 77.00% of excess over $1524725 67.92% <=> 77.00% effective overall tax rate as income goes to infinity
1964 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1655 2000 percentage of taxable income= 16.55% for tax year 1964 percentage of 1954 taxes 82.74% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3543 4049 percentage of taxable income= 17.71% for tax year 1964 percentage of 1954 taxes 87.50% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5543 6249 percentage of taxable income= 18.48% for tax year 1964 percentage of 1954 taxes 88.70% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 7875 8643 percentage of taxable income= 19.69% for tax year 1964 percentage of 1954 taxes 91.12% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10374 11243 percentage of taxable income= 20.75% for tax year 1964 percentage of 1954 taxes 92.27% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 13074 14134 percentage of taxable income= 21.79% for tax year 1964 percentage of 1954 taxes 92.50% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 16090 17134 percentage of taxable income= 22.99% for tax year 1964 percentage of 1954 taxes 93.90% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 19271 20523 percentage of taxable income= 24.09% for tax year 1964 percentage of 1954 taxes 93.90% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 22671 24009 percentage of taxable income= 25.19% for tax year 1964 percentage of 1954 taxes 94.43% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 26370 27809 percentage of taxable income= 26.37% for tax year 1964 percentage of 1954 taxes 94.82% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 47998 50400 percentage of taxable income= 32.00% for tax year 1964 percentage of 1954 taxes 95.23% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 74187 77586 percentage of taxable income= 37.09% for tax year 1964 percentage of 1954 taxes 95.62% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 102338 107734 percentage of taxable income= 40.94% for tax year 1964 percentage of 1954 taxes 94.99% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 131845 139299 percentage of taxable income= 43.95% for tax year 1964 percentage of 1954 taxes 94.65% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 162709 172445 percentage of taxable income= 46.49% for tax year 1964 percentage of 1954 taxes 94.35% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 194930 207348 percentage of taxable income= 48.73% for tax year 1964 percentage of 1954 taxes 94.01% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 227930 243670 percentage of taxable income= 50.65% for tax year 1964 percentage of 1954 taxes 93.54% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 261995 281170 percentage of taxable income= 52.40% for tax year 1964 percentage of 1954 taxes 93.18% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 332153 358356 percentage of taxable income= 55.36% for tax year 1964 percentage of 1954 taxes 92.69% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 405614 438906 percentage of taxable income= 57.94% for tax year 1964 percentage of 1954 taxes 92.41% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 481179 523100 percentage of taxable income= 60.15% for tax year 1964 percentage of 1954 taxes 91.99% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 557679 610528 percentage of taxable income= 61.96% for tax year 1964 percentage of 1954 taxes 91.34% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 634179 699528 percentage of taxable income= 63.42% for tax year 1964 percentage of 1954 taxes 90.66%
Not over $ 500 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 500 but not over $ 1000 $ 70, plus 15.00% of excess over $ 500 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 1000 but not over $ 1500 $ 145, plus 16.00% of excess over $ 1000 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 1500 but not over $ 2000 $ 225, plus 17.00% of excess over $ 1500 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 2000 but not over $ 4000 $ 310, plus 19.00% of excess over $ 2000 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 690, plus 22.00% of excess over $ 4000 18.20% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1130, plus 25.00% of excess over $ 6000 19.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1630, plus 28.00% of excess over $ 8000 21.22% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2190, plus 32.00% of excess over $ 10000 22.82% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 2830, plus 36.00% of excess over $ 12000 24.54% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 3550, plus 39.00% of excess over $ 14000 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 4330, plus 42.00% of excess over $ 16000 27.94% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 5170, plus 45.00% of excess over $ 18000 29.58% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 6070, plus 48.00% of excess over $ 20000 31.19% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 7030, plus 50.00% of excess over $ 22000 33.46% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 9030, plus 53.00% of excess over $ 26000 36.62% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 12210, plus 55.00% of excess over $ 32000 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 15510, plus 58.00% of excess over $ 38000 42.07% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 18990, plus 60.00% of excess over $ 44000 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 22590, plus 62.00% of excess over $ 50000 46.71% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 28790, plus 64.00% of excess over $ 60000 49.22% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 35190, plus 66.00% of excess over $ 70000 51.32% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 41790, plus 68.00% of excess over $ 80000 53.16% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 48590, plus 69.00% of excess over $ 90000 54.78% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 55490, plus 70.00% of excess over $ 100000 55.49% <=> 70.00% effective overall tax rate as income goes to infinity1965 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 7.502616402 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 3751 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 3751 but not over $ 7503 $ 525, plus 15.00% of excess over $ 3751 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 7503 but not over $ 11254 $ 1088, plus 16.00% of excess over $ 7503 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 11254 but not over $ 15005 $ 1688, plus 17.00% of excess over $ 11254 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 15005 but not over $ 30010 $ 2326, plus 19.00% of excess over $ 15005 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 30010 but not over $ 45016 $ 5177, plus 22.00% of excess over $ 30010 18.20% effective overall tax rate(computed on tax on middle of income range) Over $ 45016 but not over $ 60021 $ 8478, plus 25.00% of excess over $ 45016 19.71% effective overall tax rate(computed on tax on middle of income range) Over $ 60021 but not over $ 75026 $ 12229, plus 28.00% of excess over $ 60021 21.22% effective overall tax rate(computed on tax on middle of income range) Over $ 75026 but not over $ 90031 $ 16431, plus 32.00% of excess over $ 75026 22.82% effective overall tax rate(computed on tax on middle of income range) Over $ 90031 but not over $ 105037 $ 21232, plus 36.00% of excess over $ 90031 24.54% effective overall tax rate(computed on tax on middle of income range) Over $ 105037 but not over $ 120042 $ 26634, plus 39.00% of excess over $ 105037 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 120042 but not over $ 135047 $ 32486, plus 42.00% of excess over $ 120042 27.94% effective overall tax rate(computed on tax on middle of income range) Over $ 135047 but not over $ 150052 $ 38789, plus 45.00% of excess over $ 135047 29.58% effective overall tax rate(computed on tax on middle of income range) Over $ 150052 but not over $ 165058 $ 45541, plus 48.00% of excess over $ 150052 31.19% effective overall tax rate(computed on tax on middle of income range) Over $ 165058 but not over $ 195068 $ 52743, plus 50.00% of excess over $ 165058 33.46% effective overall tax rate(computed on tax on middle of income range) Over $ 195068 but not over $ 240084 $ 67749, plus 53.00% of excess over $ 195068 36.62% effective overall tax rate(computed on tax on middle of income range) Over $ 240084 but not over $ 285099 $ 91607, plus 55.00% of excess over $ 240084 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 285099 but not over $ 330115 $ 116366, plus 58.00% of excess over $ 285099 42.07% effective overall tax rate(computed on tax on middle of income range) Over $ 330115 but not over $ 375131 $ 142475, plus 60.00% of excess over $ 330115 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 375131 but not over $ 450157 $ 169484, plus 62.00% of excess over $ 375131 46.71% effective overall tax rate(computed on tax on middle of income range) Over $ 450157 but not over $ 525183 $ 216000, plus 64.00% of excess over $ 450157 49.22% effective overall tax rate(computed on tax on middle of income range) Over $ 525183 but not over $ 600209 $ 264017, plus 66.00% of excess over $ 525183 51.32% effective overall tax rate(computed on tax on middle of income range) Over $ 600209 but not over $ 675235 $ 313534, plus 68.00% of excess over $ 600209 53.16% effective overall tax rate(computed on tax on middle of income range) Over $ 675235 but not over $ 750262 $ 364552, plus 69.00% of excess over $ 675235 54.78% effective overall tax rate(computed on tax on middle of income range) Over $ 750262 ........................ $ 416320, plus 70.00% of excess over $ 750262 55.49% <=> 70.00% effective overall tax rate as income goes to infinity
1965 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1487 2000 percentage of taxable income= 14.87% for tax year 1965 percentage of 1954 taxes 74.37% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3275 4049 percentage of taxable income= 16.37% for tax year 1965 percentage of 1954 taxes 80.89% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5175 6249 percentage of taxable income= 17.25% for tax year 1965 percentage of 1954 taxes 82.82% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 7375 8643 percentage of taxable income= 18.44% for tax year 1965 percentage of 1954 taxes 85.32% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9724 11243 percentage of taxable income= 19.45% for tax year 1965 percentage of 1954 taxes 86.49% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12224 14134 percentage of taxable income= 20.37% for tax year 1965 percentage of 1954 taxes 86.48% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15023 17134 percentage of taxable income= 21.46% for tax year 1965 percentage of 1954 taxes 87.68% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 18022 20523 percentage of taxable income= 22.53% for tax year 1965 percentage of 1954 taxes 87.82% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 21222 24009 percentage of taxable income= 23.58% for tax year 1965 percentage of 1954 taxes 88.39% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 24821 27809 percentage of taxable income= 24.82% for tax year 1965 percentage of 1954 taxes 89.26% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 45517 50400 percentage of taxable income= 30.34% for tax year 1965 percentage of 1954 taxes 90.31% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 70363 77586 percentage of taxable income= 35.18% for tax year 1965 percentage of 1954 taxes 90.69% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 97061 107734 percentage of taxable income= 38.82% for tax year 1965 percentage of 1954 taxes 90.09% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 125008 139299 percentage of taxable income= 41.67% for tax year 1965 percentage of 1954 taxes 89.74% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 154406 172445 percentage of taxable income= 44.12% for tax year 1965 percentage of 1954 taxes 89.54% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 184903 207348 percentage of taxable income= 46.23% for tax year 1965 percentage of 1954 taxes 89.18% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 215903 243670 percentage of taxable income= 47.98% for tax year 1965 percentage of 1954 taxes 88.60% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 247900 281170 percentage of taxable income= 49.58% for tax year 1965 percentage of 1954 taxes 88.17% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 313396 358356 percentage of taxable income= 52.23% for tax year 1965 percentage of 1954 taxes 87.45% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 381640 438906 percentage of taxable income= 54.52% for tax year 1965 percentage of 1954 taxes 86.95% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 451137 523100 percentage of taxable income= 56.39% for tax year 1965 percentage of 1954 taxes 86.24% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 521137 610528 percentage of taxable income= 57.90% for tax year 1965 percentage of 1954 taxes 85.36% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 591137 699528 percentage of taxable income= 59.11% for tax year 1965 percentage of 1954 taxes 84.51%
Not over $ 500 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 500 but not over $ 1000 $ 70, plus 15.00% of excess over $ 500 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 1000 but not over $ 1500 $ 145, plus 16.00% of excess over $ 1000 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 1500 but not over $ 2000 $ 225, plus 17.00% of excess over $ 1500 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 2000 but not over $ 4000 $ 310, plus 19.00% of excess over $ 2000 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 690, plus 22.00% of excess over $ 4000 18.20% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1130, plus 25.00% of excess over $ 6000 19.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1630, plus 28.00% of excess over $ 8000 21.22% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2190, plus 32.00% of excess over $ 10000 22.82% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 2830, plus 36.00% of excess over $ 12000 24.54% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 3550, plus 39.00% of excess over $ 14000 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 4330, plus 42.00% of excess over $ 16000 27.94% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 5170, plus 45.00% of excess over $ 18000 29.58% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 6070, plus 48.00% of excess over $ 20000 31.19% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 7030, plus 50.00% of excess over $ 22000 33.46% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 9030, plus 53.00% of excess over $ 26000 36.62% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 12210, plus 55.00% of excess over $ 32000 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 15510, plus 58.00% of excess over $ 38000 42.07% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 18990, plus 60.00% of excess over $ 44000 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 22590, plus 62.00% of excess over $ 50000 46.71% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 28790, plus 64.00% of excess over $ 60000 49.22% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 35190, plus 66.00% of excess over $ 70000 51.32% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 41790, plus 68.00% of excess over $ 80000 53.16% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 48590, plus 69.00% of excess over $ 90000 54.78% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 55490, plus 70.00% of excess over $ 100000 55.49% <=> 70.00% effective overall tax rate as income goes to infinity1966 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 7.294210391 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 3647 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 3647 but not over $ 7294 $ 511, plus 15.00% of excess over $ 3647 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 7294 but not over $ 10941 $ 1058, plus 16.00% of excess over $ 7294 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 10941 but not over $ 14588 $ 1641, plus 17.00% of excess over $ 10941 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 14588 but not over $ 29177 $ 2261, plus 19.00% of excess over $ 14588 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 29177 but not over $ 43765 $ 5033, plus 22.00% of excess over $ 29177 18.20% effective overall tax rate(computed on tax on middle of income range) Over $ 43765 but not over $ 58354 $ 8242, plus 25.00% of excess over $ 43765 19.71% effective overall tax rate(computed on tax on middle of income range) Over $ 58354 but not over $ 72942 $ 11890, plus 28.00% of excess over $ 58354 21.22% effective overall tax rate(computed on tax on middle of income range) Over $ 72942 but not over $ 87531 $ 15974, plus 32.00% of excess over $ 72942 22.82% effective overall tax rate(computed on tax on middle of income range) Over $ 87531 but not over $ 102119 $ 20643, plus 36.00% of excess over $ 87531 24.54% effective overall tax rate(computed on tax on middle of income range) Over $ 102119 but not over $ 116707 $ 25894, plus 39.00% of excess over $ 102119 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 116707 but not over $ 131296 $ 31584, plus 42.00% of excess over $ 116707 27.94% effective overall tax rate(computed on tax on middle of income range) Over $ 131296 but not over $ 145884 $ 37711, plus 45.00% of excess over $ 131296 29.58% effective overall tax rate(computed on tax on middle of income range) Over $ 145884 but not over $ 160473 $ 44276, plus 48.00% of excess over $ 145884 31.19% effective overall tax rate(computed on tax on middle of income range) Over $ 160473 but not over $ 189649 $ 51278, plus 50.00% of excess over $ 160473 33.46% effective overall tax rate(computed on tax on middle of income range) Over $ 189649 but not over $ 233415 $ 65867, plus 53.00% of excess over $ 189649 36.62% effective overall tax rate(computed on tax on middle of income range) Over $ 233415 but not over $ 277180 $ 89062, plus 55.00% of excess over $ 233415 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 277180 but not over $ 320945 $ 113133, plus 58.00% of excess over $ 277180 42.07% effective overall tax rate(computed on tax on middle of income range) Over $ 320945 but not over $ 364711 $ 138517, plus 60.00% of excess over $ 320945 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 364711 but not over $ 437653 $ 164776, plus 62.00% of excess over $ 364711 46.71% effective overall tax rate(computed on tax on middle of income range) Over $ 437653 but not over $ 510595 $ 210000, plus 64.00% of excess over $ 437653 49.22% effective overall tax rate(computed on tax on middle of income range) Over $ 510595 but not over $ 583537 $ 256683, plus 66.00% of excess over $ 510595 51.32% effective overall tax rate(computed on tax on middle of income range) Over $ 583537 but not over $ 656479 $ 304825, plus 68.00% of excess over $ 583537 53.16% effective overall tax rate(computed on tax on middle of income range) Over $ 656479 but not over $ 729421 $ 354426, plus 69.00% of excess over $ 656479 54.78% effective overall tax rate(computed on tax on middle of income range) Over $ 729421 ........................ $ 404756, plus 70.00% of excess over $ 729421 55.49% <=> 70.00% effective overall tax rate as income goes to infinity
1966 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1491 2000 percentage of taxable income= 14.91% for tax year 1966 percentage of 1954 taxes 74.53% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3289 4049 percentage of taxable income= 16.45% for tax year 1966 percentage of 1954 taxes 81.25% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5214 6249 percentage of taxable income= 17.38% for tax year 1966 percentage of 1954 taxes 83.44% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 7414 8643 percentage of taxable income= 18.54% for tax year 1966 percentage of 1954 taxes 85.78% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9801 11243 percentage of taxable income= 19.60% for tax year 1966 percentage of 1954 taxes 87.18% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12351 14134 percentage of taxable income= 20.58% for tax year 1966 percentage of 1954 taxes 87.38% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15151 17134 percentage of taxable income= 21.64% for tax year 1966 percentage of 1954 taxes 88.42% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 18233 20523 percentage of taxable income= 22.79% for tax year 1966 percentage of 1954 taxes 88.84% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 21532 24009 percentage of taxable income= 23.92% for tax year 1966 percentage of 1954 taxes 89.68% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 25132 27809 percentage of taxable income= 25.13% for tax year 1966 percentage of 1954 taxes 90.37% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 46251 50400 percentage of taxable income= 30.83% for tax year 1966 percentage of 1954 taxes 91.77% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 71353 77586 percentage of taxable income= 35.68% for tax year 1966 percentage of 1954 taxes 91.97% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 98184 107734 percentage of taxable income= 39.27% for tax year 1966 percentage of 1954 taxes 91.14% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 126369 139299 percentage of taxable income= 42.12% for tax year 1966 percentage of 1954 taxes 90.72% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 155950 172445 percentage of taxable income= 44.56% for tax year 1966 percentage of 1954 taxes 90.43% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 186656 207348 percentage of taxable income= 46.66% for tax year 1966 percentage of 1954 taxes 90.02% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 217903 243670 percentage of taxable income= 48.42% for tax year 1966 percentage of 1954 taxes 89.43% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 249903 281170 percentage of taxable income= 49.98% for tax year 1966 percentage of 1954 taxes 88.88% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 316020 358356 percentage of taxable income= 52.67% for tax year 1966 percentage of 1954 taxes 88.19% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 384455 438906 percentage of taxable income= 54.92% for tax year 1966 percentage of 1954 taxes 87.59% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 454161 523100 percentage of taxable income= 56.77% for tax year 1966 percentage of 1954 taxes 86.82% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 524161 610528 percentage of taxable income= 58.24% for tax year 1966 percentage of 1954 taxes 85.85% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 594161 699528 percentage of taxable income= 59.42% for tax year 1966 percentage of 1954 taxes 84.94%
Not over $ 500 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 500 but not over $ 1000 $ 70, plus 15.00% of excess over $ 500 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 1000 but not over $ 1500 $ 145, plus 16.00% of excess over $ 1000 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 1500 but not over $ 2000 $ 225, plus 17.00% of excess over $ 1500 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 2000 but not over $ 4000 $ 310, plus 19.00% of excess over $ 2000 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 690, plus 22.00% of excess over $ 4000 18.20% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1130, plus 25.00% of excess over $ 6000 19.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1630, plus 28.00% of excess over $ 8000 21.22% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2190, plus 32.00% of excess over $ 10000 22.82% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 2830, plus 36.00% of excess over $ 12000 24.54% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 3550, plus 39.00% of excess over $ 14000 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 4330, plus 42.00% of excess over $ 16000 27.94% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 5170, plus 45.00% of excess over $ 18000 29.58% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 6070, plus 48.00% of excess over $ 20000 31.19% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 7030, plus 50.00% of excess over $ 22000 33.46% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 9030, plus 53.00% of excess over $ 26000 36.62% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 12210, plus 55.00% of excess over $ 32000 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 15510, plus 58.00% of excess over $ 38000 42.07% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 18990, plus 60.00% of excess over $ 44000 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 22590, plus 62.00% of excess over $ 50000 46.71% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 28790, plus 64.00% of excess over $ 60000 49.22% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 35190, plus 66.00% of excess over $ 70000 51.32% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 41790, plus 68.00% of excess over $ 80000 53.16% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 48590, plus 69.00% of excess over $ 90000 54.78% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 55490, plus 70.00% of excess over $ 100000 55.49% <=> 70.00% effective overall tax rate as income goes to infinity1967 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 7.075820858 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 3538 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 3538 but not over $ 7076 $ 495, plus 15.00% of excess over $ 3538 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 7076 but not over $ 10614 $ 1026, plus 16.00% of excess over $ 7076 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 10614 but not over $ 14152 $ 1592, plus 17.00% of excess over $ 10614 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 14152 but not over $ 28303 $ 2194, plus 19.00% of excess over $ 14152 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 28303 but not over $ 42455 $ 4882, plus 22.00% of excess over $ 28303 18.20% effective overall tax rate(computed on tax on middle of income range) Over $ 42455 but not over $ 56607 $ 7996, plus 25.00% of excess over $ 42455 19.71% effective overall tax rate(computed on tax on middle of income range) Over $ 56607 but not over $ 70758 $ 11534, plus 28.00% of excess over $ 56607 21.22% effective overall tax rate(computed on tax on middle of income range) Over $ 70758 but not over $ 84910 $ 15496, plus 32.00% of excess over $ 70758 22.82% effective overall tax rate(computed on tax on middle of income range) Over $ 84910 but not over $ 99061 $ 20025, plus 36.00% of excess over $ 84910 24.54% effective overall tax rate(computed on tax on middle of income range) Over $ 99061 but not over $ 113213 $ 25119, plus 39.00% of excess over $ 99061 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 113213 but not over $ 127365 $ 30638, plus 42.00% of excess over $ 113213 27.94% effective overall tax rate(computed on tax on middle of income range) Over $ 127365 but not over $ 141516 $ 36582, plus 45.00% of excess over $ 127365 29.58% effective overall tax rate(computed on tax on middle of income range) Over $ 141516 but not over $ 155668 $ 42950, plus 48.00% of excess over $ 141516 31.19% effective overall tax rate(computed on tax on middle of income range) Over $ 155668 but not over $ 183971 $ 49743, plus 50.00% of excess over $ 155668 33.46% effective overall tax rate(computed on tax on middle of income range) Over $ 183971 but not over $ 226426 $ 63895, plus 53.00% of excess over $ 183971 36.62% effective overall tax rate(computed on tax on middle of income range) Over $ 226426 but not over $ 268881 $ 86396, plus 55.00% of excess over $ 226426 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 268881 but not over $ 311336 $ 109746, plus 58.00% of excess over $ 268881 42.07% effective overall tax rate(computed on tax on middle of income range) Over $ 311336 but not over $ 353791 $ 134370, plus 60.00% of excess over $ 311336 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 353791 but not over $ 424549 $ 159843, plus 62.00% of excess over $ 353791 46.71% effective overall tax rate(computed on tax on middle of income range) Over $ 424549 but not over $ 495307 $ 203713, plus 64.00% of excess over $ 424549 49.22% effective overall tax rate(computed on tax on middle of income range) Over $ 495307 but not over $ 566066 $ 248998, plus 66.00% of excess over $ 495307 51.32% effective overall tax rate(computed on tax on middle of income range) Over $ 566066 but not over $ 636824 $ 295699, plus 68.00% of excess over $ 566066 53.16% effective overall tax rate(computed on tax on middle of income range) Over $ 636824 but not over $ 707582 $ 343814, plus 69.00% of excess over $ 636824 54.78% effective overall tax rate(computed on tax on middle of income range) Over $ 707582 ........................ $ 392637, plus 70.00% of excess over $ 707582 55.49% <=> 70.00% effective overall tax rate as income goes to infinity
1967 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1494 2000 percentage of taxable income= 14.94% for tax year 1967 percentage of 1954 taxes 74.69% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3305 4049 percentage of taxable income= 16.52% for tax year 1967 percentage of 1954 taxes 81.63% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5256 6249 percentage of taxable income= 17.52% for tax year 1967 percentage of 1954 taxes 84.11% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 7456 8643 percentage of taxable income= 18.64% for tax year 1967 percentage of 1954 taxes 86.26% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9882 11243 percentage of taxable income= 19.76% for tax year 1967 percentage of 1954 taxes 87.90% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12484 14134 percentage of taxable income= 20.81% for tax year 1967 percentage of 1954 taxes 88.32% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15284 17134 percentage of taxable income= 21.83% for tax year 1967 percentage of 1954 taxes 89.20% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 18453 20523 percentage of taxable income= 23.07% for tax year 1967 percentage of 1954 taxes 89.92% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 21857 24009 percentage of taxable income= 24.29% for tax year 1967 percentage of 1954 taxes 91.04% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 25485 27809 percentage of taxable income= 25.49% for tax year 1967 percentage of 1954 taxes 91.64% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 47022 50400 percentage of taxable income= 31.35% for tax year 1967 percentage of 1954 taxes 93.30% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 72390 77586 percentage of taxable income= 36.19% for tax year 1967 percentage of 1954 taxes 93.30% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 99361 107734 percentage of taxable income= 39.74% for tax year 1967 percentage of 1954 taxes 92.23% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 127795 139299 percentage of taxable income= 42.60% for tax year 1967 percentage of 1954 taxes 91.74% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 157568 172445 percentage of taxable income= 45.02% for tax year 1967 percentage of 1954 taxes 91.37% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 188492 207348 percentage of taxable income= 47.12% for tax year 1967 percentage of 1954 taxes 90.91% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 220001 243670 percentage of taxable income= 48.89% for tax year 1967 percentage of 1954 taxes 90.29% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 252095 281170 percentage of taxable income= 50.42% for tax year 1967 percentage of 1954 taxes 89.66% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 318774 358356 percentage of taxable income= 53.13% for tax year 1967 percentage of 1954 taxes 88.95% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 387406 438906 percentage of taxable income= 55.34% for tax year 1967 percentage of 1954 taxes 88.27% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 457330 523100 percentage of taxable income= 57.17% for tax year 1967 percentage of 1954 taxes 87.43% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 527330 610528 percentage of taxable income= 58.59% for tax year 1967 percentage of 1954 taxes 86.37% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 597330 699528 percentage of taxable income= 59.73% for tax year 1967 percentage of 1954 taxes 85.39%
Not over $ 500 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 500 but not over $ 1000 $ 70, plus 15.00% of excess over $ 500 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 1000 but not over $ 1500 $ 145, plus 16.00% of excess over $ 1000 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 1500 but not over $ 2000 $ 225, plus 17.00% of excess over $ 1500 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 2000 but not over $ 4000 $ 310, plus 19.00% of excess over $ 2000 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 690, plus 22.00% of excess over $ 4000 18.20% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1130, plus 25.00% of excess over $ 6000 19.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1630, plus 28.00% of excess over $ 8000 21.22% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2190, plus 32.00% of excess over $ 10000 22.82% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 2830, plus 36.00% of excess over $ 12000 24.54% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 3550, plus 39.00% of excess over $ 14000 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 4330, plus 42.00% of excess over $ 16000 27.94% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 5170, plus 45.00% of excess over $ 18000 29.58% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 6070, plus 48.00% of excess over $ 20000 31.19% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 7030, plus 50.00% of excess over $ 22000 33.46% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 9030, plus 53.00% of excess over $ 26000 36.62% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 12210, plus 55.00% of excess over $ 32000 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 15510, plus 58.00% of excess over $ 38000 42.07% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 18990, plus 60.00% of excess over $ 44000 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 22590, plus 62.00% of excess over $ 50000 46.71% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 28790, plus 64.00% of excess over $ 60000 49.22% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 35190, plus 66.00% of excess over $ 70000 51.32% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 41790, plus 68.00% of excess over $ 80000 53.16% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 48590, plus 69.00% of excess over $ 90000 54.78% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 55490, plus 70.00% of excess over $ 100000 55.49% <=> 70.00% effective overall tax rate as income goes to infinity1968 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 6.791161398 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 3396 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 3396 but not over $ 6791 $ 475, plus 15.00% of excess over $ 3396 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 6791 but not over $ 10187 $ 985, plus 16.00% of excess over $ 6791 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 10187 but not over $ 13582 $ 1528, plus 17.00% of excess over $ 10187 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 13582 but not over $ 27165 $ 2105, plus 19.00% of excess over $ 13582 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 27165 but not over $ 40747 $ 4686, plus 22.00% of excess over $ 27165 18.20% effective overall tax rate(computed on tax on middle of income range) Over $ 40747 but not over $ 54329 $ 7674, plus 25.00% of excess over $ 40747 19.71% effective overall tax rate(computed on tax on middle of income range) Over $ 54329 but not over $ 67912 $ 11070, plus 28.00% of excess over $ 54329 21.22% effective overall tax rate(computed on tax on middle of income range) Over $ 67912 but not over $ 81494 $ 14873, plus 32.00% of excess over $ 67912 22.82% effective overall tax rate(computed on tax on middle of income range) Over $ 81494 but not over $ 95076 $ 19219, plus 36.00% of excess over $ 81494 24.54% effective overall tax rate(computed on tax on middle of income range) Over $ 95076 but not over $ 108659 $ 24109, plus 39.00% of excess over $ 95076 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 108659 but not over $ 122241 $ 29406, plus 42.00% of excess over $ 108659 27.94% effective overall tax rate(computed on tax on middle of income range) Over $ 122241 but not over $ 135823 $ 35110, plus 45.00% of excess over $ 122241 29.58% effective overall tax rate(computed on tax on middle of income range) Over $ 135823 but not over $ 149406 $ 41222, plus 48.00% of excess over $ 135823 31.19% effective overall tax rate(computed on tax on middle of income range) Over $ 149406 but not over $ 176570 $ 47742, plus 50.00% of excess over $ 149406 33.46% effective overall tax rate(computed on tax on middle of income range) Over $ 176570 but not over $ 217317 $ 61324, plus 53.00% of excess over $ 176570 36.62% effective overall tax rate(computed on tax on middle of income range) Over $ 217317 but not over $ 258064 $ 82920, plus 55.00% of excess over $ 217317 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 258064 but not over $ 298811 $ 105331, plus 58.00% of excess over $ 258064 42.07% effective overall tax rate(computed on tax on middle of income range) Over $ 298811 but not over $ 339558 $ 128964, plus 60.00% of excess over $ 298811 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 339558 but not over $ 407470 $ 153412, plus 62.00% of excess over $ 339558 46.71% effective overall tax rate(computed on tax on middle of income range) Over $ 407470 but not over $ 475381 $ 195518, plus 64.00% of excess over $ 407470 49.22% effective overall tax rate(computed on tax on middle of income range) Over $ 475381 but not over $ 543293 $ 238981, plus 66.00% of excess over $ 475381 51.32% effective overall tax rate(computed on tax on middle of income range) Over $ 543293 but not over $ 611205 $ 283803, plus 68.00% of excess over $ 543293 53.16% effective overall tax rate(computed on tax on middle of income range) Over $ 611205 but not over $ 679116 $ 329983, plus 69.00% of excess over $ 611205 54.78% effective overall tax rate(computed on tax on middle of income range) Over $ 679116 ........................ $ 376842, plus 70.00% of excess over $ 679116 55.49% <=> 70.00% effective overall tax rate as income goes to infinity
1968 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1498 2000 percentage of taxable income= 14.98% for tax year 1968 percentage of 1954 taxes 74.91% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3325 4049 percentage of taxable income= 16.62% for tax year 1968 percentage of 1954 taxes 82.12% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5310 6249 percentage of taxable income= 17.70% for tax year 1968 percentage of 1954 taxes 84.97% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 7510 8643 percentage of taxable income= 18.77% for tax year 1968 percentage of 1954 taxes 86.89% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9987 11243 percentage of taxable income= 19.97% for tax year 1968 percentage of 1954 taxes 88.83% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12657 14134 percentage of taxable income= 21.10% for tax year 1968 percentage of 1954 taxes 89.55% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15541 17134 percentage of taxable income= 22.20% for tax year 1968 percentage of 1954 taxes 90.70% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 18741 20523 percentage of taxable income= 23.43% for tax year 1968 percentage of 1954 taxes 91.32% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 22281 24009 percentage of taxable income= 24.76% for tax year 1968 percentage of 1954 taxes 92.80% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 26029 27809 percentage of taxable income= 26.03% for tax year 1968 percentage of 1954 taxes 93.60% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 48039 50400 percentage of taxable income= 32.03% for tax year 1968 percentage of 1954 taxes 95.32% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 73742 77586 percentage of taxable income= 36.87% for tax year 1968 percentage of 1954 taxes 95.05% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 100896 107734 percentage of taxable income= 40.36% for tax year 1968 percentage of 1954 taxes 93.65% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 129677 139299 percentage of taxable income= 43.23% for tax year 1968 percentage of 1954 taxes 93.09% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 159886 172445 percentage of taxable income= 45.68% for tax year 1968 percentage of 1954 taxes 92.72% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 190886 207348 percentage of taxable income= 47.72% for tax year 1968 percentage of 1954 taxes 92.06% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 222737 243670 percentage of taxable income= 49.50% for tax year 1968 percentage of 1954 taxes 91.41% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 255229 281170 percentage of taxable income= 51.05% for tax year 1968 percentage of 1954 taxes 90.77% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 322363 358356 percentage of taxable income= 53.73% for tax year 1968 percentage of 1954 taxes 89.96% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 391460 438906 percentage of taxable income= 55.92% for tax year 1968 percentage of 1954 taxes 89.19% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 461460 523100 percentage of taxable income= 57.68% for tax year 1968 percentage of 1954 taxes 88.22% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 531460 610528 percentage of taxable income= 59.05% for tax year 1968 percentage of 1954 taxes 87.05% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 601460 699528 percentage of taxable income= 60.15% for tax year 1968 percentage of 1954 taxes 85.98%
Not over $ 500 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 500 but not over $ 1000 $ 70, plus 15.00% of excess over $ 500 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 1000 but not over $ 1500 $ 145, plus 16.00% of excess over $ 1000 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 1500 but not over $ 2000 $ 225, plus 17.00% of excess over $ 1500 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 2000 but not over $ 4000 $ 310, plus 19.00% of excess over $ 2000 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 690, plus 22.00% of excess over $ 4000 18.20% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1130, plus 25.00% of excess over $ 6000 19.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1630, plus 28.00% of excess over $ 8000 21.22% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2190, plus 32.00% of excess over $ 10000 22.82% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 2830, plus 36.00% of excess over $ 12000 24.54% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 3550, plus 39.00% of excess over $ 14000 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 4330, plus 42.00% of excess over $ 16000 27.94% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 5170, plus 45.00% of excess over $ 18000 29.58% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 6070, plus 48.00% of excess over $ 20000 31.19% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 7030, plus 50.00% of excess over $ 22000 33.46% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 9030, plus 53.00% of excess over $ 26000 36.62% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 12210, plus 55.00% of excess over $ 32000 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 15510, plus 58.00% of excess over $ 38000 42.07% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 18990, plus 60.00% of excess over $ 44000 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 22590, plus 62.00% of excess over $ 50000 46.71% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 28790, plus 64.00% of excess over $ 60000 49.22% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 35190, plus 66.00% of excess over $ 70000 51.32% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 41790, plus 68.00% of excess over $ 80000 53.16% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 48590, plus 69.00% of excess over $ 90000 54.78% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 55490, plus 70.00% of excess over $ 100000 55.49% <=> 70.00% effective overall tax rate as income goes to infinity1969 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 6.439575387 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 3220 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 3220 but not over $ 6440 $ 451, plus 15.00% of excess over $ 3220 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 6440 but not over $ 9659 $ 934, plus 16.00% of excess over $ 6440 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 9659 but not over $ 12879 $ 1449, plus 17.00% of excess over $ 9659 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 12879 but not over $ 25758 $ 1996, plus 19.00% of excess over $ 12879 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 25758 but not over $ 38637 $ 4443, plus 22.00% of excess over $ 25758 18.20% effective overall tax rate(computed on tax on middle of income range) Over $ 38637 but not over $ 51517 $ 7277, plus 25.00% of excess over $ 38637 19.71% effective overall tax rate(computed on tax on middle of income range) Over $ 51517 but not over $ 64396 $ 10497, plus 28.00% of excess over $ 51517 21.22% effective overall tax rate(computed on tax on middle of income range) Over $ 64396 but not over $ 77275 $ 14103, plus 32.00% of excess over $ 64396 22.82% effective overall tax rate(computed on tax on middle of income range) Over $ 77275 but not over $ 90154 $ 18224, plus 36.00% of excess over $ 77275 24.54% effective overall tax rate(computed on tax on middle of income range) Over $ 90154 but not over $ 103033 $ 22860, plus 39.00% of excess over $ 90154 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 103033 but not over $ 115912 $ 27883, plus 42.00% of excess over $ 103033 27.94% effective overall tax rate(computed on tax on middle of income range) Over $ 115912 but not over $ 128792 $ 33293, plus 45.00% of excess over $ 115912 29.58% effective overall tax rate(computed on tax on middle of income range) Over $ 128792 but not over $ 141671 $ 39088, plus 48.00% of excess over $ 128792 31.19% effective overall tax rate(computed on tax on middle of income range) Over $ 141671 but not over $ 167429 $ 45270, plus 50.00% of excess over $ 141671 33.46% effective overall tax rate(computed on tax on middle of income range) Over $ 167429 but not over $ 206066 $ 58149, plus 53.00% of excess over $ 167429 36.62% effective overall tax rate(computed on tax on middle of income range) Over $ 206066 but not over $ 244704 $ 78627, plus 55.00% of excess over $ 206066 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 244704 but not over $ 283341 $ 99878, plus 58.00% of excess over $ 244704 42.07% effective overall tax rate(computed on tax on middle of income range) Over $ 283341 but not over $ 321979 $ 122288, plus 60.00% of excess over $ 283341 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 321979 but not over $ 386375 $ 145470, plus 62.00% of excess over $ 321979 46.71% effective overall tax rate(computed on tax on middle of income range) Over $ 386375 but not over $ 450770 $ 185395, plus 64.00% of excess over $ 386375 49.22% effective overall tax rate(computed on tax on middle of income range) Over $ 450770 but not over $ 515166 $ 226609, plus 66.00% of excess over $ 450770 51.32% effective overall tax rate(computed on tax on middle of income range) Over $ 515166 but not over $ 579562 $ 269110, plus 68.00% of excess over $ 515166 53.16% effective overall tax rate(computed on tax on middle of income range) Over $ 579562 but not over $ 643958 $ 312899, plus 69.00% of excess over $ 579562 54.78% effective overall tax rate(computed on tax on middle of income range) Over $ 643958 ........................ $ 357332, plus 70.00% of excess over $ 643958 55.49% <=> 70.00% effective overall tax rate as income goes to infinity
1969 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1507 2000 percentage of taxable income= 15.07% for tax year 1969 percentage of 1954 taxes 75.34% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3349 4049 percentage of taxable income= 16.75% for tax year 1969 percentage of 1954 taxes 82.73% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5376 6249 percentage of taxable income= 17.92% for tax year 1969 percentage of 1954 taxes 86.04% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 7617 8643 percentage of taxable income= 19.04% for tax year 1969 percentage of 1954 taxes 88.13% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10117 11243 percentage of taxable income= 20.23% for tax year 1969 percentage of 1954 taxes 89.99% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12872 14134 percentage of taxable income= 21.45% for tax year 1969 percentage of 1954 taxes 91.07% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15896 17134 percentage of taxable income= 22.71% for tax year 1969 percentage of 1954 taxes 92.77% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 19205 20523 percentage of taxable income= 24.01% for tax year 1969 percentage of 1954 taxes 93.58% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 22805 24009 percentage of taxable income= 25.34% for tax year 1969 percentage of 1954 taxes 94.99% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 26700 27809 percentage of taxable income= 26.70% for tax year 1969 percentage of 1954 taxes 96.01% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 49435 50400 percentage of taxable income= 32.96% for tax year 1969 percentage of 1954 taxes 98.08% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 75412 77586 percentage of taxable income= 37.71% for tax year 1969 percentage of 1954 taxes 97.20% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 102950 107734 percentage of taxable income= 41.18% for tax year 1969 percentage of 1954 taxes 95.56% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 132283 139299 percentage of taxable income= 44.09% for tax year 1969 percentage of 1954 taxes 94.96% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 162843 172445 percentage of taxable income= 46.53% for tax year 1969 percentage of 1954 taxes 94.43% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 194116 207348 percentage of taxable income= 48.53% for tax year 1969 percentage of 1954 taxes 93.62% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 226116 243670 percentage of taxable income= 50.25% for tax year 1969 percentage of 1954 taxes 92.80% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 259100 281170 percentage of taxable income= 51.82% for tax year 1969 percentage of 1954 taxes 92.15% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 327001 358356 percentage of taxable income= 54.50% for tax year 1969 percentage of 1954 taxes 91.25% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 396562 438906 percentage of taxable income= 56.65% for tax year 1969 percentage of 1954 taxes 90.35% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 466562 523100 percentage of taxable income= 58.32% for tax year 1969 percentage of 1954 taxes 89.19% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 536562 610528 percentage of taxable income= 59.62% for tax year 1969 percentage of 1954 taxes 87.88% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 606562 699528 percentage of taxable income= 60.66% for tax year 1969 percentage of 1954 taxes 86.71%
Not over $ 500 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 500 but not over $ 1000 $ 70, plus 15.00% of excess over $ 500 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 1000 but not over $ 1500 $ 145, plus 16.00% of excess over $ 1000 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 1500 but not over $ 2000 $ 225, plus 17.00% of excess over $ 1500 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 2000 but not over $ 4000 $ 310, plus 19.00% of excess over $ 2000 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 690, plus 22.00% of excess over $ 4000 18.20% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1130, plus 25.00% of excess over $ 6000 19.71% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1630, plus 28.00% of excess over $ 8000 21.22% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2190, plus 32.00% of excess over $ 10000 22.82% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 2830, plus 36.00% of excess over $ 12000 24.54% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 3550, plus 39.00% of excess over $ 14000 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 4330, plus 42.00% of excess over $ 16000 27.94% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 5170, plus 45.00% of excess over $ 18000 29.58% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 6070, plus 48.00% of excess over $ 20000 31.19% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 7030, plus 50.00% of excess over $ 22000 33.46% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 9030, plus 53.00% of excess over $ 26000 36.62% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 12210, plus 55.00% of excess over $ 32000 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 15510, plus 58.00% of excess over $ 38000 42.07% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 18990, plus 60.00% of excess over $ 44000 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 22590, plus 62.00% of excess over $ 50000 46.71% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 28790, plus 64.00% of excess over $ 60000 49.22% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 35190, plus 66.00% of excess over $ 70000 51.32% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 41790, plus 68.00% of excess over $ 80000 53.16% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 48590, plus 69.00% of excess over $ 90000 54.78% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 55490, plus 70.00% of excess over $ 100000 55.49% <=> 70.00% effective overall tax rate as income goes to infinity1970 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 6.091041666 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 3046 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 3046 but not over $ 6091 $ 426, plus 15.00% of excess over $ 3046 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 6091 but not over $ 9137 $ 883, plus 16.00% of excess over $ 6091 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 9137 but not over $ 12182 $ 1370, plus 17.00% of excess over $ 9137 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 12182 but not over $ 24364 $ 1888, plus 19.00% of excess over $ 12182 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 24364 but not over $ 36546 $ 4203, plus 22.00% of excess over $ 24364 18.20% effective overall tax rate(computed on tax on middle of income range) Over $ 36546 but not over $ 48728 $ 6883, plus 25.00% of excess over $ 36546 19.71% effective overall tax rate(computed on tax on middle of income range) Over $ 48728 but not over $ 60910 $ 9928, plus 28.00% of excess over $ 48728 21.22% effective overall tax rate(computed on tax on middle of income range) Over $ 60910 but not over $ 73092 $ 13339, plus 32.00% of excess over $ 60910 22.82% effective overall tax rate(computed on tax on middle of income range) Over $ 73092 but not over $ 85275 $ 17238, plus 36.00% of excess over $ 73092 24.54% effective overall tax rate(computed on tax on middle of income range) Over $ 85275 but not over $ 97457 $ 21623, plus 39.00% of excess over $ 85275 26.27% effective overall tax rate(computed on tax on middle of income range) Over $ 97457 but not over $ 109639 $ 26374, plus 42.00% of excess over $ 97457 27.94% effective overall tax rate(computed on tax on middle of income range) Over $ 109639 but not over $ 121821 $ 31491, plus 45.00% of excess over $ 109639 29.58% effective overall tax rate(computed on tax on middle of income range) Over $ 121821 but not over $ 134003 $ 36973, plus 48.00% of excess over $ 121821 31.19% effective overall tax rate(computed on tax on middle of income range) Over $ 134003 but not over $ 158367 $ 42820, plus 50.00% of excess over $ 134003 33.46% effective overall tax rate(computed on tax on middle of income range) Over $ 158367 but not over $ 194913 $ 55002, plus 53.00% of excess over $ 158367 36.62% effective overall tax rate(computed on tax on middle of income range) Over $ 194913 but not over $ 231460 $ 74372, plus 55.00% of excess over $ 194913 39.60% effective overall tax rate(computed on tax on middle of income range) Over $ 231460 but not over $ 268006 $ 94472, plus 58.00% of excess over $ 231460 42.07% effective overall tax rate(computed on tax on middle of income range) Over $ 268006 but not over $ 304552 $ 115669, plus 60.00% of excess over $ 268006 44.23% effective overall tax rate(computed on tax on middle of income range) Over $ 304552 but not over $ 365462 $ 137597, plus 62.00% of excess over $ 304552 46.71% effective overall tax rate(computed on tax on middle of income range) Over $ 365462 but not over $ 426373 $ 175361, plus 64.00% of excess over $ 365462 49.22% effective overall tax rate(computed on tax on middle of income range) Over $ 426373 but not over $ 487283 $ 214344, plus 66.00% of excess over $ 426373 51.32% effective overall tax rate(computed on tax on middle of income range) Over $ 487283 but not over $ 548194 $ 254545, plus 68.00% of excess over $ 487283 53.16% effective overall tax rate(computed on tax on middle of income range) Over $ 548194 but not over $ 609104 $ 295964, plus 69.00% of excess over $ 548194 54.78% effective overall tax rate(computed on tax on middle of income range) Over $ 609104 ........................ $ 337992, plus 70.00% of excess over $ 609104 55.49% <=> 70.00% effective overall tax rate as income goes to infinity
1970 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1517 2000 percentage of taxable income= 15.17% for tax year 1970 percentage of 1954 taxes 75.86% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3374 4049 percentage of taxable income= 16.87% for tax year 1970 percentage of 1954 taxes 83.33% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5443 6249 percentage of taxable income= 18.14% for tax year 1970 percentage of 1954 taxes 87.10% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 7746 8643 percentage of taxable income= 19.37% for tax year 1970 percentage of 1954 taxes 89.63% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10284 11243 percentage of taxable income= 20.57% for tax year 1970 percentage of 1954 taxes 91.48% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 13084 14134 percentage of taxable income= 21.81% for tax year 1970 percentage of 1954 taxes 92.57% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 16248 17134 percentage of taxable income= 23.21% for tax year 1970 percentage of 1954 taxes 94.83% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 19724 20523 percentage of taxable income= 24.66% for tax year 1970 percentage of 1954 taxes 96.11% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 23466 24009 percentage of taxable income= 26.07% for tax year 1970 percentage of 1954 taxes 97.74% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 27442 27809 percentage of taxable income= 27.44% for tax year 1970 percentage of 1954 taxes 98.68% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 50819 50400 percentage of taxable income= 33.88% for tax year 1970 percentage of 1954 taxes 100.83% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 77169 77586 percentage of taxable income= 38.58% for tax year 1970 percentage of 1954 taxes 99.46% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 105225 107734 percentage of taxable income= 42.09% for tax year 1970 percentage of 1954 taxes 97.67% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 134865 139299 percentage of taxable income= 44.96% for tax year 1970 percentage of 1954 taxes 96.82% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 165774 172445 percentage of taxable income= 47.36% for tax year 1970 percentage of 1954 taxes 96.13% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 197465 207348 percentage of taxable income= 49.37% for tax year 1970 percentage of 1954 taxes 95.23% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 229938 243670 percentage of taxable income= 51.10% for tax year 1970 percentage of 1954 taxes 94.36% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 263192 281170 percentage of taxable income= 52.64% for tax year 1970 percentage of 1954 taxes 93.61% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 331710 358356 percentage of taxable income= 55.29% for tax year 1970 percentage of 1954 taxes 92.56% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 401619 438906 percentage of taxable income= 57.37% for tax year 1970 percentage of 1954 taxes 91.50% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 471619 523100 percentage of taxable income= 58.95% for tax year 1970 percentage of 1954 taxes 90.16% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 541619 610528 percentage of taxable income= 60.18% for tax year 1970 percentage of 1954 taxes 88.71% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 611619 699528 percentage of taxable income= 61.16% for tax year 1970 percentage of 1954 taxes 87.43%
Not over $ 500 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 500 but not over $ 1000 $ 70, plus 15.00% of excess over $ 500 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 1000 but not over $ 1500 $ 145, plus 16.00% of excess over $ 1000 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 1500 but not over $ 2000 $ 225, plus 17.00% of excess over $ 1500 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 2000 but not over $ 4000 $ 310, plus 19.00% of excess over $ 2000 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 690, plus 21.00% of excess over $ 4000 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1110, plus 24.00% of excess over $ 6000 19.29% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1590, plus 25.00% of excess over $ 8000 20.44% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2090, plus 27.00% of excess over $ 10000 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 2630, plus 29.00% of excess over $ 12000 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 3210, plus 31.00% of excess over $ 14000 23.47% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 3830, plus 34.00% of excess over $ 16000 24.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 4510, plus 36.00% of excess over $ 18000 25.63% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 5230, plus 38.00% of excess over $ 20000 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 5990, plus 40.00% of excess over $ 22000 28.29% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 7590, plus 45.00% of excess over $ 26000 30.83% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 10290, plus 50.00% of excess over $ 32000 33.69% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 13290, plus 55.00% of excess over $ 38000 36.44% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 16590, plus 60.00% of excess over $ 44000 39.13% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 20190, plus 62.00% of excess over $ 50000 42.35% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 26390, plus 64.00% of excess over $ 60000 45.52% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 32790, plus 66.00% of excess over $ 70000 48.12% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 39390, plus 68.00% of excess over $ 80000 50.34% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 46190, plus 69.00% of excess over $ 90000 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 53090, plus 70.00% of excess over $ 100000 53.09% <=> 70.00% effective overall tax rate as income goes to infinity1971 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 5.835368313 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 2918 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 2918 but not over $ 5835 $ 408, plus 15.00% of excess over $ 2918 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 5835 but not over $ 8753 $ 846, plus 16.00% of excess over $ 5835 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 8753 but not over $ 11671 $ 1313, plus 17.00% of excess over $ 8753 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 11671 but not over $ 23341 $ 1809, plus 19.00% of excess over $ 11671 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 23341 but not over $ 35012 $ 4026, plus 21.00% of excess over $ 23341 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 35012 but not over $ 46683 $ 6477, plus 24.00% of excess over $ 35012 19.29% effective overall tax rate(computed on tax on middle of income range) Over $ 46683 but not over $ 58354 $ 9278, plus 25.00% of excess over $ 46683 20.44% effective overall tax rate(computed on tax on middle of income range) Over $ 58354 but not over $ 70024 $ 12196, plus 27.00% of excess over $ 58354 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 70024 but not over $ 81695 $ 15347, plus 29.00% of excess over $ 70024 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 81695 but not over $ 93366 $ 18732, plus 31.00% of excess over $ 81695 23.47% effective overall tax rate(computed on tax on middle of income range) Over $ 93366 but not over $ 105037 $ 22349, plus 34.00% of excess over $ 93366 24.53% effective overall tax rate(computed on tax on middle of income range) Over $ 105037 but not over $ 116707 $ 26318, plus 36.00% of excess over $ 105037 25.63% effective overall tax rate(computed on tax on middle of income range) Over $ 116707 but not over $ 128378 $ 30519, plus 38.00% of excess over $ 116707 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 128378 but not over $ 151720 $ 34954, plus 40.00% of excess over $ 128378 28.29% effective overall tax rate(computed on tax on middle of income range) Over $ 151720 but not over $ 186732 $ 44290, plus 45.00% of excess over $ 151720 30.83% effective overall tax rate(computed on tax on middle of income range) Over $ 186732 but not over $ 221744 $ 60046, plus 50.00% of excess over $ 186732 33.69% effective overall tax rate(computed on tax on middle of income range) Over $ 221744 but not over $ 256756 $ 77552, plus 55.00% of excess over $ 221744 36.44% effective overall tax rate(computed on tax on middle of income range) Over $ 256756 but not over $ 291768 $ 96809, plus 60.00% of excess over $ 256756 39.13% effective overall tax rate(computed on tax on middle of income range) Over $ 291768 but not over $ 350122 $ 117816, plus 62.00% of excess over $ 291768 42.35% effective overall tax rate(computed on tax on middle of income range) Over $ 350122 but not over $ 408476 $ 153995, plus 64.00% of excess over $ 350122 45.52% effective overall tax rate(computed on tax on middle of income range) Over $ 408476 but not over $ 466829 $ 191342, plus 66.00% of excess over $ 408476 48.12% effective overall tax rate(computed on tax on middle of income range) Over $ 466829 but not over $ 525183 $ 229855, plus 68.00% of excess over $ 466829 50.34% effective overall tax rate(computed on tax on middle of income range) Over $ 525183 but not over $ 583537 $ 269536, plus 69.00% of excess over $ 525183 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 583537 ........................ $ 309800, plus 70.00% of excess over $ 583537 53.09% <=> 70.00% effective overall tax rate as income goes to infinity
1971 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1525 2000 percentage of taxable income= 15.25% for tax year 1971 percentage of 1954 taxes 76.25% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3392 4049 percentage of taxable income= 16.96% for tax year 1971 percentage of 1954 taxes 83.77% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5425 6249 percentage of taxable income= 18.08% for tax year 1971 percentage of 1954 taxes 86.81% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 7674 8643 percentage of taxable income= 19.19% for tax year 1971 percentage of 1954 taxes 88.79% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10107 11243 percentage of taxable income= 20.21% for tax year 1971 percentage of 1954 taxes 89.90% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12640 14134 percentage of taxable income= 21.07% for tax year 1971 percentage of 1954 taxes 89.43% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15340 17134 percentage of taxable income= 21.91% for tax year 1971 percentage of 1954 taxes 89.53% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 18240 20523 percentage of taxable income= 22.80% for tax year 1971 percentage of 1954 taxes 88.88% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 21306 24009 percentage of taxable income= 23.67% for tax year 1971 percentage of 1954 taxes 88.74% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 24605 27809 percentage of taxable income= 24.61% for tax year 1971 percentage of 1954 taxes 88.48% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 43603 50400 percentage of taxable income= 29.07% for tax year 1971 percentage of 1954 taxes 86.51% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 66680 77586 percentage of taxable income= 33.34% for tax year 1971 percentage of 1954 taxes 85.94% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 93093 107734 percentage of taxable income= 37.24% for tax year 1971 percentage of 1954 taxes 86.41% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 122920 139299 percentage of taxable income= 40.97% for tax year 1971 percentage of 1954 taxes 88.24% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 153920 172445 percentage of taxable income= 43.98% for tax year 1971 percentage of 1954 taxes 89.26% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 185917 207348 percentage of taxable income= 46.48% for tax year 1971 percentage of 1954 taxes 89.66% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 218748 243670 percentage of taxable income= 48.61% for tax year 1971 percentage of 1954 taxes 89.77% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 252411 281170 percentage of taxable income= 50.48% for tax year 1971 percentage of 1954 taxes 89.77% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 321324 358356 percentage of taxable income= 53.55% for tax year 1971 percentage of 1954 taxes 89.67% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 391324 438906 percentage of taxable income= 55.90% for tax year 1971 percentage of 1954 taxes 89.16% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 461324 523100 percentage of taxable income= 57.67% for tax year 1971 percentage of 1954 taxes 88.19% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 531324 610528 percentage of taxable income= 59.04% for tax year 1971 percentage of 1954 taxes 87.03% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 601324 699528 percentage of taxable income= 60.13% for tax year 1971 percentage of 1954 taxes 85.96%
Not over $ 500 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 500 but not over $ 1000 $ 70, plus 15.00% of excess over $ 500 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 1000 but not over $ 1500 $ 145, plus 16.00% of excess over $ 1000 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 1500 but not over $ 2000 $ 225, plus 17.00% of excess over $ 1500 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 2000 but not over $ 4000 $ 310, plus 19.00% of excess over $ 2000 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 690, plus 21.00% of excess over $ 4000 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1110, plus 24.00% of excess over $ 6000 19.29% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1590, plus 25.00% of excess over $ 8000 20.44% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2090, plus 27.00% of excess over $ 10000 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 2630, plus 29.00% of excess over $ 12000 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 3210, plus 31.00% of excess over $ 14000 23.47% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 3830, plus 34.00% of excess over $ 16000 24.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 4510, plus 36.00% of excess over $ 18000 25.63% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 5230, plus 38.00% of excess over $ 20000 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 5990, plus 40.00% of excess over $ 22000 28.29% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 7590, plus 45.00% of excess over $ 26000 30.83% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 10290, plus 50.00% of excess over $ 32000 33.69% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 13290, plus 55.00% of excess over $ 38000 36.44% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 16590, plus 60.00% of excess over $ 44000 39.13% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 20190, plus 62.00% of excess over $ 50000 42.35% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 26390, plus 64.00% of excess over $ 60000 45.52% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 32790, plus 66.00% of excess over $ 70000 48.12% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 39390, plus 68.00% of excess over $ 80000 50.34% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 46190, plus 69.00% of excess over $ 90000 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 53090, plus 70.00% of excess over $ 100000 53.09% <=> 70.00% effective overall tax rate as income goes to infinity1972 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 5.653885566 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 2827 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 2827 but not over $ 5654 $ 396, plus 15.00% of excess over $ 2827 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 5654 but not over $ 8481 $ 820, plus 16.00% of excess over $ 5654 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 8481 but not over $ 11308 $ 1272, plus 17.00% of excess over $ 8481 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 11308 but not over $ 22616 $ 1753, plus 19.00% of excess over $ 11308 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 22616 but not over $ 33923 $ 3901, plus 21.00% of excess over $ 22616 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 33923 but not over $ 45231 $ 6276, plus 24.00% of excess over $ 33923 19.29% effective overall tax rate(computed on tax on middle of income range) Over $ 45231 but not over $ 56539 $ 8990, plus 25.00% of excess over $ 45231 20.44% effective overall tax rate(computed on tax on middle of income range) Over $ 56539 but not over $ 67847 $ 11817, plus 27.00% of excess over $ 56539 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 67847 but not over $ 79154 $ 14870, plus 29.00% of excess over $ 67847 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 79154 but not over $ 90462 $ 18149, plus 31.00% of excess over $ 79154 23.47% effective overall tax rate(computed on tax on middle of income range) Over $ 90462 but not over $ 101770 $ 21654, plus 34.00% of excess over $ 90462 24.53% effective overall tax rate(computed on tax on middle of income range) Over $ 101770 but not over $ 113078 $ 25499, plus 36.00% of excess over $ 101770 25.63% effective overall tax rate(computed on tax on middle of income range) Over $ 113078 but not over $ 124385 $ 29570, plus 38.00% of excess over $ 113078 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 124385 but not over $ 147001 $ 33867, plus 40.00% of excess over $ 124385 28.29% effective overall tax rate(computed on tax on middle of income range) Over $ 147001 but not over $ 180924 $ 42913, plus 45.00% of excess over $ 147001 30.83% effective overall tax rate(computed on tax on middle of income range) Over $ 180924 but not over $ 214848 $ 58178, plus 50.00% of excess over $ 180924 33.69% effective overall tax rate(computed on tax on middle of income range) Over $ 214848 but not over $ 248771 $ 75140, plus 55.00% of excess over $ 214848 36.44% effective overall tax rate(computed on tax on middle of income range) Over $ 248771 but not over $ 282694 $ 93798, plus 60.00% of excess over $ 248771 39.13% effective overall tax rate(computed on tax on middle of income range) Over $ 282694 but not over $ 339233 $ 114152, plus 62.00% of excess over $ 282694 42.35% effective overall tax rate(computed on tax on middle of income range) Over $ 339233 but not over $ 395772 $ 149206, plus 64.00% of excess over $ 339233 45.52% effective overall tax rate(computed on tax on middle of income range) Over $ 395772 but not over $ 452311 $ 185391, plus 66.00% of excess over $ 395772 48.12% effective overall tax rate(computed on tax on middle of income range) Over $ 452311 but not over $ 508850 $ 222707, plus 68.00% of excess over $ 452311 50.34% effective overall tax rate(computed on tax on middle of income range) Over $ 508850 but not over $ 565389 $ 261153, plus 69.00% of excess over $ 508850 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 565389 ........................ $ 300165, plus 70.00% of excess over $ 565389 53.09% <=> 70.00% effective overall tax rate as income goes to infinity
1972 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1530 2000 percentage of taxable income= 15.30% for tax year 1972 percentage of 1954 taxes 76.52% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3404 4049 percentage of taxable income= 17.02% for tax year 1972 percentage of 1954 taxes 84.08% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5452 6249 percentage of taxable income= 18.17% for tax year 1972 percentage of 1954 taxes 87.25% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 7734 8643 percentage of taxable income= 19.34% for tax year 1972 percentage of 1954 taxes 89.49% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10182 11243 percentage of taxable income= 20.36% for tax year 1972 percentage of 1954 taxes 90.56% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12751 14134 percentage of taxable income= 21.25% for tax year 1972 percentage of 1954 taxes 90.21% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15494 17134 percentage of taxable income= 22.13% for tax year 1972 percentage of 1954 taxes 90.43% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 18411 20523 percentage of taxable income= 23.01% for tax year 1972 percentage of 1954 taxes 89.71% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 21511 24009 percentage of taxable income= 23.90% for tax year 1972 percentage of 1954 taxes 89.60% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 24897 27809 percentage of taxable income= 24.90% for tax year 1972 percentage of 1954 taxes 89.53% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 44263 50400 percentage of taxable income= 29.51% for tax year 1972 percentage of 1954 taxes 87.82% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 67716 77586 percentage of taxable income= 33.86% for tax year 1972 percentage of 1954 taxes 87.28% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 94535 107734 percentage of taxable income= 37.81% for tax year 1972 percentage of 1954 taxes 87.75% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 124881 139299 percentage of taxable income= 41.63% for tax year 1972 percentage of 1954 taxes 89.65% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 156097 172445 percentage of taxable income= 44.60% for tax year 1972 percentage of 1954 taxes 90.52% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 188181 207348 percentage of taxable income= 47.05% for tax year 1972 percentage of 1954 taxes 90.76% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 221181 243670 percentage of taxable income= 49.15% for tax year 1972 percentage of 1954 taxes 90.77% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 255135 281170 percentage of taxable income= 51.03% for tax year 1972 percentage of 1954 taxes 90.74% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 324393 358356 percentage of taxable income= 54.07% for tax year 1972 percentage of 1954 taxes 90.52% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 394393 438906 percentage of taxable income= 56.34% for tax year 1972 percentage of 1954 taxes 89.86% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 464393 523100 percentage of taxable income= 58.05% for tax year 1972 percentage of 1954 taxes 88.78% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 534393 610528 percentage of taxable income= 59.38% for tax year 1972 percentage of 1954 taxes 87.53% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 604393 699528 percentage of taxable income= 60.44% for tax year 1972 percentage of 1954 taxes 86.40%
Not over $ 500 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 500 but not over $ 1000 $ 70, plus 15.00% of excess over $ 500 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 1000 but not over $ 1500 $ 145, plus 16.00% of excess over $ 1000 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 1500 but not over $ 2000 $ 225, plus 17.00% of excess over $ 1500 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 2000 but not over $ 4000 $ 310, plus 19.00% of excess over $ 2000 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 690, plus 21.00% of excess over $ 4000 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1110, plus 24.00% of excess over $ 6000 19.29% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1590, plus 25.00% of excess over $ 8000 20.44% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2090, plus 27.00% of excess over $ 10000 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 2630, plus 29.00% of excess over $ 12000 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 3210, plus 31.00% of excess over $ 14000 23.47% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 3830, plus 34.00% of excess over $ 16000 24.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 4510, plus 36.00% of excess over $ 18000 25.63% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 5230, plus 38.00% of excess over $ 20000 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 5990, plus 40.00% of excess over $ 22000 28.29% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 7590, plus 45.00% of excess over $ 26000 30.83% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 10290, plus 50.00% of excess over $ 32000 33.69% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 13290, plus 55.00% of excess over $ 38000 36.44% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 16590, plus 60.00% of excess over $ 44000 39.13% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 20190, plus 62.00% of excess over $ 50000 42.35% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 26390, plus 64.00% of excess over $ 60000 45.52% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 32790, plus 66.00% of excess over $ 70000 48.12% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 39390, plus 68.00% of excess over $ 80000 50.34% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 46190, plus 69.00% of excess over $ 90000 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 53090, plus 70.00% of excess over $ 100000 53.09% <=> 70.00% effective overall tax rate as income goes to infinity1973 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 5.322802177 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 2661 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 2661 but not over $ 5323 $ 373, plus 15.00% of excess over $ 2661 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 5323 but not over $ 7984 $ 772, plus 16.00% of excess over $ 5323 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 7984 but not over $ 10646 $ 1198, plus 17.00% of excess over $ 7984 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 10646 but not over $ 21291 $ 1650, plus 19.00% of excess over $ 10646 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 21291 but not over $ 31937 $ 3673, plus 21.00% of excess over $ 21291 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 31937 but not over $ 42582 $ 5908, plus 24.00% of excess over $ 31937 19.29% effective overall tax rate(computed on tax on middle of income range) Over $ 42582 but not over $ 53228 $ 8463, plus 25.00% of excess over $ 42582 20.44% effective overall tax rate(computed on tax on middle of income range) Over $ 53228 but not over $ 63874 $ 11125, plus 27.00% of excess over $ 53228 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 63874 but not over $ 74519 $ 13999, plus 29.00% of excess over $ 63874 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 74519 but not over $ 85165 $ 17086, plus 31.00% of excess over $ 74519 23.47% effective overall tax rate(computed on tax on middle of income range) Over $ 85165 but not over $ 95810 $ 20386, plus 34.00% of excess over $ 85165 24.53% effective overall tax rate(computed on tax on middle of income range) Over $ 95810 but not over $ 106456 $ 24006, plus 36.00% of excess over $ 95810 25.63% effective overall tax rate(computed on tax on middle of income range) Over $ 106456 but not over $ 117102 $ 27838, plus 38.00% of excess over $ 106456 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 117102 but not over $ 138393 $ 31884, plus 40.00% of excess over $ 117102 28.29% effective overall tax rate(computed on tax on middle of income range) Over $ 138393 but not over $ 170330 $ 40400, plus 45.00% of excess over $ 138393 30.83% effective overall tax rate(computed on tax on middle of income range) Over $ 170330 but not over $ 202266 $ 54772, plus 50.00% of excess over $ 170330 33.69% effective overall tax rate(computed on tax on middle of income range) Over $ 202266 but not over $ 234203 $ 70740, plus 55.00% of excess over $ 202266 36.44% effective overall tax rate(computed on tax on middle of income range) Over $ 234203 but not over $ 266140 $ 88305, plus 60.00% of excess over $ 234203 39.13% effective overall tax rate(computed on tax on middle of income range) Over $ 266140 but not over $ 319368 $ 107467, plus 62.00% of excess over $ 266140 42.35% effective overall tax rate(computed on tax on middle of income range) Over $ 319368 but not over $ 372596 $ 140469, plus 64.00% of excess over $ 319368 45.52% effective overall tax rate(computed on tax on middle of income range) Over $ 372596 but not over $ 425824 $ 174535, plus 66.00% of excess over $ 372596 48.12% effective overall tax rate(computed on tax on middle of income range) Over $ 425824 but not over $ 479052 $ 209665, plus 68.00% of excess over $ 425824 50.34% effective overall tax rate(computed on tax on middle of income range) Over $ 479052 but not over $ 532280 $ 245860, plus 69.00% of excess over $ 479052 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 532280 ........................ $ 282588, plus 70.00% of excess over $ 532280 53.09% <=> 70.00% effective overall tax rate as income goes to infinity
1973 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1540 2000 percentage of taxable income= 15.40% for tax year 1973 percentage of 1954 taxes 77.02% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3427 4049 percentage of taxable income= 17.14% for tax year 1973 percentage of 1954 taxes 84.66% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5502 6249 percentage of taxable income= 18.34% for tax year 1973 percentage of 1954 taxes 88.05% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 7843 8643 percentage of taxable income= 19.61% for tax year 1973 percentage of 1954 taxes 90.75% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10318 11243 percentage of taxable income= 20.64% for tax year 1973 percentage of 1954 taxes 91.77% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12953 14134 percentage of taxable income= 21.59% for tax year 1973 percentage of 1954 taxes 91.64% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15776 17134 percentage of taxable income= 22.54% for tax year 1973 percentage of 1954 taxes 92.07% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 18785 20523 percentage of taxable income= 23.48% for tax year 1973 percentage of 1954 taxes 91.53% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 22030 24009 percentage of taxable income= 24.48% for tax year 1973 percentage of 1954 taxes 91.76% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 25514 27809 percentage of taxable income= 25.51% for tax year 1973 percentage of 1954 taxes 91.75% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 45623 50400 percentage of taxable income= 30.42% for tax year 1973 percentage of 1954 taxes 90.52% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 69607 77586 percentage of taxable income= 34.80% for tax year 1973 percentage of 1954 taxes 89.72% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 97783 107734 percentage of taxable income= 39.11% for tax year 1973 percentage of 1954 taxes 90.76% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 128461 139299 percentage of taxable income= 42.82% for tax year 1973 percentage of 1954 taxes 92.22% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 160073 172445 percentage of taxable income= 45.74% for tax year 1973 percentage of 1954 taxes 92.83% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 192621 207348 percentage of taxable income= 48.16% for tax year 1973 percentage of 1954 taxes 92.90% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 226105 243670 percentage of taxable income= 50.25% for tax year 1973 percentage of 1954 taxes 92.79% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 260314 281170 percentage of taxable income= 52.06% for tax year 1973 percentage of 1954 taxes 92.58% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 329991 358356 percentage of taxable income= 55.00% for tax year 1973 percentage of 1954 taxes 92.08% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 399991 438906 percentage of taxable income= 57.14% for tax year 1973 percentage of 1954 taxes 91.13% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 469991 523100 percentage of taxable income= 58.75% for tax year 1973 percentage of 1954 taxes 89.85% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 539991 610528 percentage of taxable income= 60.00% for tax year 1973 percentage of 1954 taxes 88.45% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 609991 699528 percentage of taxable income= 61.00% for tax year 1973 percentage of 1954 taxes 87.20%
Not over $ 500 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 500 but not over $ 1000 $ 70, plus 15.00% of excess over $ 500 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 1000 but not over $ 1500 $ 145, plus 16.00% of excess over $ 1000 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 1500 but not over $ 2000 $ 225, plus 17.00% of excess over $ 1500 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 2000 but not over $ 4000 $ 310, plus 19.00% of excess over $ 2000 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 690, plus 21.00% of excess over $ 4000 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1110, plus 24.00% of excess over $ 6000 19.29% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1590, plus 25.00% of excess over $ 8000 20.44% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2090, plus 27.00% of excess over $ 10000 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 2630, plus 29.00% of excess over $ 12000 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 3210, plus 31.00% of excess over $ 14000 23.47% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 3830, plus 34.00% of excess over $ 16000 24.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 4510, plus 36.00% of excess over $ 18000 25.63% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 5230, plus 38.00% of excess over $ 20000 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 5990, plus 40.00% of excess over $ 22000 28.29% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 7590, plus 45.00% of excess over $ 26000 30.83% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 10290, plus 50.00% of excess over $ 32000 33.69% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 13290, plus 55.00% of excess over $ 38000 36.44% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 16590, plus 60.00% of excess over $ 44000 39.13% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 20190, plus 62.00% of excess over $ 50000 42.35% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 26390, plus 64.00% of excess over $ 60000 45.52% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 32790, plus 66.00% of excess over $ 70000 48.12% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 39390, plus 68.00% of excess over $ 80000 50.34% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 46190, plus 69.00% of excess over $ 90000 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 53090, plus 70.00% of excess over $ 100000 53.09% <=> 70.00% effective overall tax rate as income goes to infinity1974 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 4.793760987 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 2397 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 2397 but not over $ 4794 $ 336, plus 15.00% of excess over $ 2397 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 4794 but not over $ 7191 $ 695, plus 16.00% of excess over $ 4794 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 7191 but not over $ 9588 $ 1079, plus 17.00% of excess over $ 7191 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 9588 but not over $ 19175 $ 1486, plus 19.00% of excess over $ 9588 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 19175 but not over $ 28763 $ 3308, plus 21.00% of excess over $ 19175 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 28763 but not over $ 38350 $ 5321, plus 24.00% of excess over $ 28763 19.29% effective overall tax rate(computed on tax on middle of income range) Over $ 38350 but not over $ 47938 $ 7622, plus 25.00% of excess over $ 38350 20.44% effective overall tax rate(computed on tax on middle of income range) Over $ 47938 but not over $ 57525 $ 10019, plus 27.00% of excess over $ 47938 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 57525 but not over $ 67113 $ 12608, plus 29.00% of excess over $ 57525 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 67113 but not over $ 76700 $ 15388, plus 31.00% of excess over $ 67113 23.47% effective overall tax rate(computed on tax on middle of income range) Over $ 76700 but not over $ 86288 $ 18360, plus 34.00% of excess over $ 76700 24.53% effective overall tax rate(computed on tax on middle of income range) Over $ 86288 but not over $ 95875 $ 21620, plus 36.00% of excess over $ 86288 25.63% effective overall tax rate(computed on tax on middle of income range) Over $ 95875 but not over $ 105463 $ 25071, plus 38.00% of excess over $ 95875 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 105463 but not over $ 124638 $ 28715, plus 40.00% of excess over $ 105463 28.29% effective overall tax rate(computed on tax on middle of income range) Over $ 124638 but not over $ 153400 $ 36385, plus 45.00% of excess over $ 124638 30.83% effective overall tax rate(computed on tax on middle of income range) Over $ 153400 but not over $ 182163 $ 49328, plus 50.00% of excess over $ 153400 33.69% effective overall tax rate(computed on tax on middle of income range) Over $ 182163 but not over $ 210925 $ 63709, plus 55.00% of excess over $ 182163 36.44% effective overall tax rate(computed on tax on middle of income range) Over $ 210925 but not over $ 239688 $ 79528, plus 60.00% of excess over $ 210925 39.13% effective overall tax rate(computed on tax on middle of income range) Over $ 239688 but not over $ 287626 $ 96786, plus 62.00% of excess over $ 239688 42.35% effective overall tax rate(computed on tax on middle of income range) Over $ 287626 but not over $ 335563 $ 126507, plus 64.00% of excess over $ 287626 45.52% effective overall tax rate(computed on tax on middle of income range) Over $ 335563 but not over $ 383501 $ 157187, plus 66.00% of excess over $ 335563 48.12% effective overall tax rate(computed on tax on middle of income range) Over $ 383501 but not over $ 431438 $ 188826, plus 68.00% of excess over $ 383501 50.34% effective overall tax rate(computed on tax on middle of income range) Over $ 431438 but not over $ 479376 $ 221424, plus 69.00% of excess over $ 431438 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 479376 ........................ $ 254501, plus 70.00% of excess over $ 479376 53.09% <=> 70.00% effective overall tax rate as income goes to infinity
1974 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1564 2000 percentage of taxable income= 15.64% for tax year 1974 percentage of 1954 taxes 78.22% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3481 4049 percentage of taxable income= 17.40% for tax year 1974 percentage of 1954 taxes 85.98% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5618 6249 percentage of taxable income= 18.73% for tax year 1974 percentage of 1954 taxes 89.91% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8035 8643 percentage of taxable income= 20.09% for tax year 1974 percentage of 1954 taxes 92.96% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10576 11243 percentage of taxable income= 21.15% for tax year 1974 percentage of 1954 taxes 94.07% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 13325 14134 percentage of taxable income= 22.21% for tax year 1974 percentage of 1954 taxes 94.28% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 16283 17134 percentage of taxable income= 23.26% for tax year 1974 percentage of 1954 taxes 95.03% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 19482 20523 percentage of taxable income= 24.35% for tax year 1974 percentage of 1954 taxes 94.93% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 22956 24009 percentage of taxable income= 25.51% for tax year 1974 percentage of 1954 taxes 95.62% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 26639 27809 percentage of taxable income= 26.64% for tax year 1974 percentage of 1954 taxes 95.79% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 47798 50400 percentage of taxable income= 31.87% for tax year 1974 percentage of 1954 taxes 94.84% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 73519 77586 percentage of taxable income= 36.76% for tax year 1974 percentage of 1954 taxes 94.76% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 103179 107734 percentage of taxable income= 41.27% for tax year 1974 percentage of 1954 taxes 95.77% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 134427 139299 percentage of taxable income= 44.81% for tax year 1974 percentage of 1954 taxes 96.50% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 166716 172445 percentage of taxable income= 47.63% for tax year 1974 percentage of 1954 taxes 96.68% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 200046 207348 percentage of taxable income= 50.01% for tax year 1974 percentage of 1954 taxes 96.48% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 234231 243670 percentage of taxable income= 52.05% for tax year 1974 percentage of 1954 taxes 96.13% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 268938 281170 percentage of taxable income= 53.79% for tax year 1974 percentage of 1954 taxes 95.65% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 338938 358356 percentage of taxable income= 56.49% for tax year 1974 percentage of 1954 taxes 94.58% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 408938 438906 percentage of taxable income= 58.42% for tax year 1974 percentage of 1954 taxes 93.17% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 478938 523100 percentage of taxable income= 59.87% for tax year 1974 percentage of 1954 taxes 91.56% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 548938 610528 percentage of taxable income= 60.99% for tax year 1974 percentage of 1954 taxes 89.91% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 618938 699528 percentage of taxable income= 61.89% for tax year 1974 percentage of 1954 taxes 88.48%
Not over $ 500 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 500 but not over $ 1000 $ 70, plus 15.00% of excess over $ 500 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 1000 but not over $ 1500 $ 145, plus 16.00% of excess over $ 1000 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 1500 but not over $ 2000 $ 225, plus 17.00% of excess over $ 1500 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 2000 but not over $ 4000 $ 310, plus 19.00% of excess over $ 2000 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 690, plus 21.00% of excess over $ 4000 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1110, plus 24.00% of excess over $ 6000 19.29% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1590, plus 25.00% of excess over $ 8000 20.44% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2090, plus 27.00% of excess over $ 10000 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 2630, plus 29.00% of excess over $ 12000 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 3210, plus 31.00% of excess over $ 14000 23.47% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 3830, plus 34.00% of excess over $ 16000 24.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 4510, plus 36.00% of excess over $ 18000 25.63% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 5230, plus 38.00% of excess over $ 20000 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 5990, plus 40.00% of excess over $ 22000 28.29% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 7590, plus 45.00% of excess over $ 26000 30.83% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 10290, plus 50.00% of excess over $ 32000 33.69% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 13290, plus 55.00% of excess over $ 38000 36.44% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 16590, plus 60.00% of excess over $ 44000 39.13% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 20190, plus 62.00% of excess over $ 50000 42.35% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 26390, plus 64.00% of excess over $ 60000 45.52% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 32790, plus 66.00% of excess over $ 70000 48.12% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 39390, plus 68.00% of excess over $ 80000 50.34% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 46190, plus 69.00% of excess over $ 90000 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 53090, plus 70.00% of excess over $ 100000 53.09% <=> 70.00% effective overall tax rate as income goes to infinity1975 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 4.392795849 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 2196 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 2196 but not over $ 4393 $ 307, plus 15.00% of excess over $ 2196 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 4393 but not over $ 6589 $ 637, plus 16.00% of excess over $ 4393 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 6589 but not over $ 8786 $ 988, plus 17.00% of excess over $ 6589 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 8786 but not over $ 17571 $ 1362, plus 19.00% of excess over $ 8786 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 17571 but not over $ 26357 $ 3031, plus 21.00% of excess over $ 17571 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 26357 but not over $ 35142 $ 4876, plus 24.00% of excess over $ 26357 19.29% effective overall tax rate(computed on tax on middle of income range) Over $ 35142 but not over $ 43928 $ 6985, plus 25.00% of excess over $ 35142 20.44% effective overall tax rate(computed on tax on middle of income range) Over $ 43928 but not over $ 52714 $ 9181, plus 27.00% of excess over $ 43928 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 52714 but not over $ 61499 $ 11553, plus 29.00% of excess over $ 52714 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 61499 but not over $ 70285 $ 14101, plus 31.00% of excess over $ 61499 23.47% effective overall tax rate(computed on tax on middle of income range) Over $ 70285 but not over $ 79070 $ 16824, plus 34.00% of excess over $ 70285 24.53% effective overall tax rate(computed on tax on middle of income range) Over $ 79070 but not over $ 87856 $ 19812, plus 36.00% of excess over $ 79070 25.63% effective overall tax rate(computed on tax on middle of income range) Over $ 87856 but not over $ 96642 $ 22974, plus 38.00% of excess over $ 87856 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 96642 but not over $ 114213 $ 26313, plus 40.00% of excess over $ 96642 28.29% effective overall tax rate(computed on tax on middle of income range) Over $ 114213 but not over $ 140569 $ 33341, plus 45.00% of excess over $ 114213 30.83% effective overall tax rate(computed on tax on middle of income range) Over $ 140569 but not over $ 166926 $ 45202, plus 50.00% of excess over $ 140569 33.69% effective overall tax rate(computed on tax on middle of income range) Over $ 166926 but not over $ 193283 $ 58380, plus 55.00% of excess over $ 166926 36.44% effective overall tax rate(computed on tax on middle of income range) Over $ 193283 but not over $ 219640 $ 72876, plus 60.00% of excess over $ 193283 39.13% effective overall tax rate(computed on tax on middle of income range) Over $ 219640 but not over $ 263568 $ 88691, plus 62.00% of excess over $ 219640 42.35% effective overall tax rate(computed on tax on middle of income range) Over $ 263568 but not over $ 307496 $ 115926, plus 64.00% of excess over $ 263568 45.52% effective overall tax rate(computed on tax on middle of income range) Over $ 307496 but not over $ 351424 $ 144040, plus 66.00% of excess over $ 307496 48.12% effective overall tax rate(computed on tax on middle of income range) Over $ 351424 but not over $ 395352 $ 173032, plus 68.00% of excess over $ 351424 50.34% effective overall tax rate(computed on tax on middle of income range) Over $ 395352 but not over $ 439280 $ 202903, plus 69.00% of excess over $ 395352 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 439280 ........................ $ 233214, plus 70.00% of excess over $ 439280 53.09% <=> 70.00% effective overall tax rate as income goes to infinity
1975 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1593 2000 percentage of taxable income= 15.93% for tax year 1975 percentage of 1954 taxes 79.63% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3541 4049 percentage of taxable income= 17.71% for tax year 1975 percentage of 1954 taxes 87.46% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5750 6249 percentage of taxable income= 19.17% for tax year 1975 percentage of 1954 taxes 92.03% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8199 8643 percentage of taxable income= 20.50% for tax year 1975 percentage of 1954 taxes 94.86% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10820 11243 percentage of taxable income= 21.64% for tax year 1975 percentage of 1954 taxes 96.24% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 13666 14134 percentage of taxable income= 22.78% for tax year 1975 percentage of 1954 taxes 96.69% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 16736 17134 percentage of taxable income= 23.91% for tax year 1975 percentage of 1954 taxes 97.68% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 20146 20523 percentage of taxable income= 25.18% for tax year 1975 percentage of 1954 taxes 98.16% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 23789 24009 percentage of taxable income= 26.43% for tax year 1975 percentage of 1954 taxes 99.09% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 27656 27809 percentage of taxable income= 27.66% for tax year 1975 percentage of 1954 taxes 99.45% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 49917 50400 percentage of taxable income= 33.28% for tax year 1975 percentage of 1954 taxes 99.04% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 76907 77586 percentage of taxable income= 38.45% for tax year 1975 percentage of 1954 taxes 99.12% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 107514 107734 percentage of taxable income= 43.01% for tax year 1975 percentage of 1954 taxes 99.80% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 139243 139299 percentage of taxable income= 46.41% for tax year 1975 percentage of 1954 taxes 99.96% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 172093 172445 percentage of taxable income= 49.17% for tax year 1975 percentage of 1954 taxes 99.80% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 206111 207348 percentage of taxable income= 51.53% for tax year 1975 percentage of 1954 taxes 99.40% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 240718 243670 percentage of taxable income= 53.49% for tax year 1975 percentage of 1954 taxes 98.79% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 275718 281170 percentage of taxable income= 55.14% for tax year 1975 percentage of 1954 taxes 98.06% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 345718 358356 percentage of taxable income= 57.62% for tax year 1975 percentage of 1954 taxes 96.47% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 415718 438906 percentage of taxable income= 59.39% for tax year 1975 percentage of 1954 taxes 94.72% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 485718 523100 percentage of taxable income= 60.71% for tax year 1975 percentage of 1954 taxes 92.85% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 555718 610528 percentage of taxable income= 61.75% for tax year 1975 percentage of 1954 taxes 91.02% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 625718 699528 percentage of taxable income= 62.57% for tax year 1975 percentage of 1954 taxes 89.45%
Not over $ 500 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 500 but not over $ 1000 $ 70, plus 15.00% of excess over $ 500 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 1000 but not over $ 1500 $ 145, plus 16.00% of excess over $ 1000 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 1500 but not over $ 2000 $ 225, plus 17.00% of excess over $ 1500 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 2000 but not over $ 4000 $ 310, plus 19.00% of excess over $ 2000 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 4000 but not over $ 6000 $ 690, plus 21.00% of excess over $ 4000 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 6000 but not over $ 8000 $ 1110, plus 24.00% of excess over $ 6000 19.29% effective overall tax rate(computed on tax on middle of income range) Over $ 8000 but not over $ 10000 $ 1590, plus 25.00% of excess over $ 8000 20.44% effective overall tax rate(computed on tax on middle of income range) Over $ 10000 but not over $ 12000 $ 2090, plus 27.00% of excess over $ 10000 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 12000 but not over $ 14000 $ 2630, plus 29.00% of excess over $ 12000 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 14000 but not over $ 16000 $ 3210, plus 31.00% of excess over $ 14000 23.47% effective overall tax rate(computed on tax on middle of income range) Over $ 16000 but not over $ 18000 $ 3830, plus 34.00% of excess over $ 16000 24.53% effective overall tax rate(computed on tax on middle of income range) Over $ 18000 but not over $ 20000 $ 4510, plus 36.00% of excess over $ 18000 25.63% effective overall tax rate(computed on tax on middle of income range) Over $ 20000 but not over $ 22000 $ 5230, plus 38.00% of excess over $ 20000 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 22000 but not over $ 26000 $ 5990, plus 40.00% of excess over $ 22000 28.29% effective overall tax rate(computed on tax on middle of income range) Over $ 26000 but not over $ 32000 $ 7590, plus 45.00% of excess over $ 26000 30.83% effective overall tax rate(computed on tax on middle of income range) Over $ 32000 but not over $ 38000 $ 10290, plus 50.00% of excess over $ 32000 33.69% effective overall tax rate(computed on tax on middle of income range) Over $ 38000 but not over $ 44000 $ 13290, plus 55.00% of excess over $ 38000 36.44% effective overall tax rate(computed on tax on middle of income range) Over $ 44000 but not over $ 50000 $ 16590, plus 60.00% of excess over $ 44000 39.13% effective overall tax rate(computed on tax on middle of income range) Over $ 50000 but not over $ 60000 $ 20190, plus 62.00% of excess over $ 50000 42.35% effective overall tax rate(computed on tax on middle of income range) Over $ 60000 but not over $ 70000 $ 26390, plus 64.00% of excess over $ 60000 45.52% effective overall tax rate(computed on tax on middle of income range) Over $ 70000 but not over $ 80000 $ 32790, plus 66.00% of excess over $ 70000 48.12% effective overall tax rate(computed on tax on middle of income range) Over $ 80000 but not over $ 90000 $ 39390, plus 68.00% of excess over $ 80000 50.34% effective overall tax rate(computed on tax on middle of income range) Over $ 90000 but not over $ 100000 $ 46190, plus 69.00% of excess over $ 90000 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 100000 ........................ $ 53090, plus 70.00% of excess over $ 100000 53.09% <=> 70.00% effective overall tax rate as income goes to infinity1976 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 4.153469537 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 2077 ................................... 14.00% of the taxable income 14.00% effective overall tax rate Over $ 2077 but not over $ 4153 $ 291, plus 15.00% of excess over $ 2077 14.33% effective overall tax rate(computed on tax on middle of income range) Over $ 4153 but not over $ 6230 $ 602, plus 16.00% of excess over $ 4153 14.80% effective overall tax rate(computed on tax on middle of income range) Over $ 6230 but not over $ 8307 $ 935, plus 17.00% of excess over $ 6230 15.29% effective overall tax rate(computed on tax on middle of income range) Over $ 8307 but not over $ 16614 $ 1288, plus 19.00% of excess over $ 8307 16.67% effective overall tax rate(computed on tax on middle of income range) Over $ 16614 but not over $ 24921 $ 2866, plus 21.00% of excess over $ 16614 18.00% effective overall tax rate(computed on tax on middle of income range) Over $ 24921 but not over $ 33228 $ 4610, plus 24.00% of excess over $ 24921 19.29% effective overall tax rate(computed on tax on middle of income range) Over $ 33228 but not over $ 41535 $ 6604, plus 25.00% of excess over $ 33228 20.44% effective overall tax rate(computed on tax on middle of income range) Over $ 41535 but not over $ 49842 $ 8681, plus 27.00% of excess over $ 41535 21.45% effective overall tax rate(computed on tax on middle of income range) Over $ 49842 but not over $ 58149 $ 10924, plus 29.00% of excess over $ 49842 22.46% effective overall tax rate(computed on tax on middle of income range) Over $ 58149 but not over $ 66456 $ 13333, plus 31.00% of excess over $ 58149 23.47% effective overall tax rate(computed on tax on middle of income range) Over $ 66456 but not over $ 74762 $ 15908, plus 34.00% of excess over $ 66456 24.53% effective overall tax rate(computed on tax on middle of income range) Over $ 74762 but not over $ 83069 $ 18732, plus 36.00% of excess over $ 74762 25.63% effective overall tax rate(computed on tax on middle of income range) Over $ 83069 but not over $ 91376 $ 21723, plus 38.00% of excess over $ 83069 26.71% effective overall tax rate(computed on tax on middle of income range) Over $ 91376 but not over $ 107990 $ 24879, plus 40.00% of excess over $ 91376 28.29% effective overall tax rate(computed on tax on middle of income range) Over $ 107990 but not over $ 132911 $ 31525, plus 45.00% of excess over $ 107990 30.83% effective overall tax rate(computed on tax on middle of income range) Over $ 132911 but not over $ 157832 $ 42739, plus 50.00% of excess over $ 132911 33.69% effective overall tax rate(computed on tax on middle of income range) Over $ 157832 but not over $ 182753 $ 55200, plus 55.00% of excess over $ 157832 36.44% effective overall tax rate(computed on tax on middle of income range) Over $ 182753 but not over $ 207673 $ 68906, plus 60.00% of excess over $ 182753 39.13% effective overall tax rate(computed on tax on middle of income range) Over $ 207673 but not over $ 249208 $ 83859, plus 62.00% of excess over $ 207673 42.35% effective overall tax rate(computed on tax on middle of income range) Over $ 249208 but not over $ 290743 $ 109610, plus 64.00% of excess over $ 249208 45.52% effective overall tax rate(computed on tax on middle of income range) Over $ 290743 but not over $ 332278 $ 136192, plus 66.00% of excess over $ 290743 48.12% effective overall tax rate(computed on tax on middle of income range) Over $ 332278 but not over $ 373812 $ 163605, plus 68.00% of excess over $ 332278 50.34% effective overall tax rate(computed on tax on middle of income range) Over $ 373812 but not over $ 415347 $ 191849, plus 69.00% of excess over $ 373812 52.25% effective overall tax rate(computed on tax on middle of income range) Over $ 415347 ........................ $ 220508, plus 70.00% of excess over $ 415347 53.09% <=> 70.00% effective overall tax rate as income goes to infinity
1976 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1609 2000 percentage of taxable income= 16.09% for tax year 1976 percentage of 1954 taxes 80.46% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3577 4049 percentage of taxable income= 17.88% for tax year 1976 percentage of 1954 taxes 88.35% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 5829 6249 percentage of taxable income= 19.43% for tax year 1976 percentage of 1954 taxes 93.29% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 8297 8643 percentage of taxable income= 20.74% for tax year 1976 percentage of 1954 taxes 96.00% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10970 11243 percentage of taxable income= 21.94% for tax year 1976 percentage of 1954 taxes 97.57% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 13907 14134 percentage of taxable income= 23.18% for tax year 1976 percentage of 1954 taxes 98.39% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17113 17134 percentage of taxable income= 24.45% for tax year 1976 percentage of 1954 taxes 99.87% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 20618 20523 percentage of taxable income= 25.77% for tax year 1976 percentage of 1954 taxes 100.46% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 24356 24009 percentage of taxable income= 27.06% for tax year 1976 percentage of 1954 taxes 101.45% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 28329 27809 percentage of taxable income= 28.33% for tax year 1976 percentage of 1954 taxes 101.87% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 51284 50400 percentage of taxable income= 34.19% for tax year 1976 percentage of 1954 taxes 101.75% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 79254 77586 percentage of taxable income= 39.63% for tax year 1976 percentage of 1954 taxes 102.15% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 110117 107734 percentage of taxable income= 44.05% for tax year 1976 percentage of 1954 taxes 102.21% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 142302 139299 percentage of taxable income= 47.43% for tax year 1976 percentage of 1954 taxes 102.16% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 175656 172445 percentage of taxable income= 50.19% for tax year 1976 percentage of 1954 taxes 101.86% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 209918 207348 percentage of taxable income= 52.48% for tax year 1976 percentage of 1954 taxes 101.24% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 244765 243670 percentage of taxable income= 54.39% for tax year 1976 percentage of 1954 taxes 100.45% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 279765 281170 percentage of taxable income= 55.95% for tax year 1976 percentage of 1954 taxes 99.50% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 349765 358356 percentage of taxable income= 58.29% for tax year 1976 percentage of 1954 taxes 97.60% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 419765 438906 percentage of taxable income= 59.97% for tax year 1976 percentage of 1954 taxes 95.64% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 489765 523100 percentage of taxable income= 61.22% for tax year 1976 percentage of 1954 taxes 93.63% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 559765 610528 percentage of taxable income= 62.20% for tax year 1976 percentage of 1954 taxes 91.69% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 629765 699528 percentage of taxable income= 62.98% for tax year 1976 percentage of 1954 taxes 90.03%
Not over $ 2200 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 2200 but not over $ 2700 $ 0, plus 14.00% of excess over $ 2200 1.43% effective overall tax rate(computed on tax on middle of income range) Over $ 2700 but not over $ 3200 $ 70, plus 15.00% of excess over $ 2700 3.64% effective overall tax rate(computed on tax on middle of income range) Over $ 3200 but not over $ 3700 $ 145, plus 16.00% of excess over $ 3200 5.36% effective overall tax rate(computed on tax on middle of income range) Over $ 3700 but not over $ 4200 $ 225, plus 17.00% of excess over $ 3700 6.77% effective overall tax rate(computed on tax on middle of income range) Over $ 4200 but not over $ 6200 $ 310, plus 19.00% of excess over $ 4200 9.62% effective overall tax rate(computed on tax on middle of income range) Over $ 6200 but not over $ 8200 $ 690, plus 21.00% of excess over $ 6200 12.50% effective overall tax rate(computed on tax on middle of income range) Over $ 8200 but not over $ 10200 $ 1110, plus 24.00% of excess over $ 8200 14.67% effective overall tax rate(computed on tax on middle of income range) Over $ 10200 but not over $ 12200 $ 1590, plus 25.00% of excess over $ 10200 16.43% effective overall tax rate(computed on tax on middle of income range) Over $ 12200 but not over $ 14200 $ 2090, plus 27.00% of excess over $ 12200 17.88% effective overall tax rate(computed on tax on middle of income range) Over $ 14200 but not over $ 16200 $ 2630, plus 29.00% of excess over $ 14200 19.21% effective overall tax rate(computed on tax on middle of income range) Over $ 16200 but not over $ 18200 $ 3210, plus 31.00% of excess over $ 16200 20.47% effective overall tax rate(computed on tax on middle of income range) Over $ 18200 but not over $ 20200 $ 3830, plus 34.00% of excess over $ 18200 21.72% effective overall tax rate(computed on tax on middle of income range) Over $ 20200 but not over $ 22200 $ 4510, plus 36.00% of excess over $ 20200 22.97% effective overall tax rate(computed on tax on middle of income range) Over $ 22200 but not over $ 24200 $ 5230, plus 38.00% of excess over $ 22200 24.18% effective overall tax rate(computed on tax on middle of income range) Over $ 24200 but not over $ 28200 $ 5990, plus 40.00% of excess over $ 24200 25.92% effective overall tax rate(computed on tax on middle of income range) Over $ 28200 but not over $ 34200 $ 7590, plus 45.00% of excess over $ 28200 28.65% effective overall tax rate(computed on tax on middle of income range) Over $ 34200 but not over $ 40200 $ 10290, plus 50.00% of excess over $ 34200 31.69% effective overall tax rate(computed on tax on middle of income range) Over $ 40200 but not over $ 46200 $ 13290, plus 55.00% of excess over $ 40200 34.58% effective overall tax rate(computed on tax on middle of income range) Over $ 46200 but not over $ 52200 $ 16590, plus 60.00% of excess over $ 46200 37.38% effective overall tax rate(computed on tax on middle of income range) Over $ 52200 but not over $ 62200 $ 20190, plus 62.00% of excess over $ 52200 40.72% effective overall tax rate(computed on tax on middle of income range) Over $ 62200 but not over $ 72200 $ 26390, plus 64.00% of excess over $ 62200 44.03% effective overall tax rate(computed on tax on middle of income range) Over $ 72200 but not over $ 82200 $ 32790, plus 66.00% of excess over $ 72200 46.75% effective overall tax rate(computed on tax on middle of income range) Over $ 82200 but not over $ 92200 $ 39390, plus 68.00% of excess over $ 82200 49.07% effective overall tax rate(computed on tax on middle of income range) Over $ 92200 but not over $ 102200 $ 46190, plus 69.00% of excess over $ 92200 51.07% effective overall tax rate(computed on tax on middle of income range) Over $ 102200 ........................ $ 53090, plus 70.00% of excess over $ 102200 51.95% <=> 70.00% effective overall tax rate as income goes to infinity1977 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 3.899874863 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 8580 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 8580 but not over $ 10530 $ 0, plus 14.00% of excess over $ 8580 1.43% effective overall tax rate(computed on tax on middle of income range) Over $ 10530 but not over $ 12480 $ 273, plus 15.00% of excess over $ 10530 3.64% effective overall tax rate(computed on tax on middle of income range) Over $ 12480 but not over $ 14430 $ 565, plus 16.00% of excess over $ 12480 5.36% effective overall tax rate(computed on tax on middle of income range) Over $ 14430 but not over $ 16379 $ 877, plus 17.00% of excess over $ 14430 6.77% effective overall tax rate(computed on tax on middle of income range) Over $ 16379 but not over $ 24179 $ 1209, plus 19.00% of excess over $ 16379 9.62% effective overall tax rate(computed on tax on middle of income range) Over $ 24179 but not over $ 31979 $ 2691, plus 21.00% of excess over $ 24179 12.50% effective overall tax rate(computed on tax on middle of income range) Over $ 31979 but not over $ 39779 $ 4329, plus 24.00% of excess over $ 31979 14.67% effective overall tax rate(computed on tax on middle of income range) Over $ 39779 but not over $ 47578 $ 6201, plus 25.00% of excess over $ 39779 16.43% effective overall tax rate(computed on tax on middle of income range) Over $ 47578 but not over $ 55378 $ 8151, plus 27.00% of excess over $ 47578 17.88% effective overall tax rate(computed on tax on middle of income range) Over $ 55378 but not over $ 63178 $ 10257, plus 29.00% of excess over $ 55378 19.21% effective overall tax rate(computed on tax on middle of income range) Over $ 63178 but not over $ 70978 $ 12519, plus 31.00% of excess over $ 63178 20.47% effective overall tax rate(computed on tax on middle of income range) Over $ 70978 but not over $ 78777 $ 14937, plus 34.00% of excess over $ 70978 21.72% effective overall tax rate(computed on tax on middle of income range) Over $ 78777 but not over $ 86577 $ 17588, plus 36.00% of excess over $ 78777 22.97% effective overall tax rate(computed on tax on middle of income range) Over $ 86577 but not over $ 94377 $ 20396, plus 38.00% of excess over $ 86577 24.18% effective overall tax rate(computed on tax on middle of income range) Over $ 94377 but not over $ 109976 $ 23360, plus 40.00% of excess over $ 94377 25.92% effective overall tax rate(computed on tax on middle of income range) Over $ 109976 but not over $ 133376 $ 29600, plus 45.00% of excess over $ 109976 28.65% effective overall tax rate(computed on tax on middle of income range) Over $ 133376 but not over $ 156775 $ 40130, plus 50.00% of excess over $ 133376 31.69% effective overall tax rate(computed on tax on middle of income range) Over $ 156775 but not over $ 180174 $ 51829, plus 55.00% of excess over $ 156775 34.58% effective overall tax rate(computed on tax on middle of income range) Over $ 180174 but not over $ 203573 $ 64699, plus 60.00% of excess over $ 180174 37.38% effective overall tax rate(computed on tax on middle of income range) Over $ 203573 but not over $ 242572 $ 78738, plus 62.00% of excess over $ 203573 40.72% effective overall tax rate(computed on tax on middle of income range) Over $ 242572 but not over $ 281571 $ 102918, plus 64.00% of excess over $ 242572 44.03% effective overall tax rate(computed on tax on middle of income range) Over $ 281571 but not over $ 320570 $ 127877, plus 66.00% of excess over $ 281571 46.75% effective overall tax rate(computed on tax on middle of income range) Over $ 320570 but not over $ 359568 $ 153616, plus 68.00% of excess over $ 320570 49.07% effective overall tax rate(computed on tax on middle of income range) Over $ 359568 but not over $ 398567 $ 180135, plus 69.00% of excess over $ 359568 51.07% effective overall tax rate(computed on tax on middle of income range) Over $ 398567 ........................ $ 207044, plus 70.00% of excess over $ 398567 51.95% <=> 70.00% effective overall tax rate as income goes to infinity
1977 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 199 2000 percentage of taxable income= 1.99% for tax year 1977 percentage of 1954 taxes 9.94% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 1897 4049 percentage of taxable income= 9.48% for tax year 1977 percentage of 1954 taxes 46.85% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 3913 6249 percentage of taxable income= 13.04% for tax year 1977 percentage of 1954 taxes 62.63% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6256 8643 percentage of taxable income= 15.64% for tax year 1977 percentage of 1954 taxes 72.38% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8805 11243 percentage of taxable income= 17.61% for tax year 1977 percentage of 1954 taxes 78.31% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 11597 14134 percentage of taxable income= 19.33% for tax year 1977 percentage of 1954 taxes 82.05% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14633 17134 percentage of taxable income= 20.90% for tax year 1977 percentage of 1954 taxes 85.40% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 18029 20523 percentage of taxable income= 22.54% for tax year 1977 percentage of 1954 taxes 87.85% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 21697 24009 percentage of taxable income= 24.11% for tax year 1977 percentage of 1954 taxes 90.37% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 25609 27809 percentage of taxable income= 25.61% for tax year 1977 percentage of 1954 taxes 92.09% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 48442 50400 percentage of taxable income= 32.29% for tax year 1977 percentage of 1954 taxes 96.11% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 76594 77586 percentage of taxable income= 38.30% for tax year 1977 percentage of 1954 taxes 98.72% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 107671 107734 percentage of taxable income= 43.07% for tax year 1977 percentage of 1954 taxes 99.94% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 140040 139299 percentage of taxable income= 46.68% for tax year 1977 percentage of 1954 taxes 100.53% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 173629 172445 percentage of taxable income= 49.61% for tax year 1977 percentage of 1954 taxes 100.69% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 208047 207348 percentage of taxable income= 52.01% for tax year 1977 percentage of 1954 taxes 100.34% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 243047 243670 percentage of taxable income= 54.01% for tax year 1977 percentage of 1954 taxes 99.74% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 278047 281170 percentage of taxable income= 55.61% for tax year 1977 percentage of 1954 taxes 98.89% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 348047 358356 percentage of taxable income= 58.01% for tax year 1977 percentage of 1954 taxes 97.12% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 418047 438906 percentage of taxable income= 59.72% for tax year 1977 percentage of 1954 taxes 95.25% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 488047 523100 percentage of taxable income= 61.01% for tax year 1977 percentage of 1954 taxes 93.30% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 558047 610528 percentage of taxable income= 62.01% for tax year 1977 percentage of 1954 taxes 91.40% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 628047 699528 percentage of taxable income= 62.80% for tax year 1977 percentage of 1954 taxes 89.78%
Not over $ 2200 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 2200 but not over $ 2700 $ 0, plus 14.00% of excess over $ 2200 1.43% effective overall tax rate(computed on tax on middle of income range) Over $ 2700 but not over $ 3200 $ 70, plus 15.00% of excess over $ 2700 3.64% effective overall tax rate(computed on tax on middle of income range) Over $ 3200 but not over $ 3700 $ 145, plus 16.00% of excess over $ 3200 5.36% effective overall tax rate(computed on tax on middle of income range) Over $ 3700 but not over $ 4200 $ 225, plus 17.00% of excess over $ 3700 6.77% effective overall tax rate(computed on tax on middle of income range) Over $ 4200 but not over $ 6200 $ 310, plus 19.00% of excess over $ 4200 9.62% effective overall tax rate(computed on tax on middle of income range) Over $ 6200 but not over $ 8200 $ 690, plus 21.00% of excess over $ 6200 12.50% effective overall tax rate(computed on tax on middle of income range) Over $ 8200 but not over $ 10200 $ 1110, plus 24.00% of excess over $ 8200 14.67% effective overall tax rate(computed on tax on middle of income range) Over $ 10200 but not over $ 12200 $ 1590, plus 25.00% of excess over $ 10200 16.43% effective overall tax rate(computed on tax on middle of income range) Over $ 12200 but not over $ 14200 $ 2090, plus 27.00% of excess over $ 12200 17.88% effective overall tax rate(computed on tax on middle of income range) Over $ 14200 but not over $ 16200 $ 2630, plus 29.00% of excess over $ 14200 19.21% effective overall tax rate(computed on tax on middle of income range) Over $ 16200 but not over $ 18200 $ 3210, plus 31.00% of excess over $ 16200 20.47% effective overall tax rate(computed on tax on middle of income range) Over $ 18200 but not over $ 20200 $ 3830, plus 34.00% of excess over $ 18200 21.72% effective overall tax rate(computed on tax on middle of income range) Over $ 20200 but not over $ 22200 $ 4510, plus 36.00% of excess over $ 20200 22.97% effective overall tax rate(computed on tax on middle of income range) Over $ 22200 but not over $ 24200 $ 5230, plus 38.00% of excess over $ 22200 24.18% effective overall tax rate(computed on tax on middle of income range) Over $ 24200 but not over $ 28200 $ 5990, plus 40.00% of excess over $ 24200 25.92% effective overall tax rate(computed on tax on middle of income range) Over $ 28200 but not over $ 34200 $ 7590, plus 45.00% of excess over $ 28200 28.65% effective overall tax rate(computed on tax on middle of income range) Over $ 34200 but not over $ 40200 $ 10290, plus 50.00% of excess over $ 34200 31.69% effective overall tax rate(computed on tax on middle of income range) Over $ 40200 but not over $ 46200 $ 13290, plus 55.00% of excess over $ 40200 34.58% effective overall tax rate(computed on tax on middle of income range) Over $ 46200 but not over $ 52200 $ 16590, plus 60.00% of excess over $ 46200 37.38% effective overall tax rate(computed on tax on middle of income range) Over $ 52200 but not over $ 62200 $ 20190, plus 62.00% of excess over $ 52200 40.72% effective overall tax rate(computed on tax on middle of income range) Over $ 62200 but not over $ 72200 $ 26390, plus 64.00% of excess over $ 62200 44.03% effective overall tax rate(computed on tax on middle of income range) Over $ 72200 but not over $ 82200 $ 32790, plus 66.00% of excess over $ 72200 46.75% effective overall tax rate(computed on tax on middle of income range) Over $ 82200 but not over $ 92200 $ 39390, plus 68.00% of excess over $ 82200 49.07% effective overall tax rate(computed on tax on middle of income range) Over $ 92200 but not over $ 102200 $ 46190, plus 69.00% of excess over $ 92200 51.07% effective overall tax rate(computed on tax on middle of income range) Over $ 102200 ........................ $ 53090, plus 70.00% of excess over $ 102200 51.95% <=> 70.00% effective overall tax rate as income goes to infinity1978 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 3.624730317 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 7974 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 7974 but not over $ 9787 $ 0, plus 14.00% of excess over $ 7974 1.43% effective overall tax rate(computed on tax on middle of income range) Over $ 9787 but not over $ 11599 $ 254, plus 15.00% of excess over $ 9787 3.64% effective overall tax rate(computed on tax on middle of income range) Over $ 11599 but not over $ 13412 $ 526, plus 16.00% of excess over $ 11599 5.36% effective overall tax rate(computed on tax on middle of income range) Over $ 13412 but not over $ 15224 $ 816, plus 17.00% of excess over $ 13412 6.77% effective overall tax rate(computed on tax on middle of income range) Over $ 15224 but not over $ 22473 $ 1124, plus 19.00% of excess over $ 15224 9.62% effective overall tax rate(computed on tax on middle of income range) Over $ 22473 but not over $ 29723 $ 2501, plus 21.00% of excess over $ 22473 12.50% effective overall tax rate(computed on tax on middle of income range) Over $ 29723 but not over $ 36972 $ 4023, plus 24.00% of excess over $ 29723 14.67% effective overall tax rate(computed on tax on middle of income range) Over $ 36972 but not over $ 44222 $ 5763, plus 25.00% of excess over $ 36972 16.43% effective overall tax rate(computed on tax on middle of income range) Over $ 44222 but not over $ 51471 $ 7576, plus 27.00% of excess over $ 44222 17.88% effective overall tax rate(computed on tax on middle of income range) Over $ 51471 but not over $ 58721 $ 9533, plus 29.00% of excess over $ 51471 19.21% effective overall tax rate(computed on tax on middle of income range) Over $ 58721 but not over $ 65970 $ 11635, plus 31.00% of excess over $ 58721 20.47% effective overall tax rate(computed on tax on middle of income range) Over $ 65970 but not over $ 73220 $ 13883, plus 34.00% of excess over $ 65970 21.72% effective overall tax rate(computed on tax on middle of income range) Over $ 73220 but not over $ 80469 $ 16348, plus 36.00% of excess over $ 73220 22.97% effective overall tax rate(computed on tax on middle of income range) Over $ 80469 but not over $ 87718 $ 18957, plus 38.00% of excess over $ 80469 24.18% effective overall tax rate(computed on tax on middle of income range) Over $ 87718 but not over $ 102217 $ 21712, plus 40.00% of excess over $ 87718 25.92% effective overall tax rate(computed on tax on middle of income range) Over $ 102217 but not over $ 123966 $ 27512, plus 45.00% of excess over $ 102217 28.65% effective overall tax rate(computed on tax on middle of income range) Over $ 123966 but not over $ 145714 $ 37298, plus 50.00% of excess over $ 123966 31.69% effective overall tax rate(computed on tax on middle of income range) Over $ 145714 but not over $ 167463 $ 48173, plus 55.00% of excess over $ 145714 34.58% effective overall tax rate(computed on tax on middle of income range) Over $ 167463 but not over $ 189211 $ 60134, plus 60.00% of excess over $ 167463 37.38% effective overall tax rate(computed on tax on middle of income range) Over $ 189211 but not over $ 225458 $ 73183, plus 62.00% of excess over $ 189211 40.72% effective overall tax rate(computed on tax on middle of income range) Over $ 225458 but not over $ 261706 $ 95657, plus 64.00% of excess over $ 225458 44.03% effective overall tax rate(computed on tax on middle of income range) Over $ 261706 but not over $ 297953 $ 118855, plus 66.00% of excess over $ 261706 46.75% effective overall tax rate(computed on tax on middle of income range) Over $ 297953 but not over $ 334200 $ 142778, plus 68.00% of excess over $ 297953 49.07% effective overall tax rate(computed on tax on middle of income range) Over $ 334200 but not over $ 370447 $ 167426, plus 69.00% of excess over $ 334200 51.07% effective overall tax rate(computed on tax on middle of income range) Over $ 370447 ........................ $ 192437, plus 70.00% of excess over $ 370447 51.95% <=> 70.00% effective overall tax rate as income goes to infinity
1978 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 286 2000 percentage of taxable income= 2.86% for tax year 1978 percentage of 1954 taxes 14.29% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2031 4049 percentage of taxable income= 10.16% for tax year 1978 percentage of 1954 taxes 50.17% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4090 6249 percentage of taxable income= 13.63% for tax year 1978 percentage of 1954 taxes 65.45% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6520 8643 percentage of taxable income= 16.30% for tax year 1978 percentage of 1954 taxes 75.44% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9136 11243 percentage of taxable income= 18.27% for tax year 1978 percentage of 1954 taxes 81.26% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12032 14134 percentage of taxable income= 20.05% for tax year 1978 percentage of 1954 taxes 85.13% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15253 17134 percentage of taxable income= 21.79% for tax year 1978 percentage of 1954 taxes 89.02% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 18788 20523 percentage of taxable income= 23.49% for tax year 1978 percentage of 1954 taxes 91.55% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 22625 24009 percentage of taxable income= 25.14% for tax year 1978 percentage of 1954 taxes 94.24% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 26625 27809 percentage of taxable income= 26.62% for tax year 1978 percentage of 1954 taxes 95.74% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 50530 50400 percentage of taxable income= 33.69% for tax year 1978 percentage of 1954 taxes 100.26% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 79873 77586 percentage of taxable income= 39.94% for tax year 1978 percentage of 1954 taxes 102.95% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 111363 107734 percentage of taxable income= 44.55% for tax year 1978 percentage of 1954 taxes 103.37% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 144170 139299 percentage of taxable income= 48.06% for tax year 1978 percentage of 1954 taxes 103.50% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 178328 172445 percentage of taxable income= 50.95% for tax year 1978 percentage of 1954 taxes 103.41% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 213124 207348 percentage of taxable income= 53.28% for tax year 1978 percentage of 1954 taxes 102.79% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 248124 243670 percentage of taxable income= 55.14% for tax year 1978 percentage of 1954 taxes 101.83% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 283124 281170 percentage of taxable income= 56.62% for tax year 1978 percentage of 1954 taxes 100.69% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 353124 358356 percentage of taxable income= 58.85% for tax year 1978 percentage of 1954 taxes 98.54% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 423124 438906 percentage of taxable income= 60.45% for tax year 1978 percentage of 1954 taxes 96.40% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 493124 523100 percentage of taxable income= 61.64% for tax year 1978 percentage of 1954 taxes 94.27% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 563124 610528 percentage of taxable income= 62.57% for tax year 1978 percentage of 1954 taxes 92.24% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 633124 699528 percentage of taxable income= 63.31% for tax year 1978 percentage of 1954 taxes 90.51%
Not over $ 2300 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 2300 but not over $ 3400 $ 0, plus 14.00% of excess over $ 2300 2.70% effective overall tax rate(computed on tax on middle of income range) Over $ 3400 but not over $ 4400 $ 154, plus 16.00% of excess over $ 3400 6.00% effective overall tax rate(computed on tax on middle of income range) Over $ 4400 but not over $ 6500 $ 314, plus 18.00% of excess over $ 4400 9.23% effective overall tax rate(computed on tax on middle of income range) Over $ 6500 but not over $ 8500 $ 692, plus 19.00% of excess over $ 6500 11.76% effective overall tax rate(computed on tax on middle of income range) Over $ 8500 but not over $ 10800 $ 1072, plus 21.00% of excess over $ 8500 13.61% effective overall tax rate(computed on tax on middle of income range) Over $ 10800 but not over $ 12900 $ 1555, plus 24.00% of excess over $ 10800 15.25% effective overall tax rate(computed on tax on middle of income range) Over $ 12900 but not over $ 15000 $ 2059, plus 26.00% of excess over $ 12900 16.72% effective overall tax rate(computed on tax on middle of income range) Over $ 15000 but not over $ 18200 $ 2605, plus 30.00% of excess over $ 15000 18.58% effective overall tax rate(computed on tax on middle of income range) Over $ 18200 but not over $ 23500 $ 3565, plus 34.00% of excess over $ 18200 21.42% effective overall tax rate(computed on tax on middle of income range) Over $ 23500 but not over $ 28800 $ 5367, plus 39.00% of excess over $ 23500 24.48% effective overall tax rate(computed on tax on middle of income range) Over $ 28800 but not over $ 34100 $ 7434, plus 44.00% of excess over $ 28800 27.34% effective overall tax rate(computed on tax on middle of income range) Over $ 34100 but not over $ 41500 $ 9766, plus 49.00% of excess over $ 34100 30.63% effective overall tax rate(computed on tax on middle of income range) Over $ 41500 but not over $ 55300 $ 13392, plus 55.00% of excess over $ 41500 35.51% effective overall tax rate(computed on tax on middle of income range) Over $ 55300 but not over $ 81800 $ 20982, plus 63.00% of excess over $ 55300 42.79% effective overall tax rate(computed on tax on middle of income range) Over $ 81800 but not over $ 108300 $ 37677, plus 68.00% of excess over $ 81800 49.12% effective overall tax rate(computed on tax on middle of income range) Over $ 108300 ........................ $ 55697, plus 70.00% of excess over $ 108300 51.43% <=> 70.00% effective overall tax rate as income goes to infinity1979 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 3.255267447 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 7487 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 7487 but not over $ 11068 $ 0, plus 14.00% of excess over $ 7487 2.70% effective overall tax rate(computed on tax on middle of income range) Over $ 11068 but not over $ 14323 $ 501, plus 16.00% of excess over $ 11068 6.00% effective overall tax rate(computed on tax on middle of income range) Over $ 14323 but not over $ 21159 $ 1022, plus 18.00% of excess over $ 14323 9.23% effective overall tax rate(computed on tax on middle of income range) Over $ 21159 but not over $ 27670 $ 2253, plus 19.00% of excess over $ 21159 11.76% effective overall tax rate(computed on tax on middle of income range) Over $ 27670 but not over $ 35157 $ 3490, plus 21.00% of excess over $ 27670 13.61% effective overall tax rate(computed on tax on middle of income range) Over $ 35157 but not over $ 41993 $ 5062, plus 24.00% of excess over $ 35157 15.25% effective overall tax rate(computed on tax on middle of income range) Over $ 41993 but not over $ 48829 $ 6703, plus 26.00% of excess over $ 41993 16.72% effective overall tax rate(computed on tax on middle of income range) Over $ 48829 but not over $ 59246 $ 8480, plus 30.00% of excess over $ 48829 18.58% effective overall tax rate(computed on tax on middle of income range) Over $ 59246 but not over $ 76499 $ 11605, plus 34.00% of excess over $ 59246 21.42% effective overall tax rate(computed on tax on middle of income range) Over $ 76499 but not over $ 93752 $ 17471, plus 39.00% of excess over $ 76499 24.48% effective overall tax rate(computed on tax on middle of income range) Over $ 93752 but not over $ 111005 $ 24200, plus 44.00% of excess over $ 93752 27.34% effective overall tax rate(computed on tax on middle of income range) Over $ 111005 but not over $ 135094 $ 31791, plus 49.00% of excess over $ 111005 30.63% effective overall tax rate(computed on tax on middle of income range) Over $ 135094 but not over $ 180016 $ 43595, plus 55.00% of excess over $ 135094 35.51% effective overall tax rate(computed on tax on middle of income range) Over $ 180016 but not over $ 266281 $ 68302, plus 63.00% of excess over $ 180016 42.79% effective overall tax rate(computed on tax on middle of income range) Over $ 266281 but not over $ 352545 $ 122649, plus 68.00% of excess over $ 266281 49.12% effective overall tax rate(computed on tax on middle of income range) Over $ 352545 ........................ $ 181309, plus 70.00% of excess over $ 352545 51.43% <=> 70.00% effective overall tax rate as income goes to infinity
1979 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 352 2000 percentage of taxable income= 3.52% for tax year 1979 percentage of 1954 taxes 17.59% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2044 4049 percentage of taxable income= 10.22% for tax year 1979 percentage of 1954 taxes 50.49% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 3979 6249 percentage of taxable income= 13.26% for tax year 1979 percentage of 1954 taxes 63.68% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6224 8643 percentage of taxable income= 15.56% for tax year 1979 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8831 11243 percentage of taxable income= 17.66% for tax year 1979 percentage of 1954 taxes 78.55% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 11861 14134 percentage of taxable income= 19.77% for tax year 1979 percentage of 1954 taxes 83.92% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15261 17134 percentage of taxable income= 21.80% for tax year 1979 percentage of 1954 taxes 89.07% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 18836 20523 percentage of taxable income= 23.55% for tax year 1979 percentage of 1954 taxes 91.78% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 22736 24009 percentage of taxable income= 25.26% for tax year 1979 percentage of 1954 taxes 94.70% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 26949 27809 percentage of taxable income= 26.95% for tax year 1979 percentage of 1954 taxes 96.91% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 51793 50400 percentage of taxable income= 34.53% for tax year 1979 percentage of 1954 taxes 102.76% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 80892 77586 percentage of taxable income= 40.45% for tax year 1979 percentage of 1954 taxes 104.26% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 112392 107734 percentage of taxable income= 44.96% for tax year 1979 percentage of 1954 taxes 104.32% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 145578 139299 percentage of taxable income= 48.53% for tax year 1979 percentage of 1954 taxes 104.51% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 179578 172445 percentage of taxable income= 51.31% for tax year 1979 percentage of 1954 taxes 104.14% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 214527 207348 percentage of taxable income= 53.63% for tax year 1979 percentage of 1954 taxes 103.46% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 249527 243670 percentage of taxable income= 55.45% for tax year 1979 percentage of 1954 taxes 102.40% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 284527 281170 percentage of taxable income= 56.91% for tax year 1979 percentage of 1954 taxes 101.19% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 354527 358356 percentage of taxable income= 59.09% for tax year 1979 percentage of 1954 taxes 98.93% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 424527 438906 percentage of taxable income= 60.65% for tax year 1979 percentage of 1954 taxes 96.72% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 494527 523100 percentage of taxable income= 61.82% for tax year 1979 percentage of 1954 taxes 94.54% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 564527 610528 percentage of taxable income= 62.73% for tax year 1979 percentage of 1954 taxes 92.47% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 634527 699528 percentage of taxable income= 63.45% for tax year 1979 percentage of 1954 taxes 90.71%
Not over $ 2300 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 2300 but not over $ 3400 $ 0, plus 14.00% of excess over $ 2300 2.70% effective overall tax rate(computed on tax on middle of income range) Over $ 3400 but not over $ 4400 $ 154, plus 16.00% of excess over $ 3400 6.00% effective overall tax rate(computed on tax on middle of income range) Over $ 4400 but not over $ 6500 $ 314, plus 18.00% of excess over $ 4400 9.23% effective overall tax rate(computed on tax on middle of income range) Over $ 6500 but not over $ 8500 $ 692, plus 19.00% of excess over $ 6500 11.76% effective overall tax rate(computed on tax on middle of income range) Over $ 8500 but not over $ 10800 $ 1072, plus 21.00% of excess over $ 8500 13.61% effective overall tax rate(computed on tax on middle of income range) Over $ 10800 but not over $ 12900 $ 1555, plus 24.00% of excess over $ 10800 15.25% effective overall tax rate(computed on tax on middle of income range) Over $ 12900 but not over $ 15000 $ 2059, plus 26.00% of excess over $ 12900 16.72% effective overall tax rate(computed on tax on middle of income range) Over $ 15000 but not over $ 18200 $ 2605, plus 30.00% of excess over $ 15000 18.58% effective overall tax rate(computed on tax on middle of income range) Over $ 18200 but not over $ 23500 $ 3565, plus 34.00% of excess over $ 18200 21.42% effective overall tax rate(computed on tax on middle of income range) Over $ 23500 but not over $ 28800 $ 5367, plus 39.00% of excess over $ 23500 24.48% effective overall tax rate(computed on tax on middle of income range) Over $ 28800 but not over $ 34100 $ 7434, plus 44.00% of excess over $ 28800 27.34% effective overall tax rate(computed on tax on middle of income range) Over $ 34100 but not over $ 41500 $ 9766, plus 49.00% of excess over $ 34100 30.63% effective overall tax rate(computed on tax on middle of income range) Over $ 41500 but not over $ 55300 $ 13392, plus 55.00% of excess over $ 41500 35.51% effective overall tax rate(computed on tax on middle of income range) Over $ 55300 but not over $ 81800 $ 20982, plus 63.00% of excess over $ 55300 42.79% effective overall tax rate(computed on tax on middle of income range) Over $ 81800 but not over $ 108300 $ 37677, plus 68.00% of excess over $ 81800 49.12% effective overall tax rate(computed on tax on middle of income range) Over $ 108300 ........................ $ 55697, plus 70.00% of excess over $ 108300 51.43% <=> 70.00% effective overall tax rate as income goes to infinity1980 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 2.868111852 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 6597 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 6597 but not over $ 9752 $ 0, plus 14.00% of excess over $ 6597 2.70% effective overall tax rate(computed on tax on middle of income range) Over $ 9752 but not over $ 12620 $ 442, plus 16.00% of excess over $ 9752 6.00% effective overall tax rate(computed on tax on middle of income range) Over $ 12620 but not over $ 18643 $ 901, plus 18.00% of excess over $ 12620 9.23% effective overall tax rate(computed on tax on middle of income range) Over $ 18643 but not over $ 24379 $ 1985, plus 19.00% of excess over $ 18643 11.76% effective overall tax rate(computed on tax on middle of income range) Over $ 24379 but not over $ 30976 $ 3075, plus 21.00% of excess over $ 24379 13.61% effective overall tax rate(computed on tax on middle of income range) Over $ 30976 but not over $ 36999 $ 4460, plus 24.00% of excess over $ 30976 15.25% effective overall tax rate(computed on tax on middle of income range) Over $ 36999 but not over $ 43022 $ 5905, plus 26.00% of excess over $ 36999 16.72% effective overall tax rate(computed on tax on middle of income range) Over $ 43022 but not over $ 52200 $ 7471, plus 30.00% of excess over $ 43022 18.58% effective overall tax rate(computed on tax on middle of income range) Over $ 52200 but not over $ 67401 $ 10225, plus 34.00% of excess over $ 52200 21.42% effective overall tax rate(computed on tax on middle of income range) Over $ 67401 but not over $ 82602 $ 15393, plus 39.00% of excess over $ 67401 24.48% effective overall tax rate(computed on tax on middle of income range) Over $ 82602 but not over $ 97803 $ 21322, plus 44.00% of excess over $ 82602 27.34% effective overall tax rate(computed on tax on middle of income range) Over $ 97803 but not over $ 119027 $ 28010, plus 49.00% of excess over $ 97803 30.63% effective overall tax rate(computed on tax on middle of income range) Over $ 119027 but not over $ 158607 $ 38410, plus 55.00% of excess over $ 119027 35.51% effective overall tax rate(computed on tax on middle of income range) Over $ 158607 but not over $ 234612 $ 60179, plus 63.00% of excess over $ 158607 42.79% effective overall tax rate(computed on tax on middle of income range) Over $ 234612 but not over $ 310617 $ 108062, plus 68.00% of excess over $ 234612 49.12% effective overall tax rate(computed on tax on middle of income range) Over $ 310617 ........................ $ 159745, plus 70.00% of excess over $ 310617 51.43% <=> 70.00% effective overall tax rate as income goes to infinity
1980 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 481 2000 percentage of taxable income= 4.81% for tax year 1980 percentage of 1954 taxes 24.07% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2243 4049 percentage of taxable income= 11.21% for tax year 1980 percentage of 1954 taxes 55.39% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4255 6249 percentage of taxable income= 14.18% for tax year 1980 percentage of 1954 taxes 68.10% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6686 8643 percentage of taxable income= 16.71% for tax year 1980 percentage of 1954 taxes 77.36% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9565 11243 percentage of taxable income= 19.13% for tax year 1980 percentage of 1954 taxes 85.08% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12877 14134 percentage of taxable income= 21.46% for tax year 1980 percentage of 1954 taxes 91.10% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 16407 17134 percentage of taxable income= 23.44% for tax year 1980 percentage of 1954 taxes 95.75% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 20307 20523 percentage of taxable income= 25.38% for tax year 1980 percentage of 1954 taxes 98.95% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 24577 24009 percentage of taxable income= 27.31% for tax year 1980 percentage of 1954 taxes 102.37% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 29087 27809 percentage of taxable income= 29.09% for tax year 1980 percentage of 1954 taxes 104.60% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 55445 50400 percentage of taxable income= 36.96% for tax year 1980 percentage of 1954 taxes 110.01% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 86257 77586 percentage of taxable income= 43.13% for tax year 1980 percentage of 1954 taxes 111.18% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 118526 107734 percentage of taxable income= 47.41% for tax year 1980 percentage of 1954 taxes 110.02% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 152526 139299 percentage of taxable income= 50.84% for tax year 1980 percentage of 1954 taxes 109.50% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 187314 172445 percentage of taxable income= 53.52% for tax year 1980 percentage of 1954 taxes 108.62% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 222314 207348 percentage of taxable income= 55.58% for tax year 1980 percentage of 1954 taxes 107.22% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 257314 243670 percentage of taxable income= 57.18% for tax year 1980 percentage of 1954 taxes 105.60% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 292314 281170 percentage of taxable income= 58.46% for tax year 1980 percentage of 1954 taxes 103.96% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 362314 358356 percentage of taxable income= 60.39% for tax year 1980 percentage of 1954 taxes 101.10% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 432314 438906 percentage of taxable income= 61.76% for tax year 1980 percentage of 1954 taxes 98.50% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 502314 523100 percentage of taxable income= 62.79% for tax year 1980 percentage of 1954 taxes 96.03% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 572314 610528 percentage of taxable income= 63.59% for tax year 1980 percentage of 1954 taxes 93.74% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 642314 699528 percentage of taxable income= 64.23% for tax year 1980 percentage of 1954 taxes 91.82%
Not over $ 2300 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 2300 but not over $ 3400 $ 0, plus 14.00% of excess over $ 2300 2.70% effective overall tax rate(computed on tax on middle of income range) Over $ 3400 but not over $ 4400 $ 154, plus 16.00% of excess over $ 3400 6.00% effective overall tax rate(computed on tax on middle of income range) Over $ 4400 but not over $ 6500 $ 314, plus 18.00% of excess over $ 4400 9.23% effective overall tax rate(computed on tax on middle of income range) Over $ 6500 but not over $ 8500 $ 692, plus 19.00% of excess over $ 6500 11.76% effective overall tax rate(computed on tax on middle of income range) Over $ 8500 but not over $ 10800 $ 1072, plus 21.00% of excess over $ 8500 13.61% effective overall tax rate(computed on tax on middle of income range) Over $ 10800 but not over $ 12900 $ 1555, plus 24.00% of excess over $ 10800 15.25% effective overall tax rate(computed on tax on middle of income range) Over $ 12900 but not over $ 15000 $ 2059, plus 26.00% of excess over $ 12900 16.72% effective overall tax rate(computed on tax on middle of income range) Over $ 15000 but not over $ 18200 $ 2605, plus 30.00% of excess over $ 15000 18.58% effective overall tax rate(computed on tax on middle of income range) Over $ 18200 but not over $ 23500 $ 3565, plus 34.00% of excess over $ 18200 21.42% effective overall tax rate(computed on tax on middle of income range) Over $ 23500 but not over $ 28800 $ 5367, plus 39.00% of excess over $ 23500 24.48% effective overall tax rate(computed on tax on middle of income range) Over $ 28800 but not over $ 34100 $ 7434, plus 44.00% of excess over $ 28800 27.34% effective overall tax rate(computed on tax on middle of income range) Over $ 34100 but not over $ 41500 $ 9766, plus 49.00% of excess over $ 34100 30.63% effective overall tax rate(computed on tax on middle of income range) Over $ 41500 but not over $ 55300 $ 13392, plus 55.00% of excess over $ 41500 35.51% effective overall tax rate(computed on tax on middle of income range) Over $ 55300 but not over $ 81800 $ 20982, plus 63.00% of excess over $ 55300 42.79% effective overall tax rate(computed on tax on middle of income range) Over $ 81800 but not over $ 108300 $ 37677, plus 68.00% of excess over $ 81800 49.12% effective overall tax rate(computed on tax on middle of income range) Over $ 108300 ........................ $ 55697, plus 70.00% of excess over $ 108300 51.43% <=> 70.00% effective overall tax rate as income goes to infinity1981 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 2.599916575 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 5980 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 5980 but not over $ 8840 $ 0, plus 14.00% of excess over $ 5980 2.70% effective overall tax rate(computed on tax on middle of income range) Over $ 8840 but not over $ 11440 $ 400, plus 16.00% of excess over $ 8840 6.00% effective overall tax rate(computed on tax on middle of income range) Over $ 11440 but not over $ 16899 $ 816, plus 18.00% of excess over $ 11440 9.23% effective overall tax rate(computed on tax on middle of income range) Over $ 16899 but not over $ 22099 $ 1799, plus 19.00% of excess over $ 16899 11.76% effective overall tax rate(computed on tax on middle of income range) Over $ 22099 but not over $ 28079 $ 2787, plus 21.00% of excess over $ 22099 13.61% effective overall tax rate(computed on tax on middle of income range) Over $ 28079 but not over $ 33539 $ 4043, plus 24.00% of excess over $ 28079 15.25% effective overall tax rate(computed on tax on middle of income range) Over $ 33539 but not over $ 38999 $ 5353, plus 26.00% of excess over $ 33539 16.72% effective overall tax rate(computed on tax on middle of income range) Over $ 38999 but not over $ 47318 $ 6773, plus 30.00% of excess over $ 38999 18.58% effective overall tax rate(computed on tax on middle of income range) Over $ 47318 but not over $ 61098 $ 9269, plus 34.00% of excess over $ 47318 21.42% effective overall tax rate(computed on tax on middle of income range) Over $ 61098 but not over $ 74878 $ 13954, plus 39.00% of excess over $ 61098 24.48% effective overall tax rate(computed on tax on middle of income range) Over $ 74878 but not over $ 88657 $ 19328, plus 44.00% of excess over $ 74878 27.34% effective overall tax rate(computed on tax on middle of income range) Over $ 88657 but not over $ 107897 $ 25391, plus 49.00% of excess over $ 88657 30.63% effective overall tax rate(computed on tax on middle of income range) Over $ 107897 but not over $ 143775 $ 34818, plus 55.00% of excess over $ 107897 35.51% effective overall tax rate(computed on tax on middle of income range) Over $ 143775 but not over $ 212673 $ 54551, plus 63.00% of excess over $ 143775 42.79% effective overall tax rate(computed on tax on middle of income range) Over $ 212673 but not over $ 281571 $ 97957, plus 68.00% of excess over $ 212673 49.12% effective overall tax rate(computed on tax on middle of income range) Over $ 281571 ........................ $ 144808, plus 70.00% of excess over $ 281571 51.43% <=> 70.00% effective overall tax rate as income goes to infinity
1981 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 586 2000 percentage of taxable income= 5.86% for tax year 1981 percentage of 1954 taxes 29.30% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2388 4049 percentage of taxable income= 11.94% for tax year 1981 percentage of 1954 taxes 58.99% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4504 6249 percentage of taxable income= 15.01% for tax year 1981 percentage of 1954 taxes 72.08% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 7073 8643 percentage of taxable income= 17.68% for tax year 1981 percentage of 1954 taxes 81.84% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 10180 11243 percentage of taxable income= 20.36% for tax year 1981 percentage of 1954 taxes 90.55% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 13580 14134 percentage of taxable income= 22.63% for tax year 1981 percentage of 1954 taxes 96.08% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 17426 17134 percentage of taxable income= 24.89% for tax year 1981 percentage of 1954 taxes 101.70% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 21582 20523 percentage of taxable income= 26.98% for tax year 1981 percentage of 1954 taxes 105.16% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 26049 24009 percentage of taxable income= 28.94% for tax year 1981 percentage of 1954 taxes 108.50% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 30949 27809 percentage of taxable income= 30.95% for tax year 1981 percentage of 1954 taxes 111.29% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 58473 50400 percentage of taxable income= 38.98% for tax year 1981 percentage of 1954 taxes 116.02% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 89973 77586 percentage of taxable income= 44.99% for tax year 1981 percentage of 1954 taxes 115.97% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 123339 107734 percentage of taxable income= 49.34% for tax year 1981 percentage of 1954 taxes 114.49% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 157708 139299 percentage of taxable income= 52.57% for tax year 1981 percentage of 1954 taxes 113.22% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 192708 172445 percentage of taxable income= 55.06% for tax year 1981 percentage of 1954 taxes 111.75% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 227708 207348 percentage of taxable income= 56.93% for tax year 1981 percentage of 1954 taxes 109.82% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 262708 243670 percentage of taxable income= 58.38% for tax year 1981 percentage of 1954 taxes 107.81% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 297708 281170 percentage of taxable income= 59.54% for tax year 1981 percentage of 1954 taxes 105.88% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 367708 358356 percentage of taxable income= 61.28% for tax year 1981 percentage of 1954 taxes 102.61% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 437708 438906 percentage of taxable income= 62.53% for tax year 1981 percentage of 1954 taxes 99.73% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 507708 523100 percentage of taxable income= 63.46% for tax year 1981 percentage of 1954 taxes 97.06% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 577708 610528 percentage of taxable income= 64.19% for tax year 1981 percentage of 1954 taxes 94.62% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 647708 699528 percentage of taxable income= 64.77% for tax year 1981 percentage of 1954 taxes 92.59%
Not over $ 2300 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 2300 but not over $ 3400 $ 0, plus 12.00% of excess over $ 2300 2.32% effective overall tax rate(computed on tax on middle of income range) Over $ 3400 but not over $ 4400 $ 132, plus 14.00% of excess over $ 3400 5.18% effective overall tax rate(computed on tax on middle of income range) Over $ 4400 but not over $ 6500 $ 272, plus 16.00% of excess over $ 4400 8.07% effective overall tax rate(computed on tax on middle of income range) Over $ 6500 but not over $ 8500 $ 608, plus 17.00% of excess over $ 6500 10.37% effective overall tax rate(computed on tax on middle of income range) Over $ 8500 but not over $ 10800 $ 948, plus 19.00% of excess over $ 8500 12.09% effective overall tax rate(computed on tax on middle of income range) Over $ 10800 but not over $ 12900 $ 1385, plus 22.00% of excess over $ 10800 13.64% effective overall tax rate(computed on tax on middle of income range) Over $ 12900 but not over $ 15000 $ 1847, plus 23.00% of excess over $ 12900 14.97% effective overall tax rate(computed on tax on middle of income range) Over $ 15000 but not over $ 18200 $ 2330, plus 27.00% of excess over $ 15000 16.64% effective overall tax rate(computed on tax on middle of income range) Over $ 18200 but not over $ 23500 $ 3194, plus 31.00% of excess over $ 18200 19.26% effective overall tax rate(computed on tax on middle of income range) Over $ 23500 but not over $ 28800 $ 4837, plus 35.00% of excess over $ 23500 22.04% effective overall tax rate(computed on tax on middle of income range) Over $ 28800 but not over $ 34100 $ 6692, plus 40.00% of excess over $ 28800 24.65% effective overall tax rate(computed on tax on middle of income range) Over $ 34100 but not over $ 41500 $ 8812, plus 44.00% of excess over $ 34100 27.62% effective overall tax rate(computed on tax on middle of income range) Over $ 41500 ........................ $ 12068, plus 50.00% of excess over $ 41500 29.08% <=> 50.00% effective overall tax rate as income goes to infinity1982 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 2.449040588 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 5633 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 5633 but not over $ 8327 $ 0, plus 12.00% of excess over $ 5633 2.32% effective overall tax rate(computed on tax on middle of income range) Over $ 8327 but not over $ 10776 $ 323, plus 14.00% of excess over $ 8327 5.18% effective overall tax rate(computed on tax on middle of income range) Over $ 10776 but not over $ 15919 $ 666, plus 16.00% of excess over $ 10776 8.07% effective overall tax rate(computed on tax on middle of income range) Over $ 15919 but not over $ 20817 $ 1489, plus 17.00% of excess over $ 15919 10.37% effective overall tax rate(computed on tax on middle of income range) Over $ 20817 but not over $ 26450 $ 2322, plus 19.00% of excess over $ 20817 12.09% effective overall tax rate(computed on tax on middle of income range) Over $ 26450 but not over $ 31593 $ 3392, plus 22.00% of excess over $ 26450 13.64% effective overall tax rate(computed on tax on middle of income range) Over $ 31593 but not over $ 36736 $ 4523, plus 23.00% of excess over $ 31593 14.97% effective overall tax rate(computed on tax on middle of income range) Over $ 36736 but not over $ 44573 $ 5706, plus 27.00% of excess over $ 36736 16.64% effective overall tax rate(computed on tax on middle of income range) Over $ 44573 but not over $ 57552 $ 7822, plus 31.00% of excess over $ 44573 19.26% effective overall tax rate(computed on tax on middle of income range) Over $ 57552 but not over $ 70532 $ 11846, plus 35.00% of excess over $ 57552 22.04% effective overall tax rate(computed on tax on middle of income range) Over $ 70532 but not over $ 83512 $ 16389, plus 40.00% of excess over $ 70532 24.65% effective overall tax rate(computed on tax on middle of income range) Over $ 83512 but not over $ 101635 $ 21581, plus 44.00% of excess over $ 83512 27.62% effective overall tax rate(computed on tax on middle of income range) Over $ 101635 ........................ $ 29555, plus 50.00% of excess over $ 101635 29.08% <=> 50.00% effective overall tax rate as income goes to infinity
1982 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 558 2000 percentage of taxable income= 5.58% for tax year 1982 percentage of 1954 taxes 27.88% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2183 4049 percentage of taxable income= 10.91% for tax year 1982 percentage of 1954 taxes 53.92% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4173 6249 percentage of taxable income= 13.91% for tax year 1982 percentage of 1954 taxes 66.78% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6588 8643 percentage of taxable income= 16.47% for tax year 1982 percentage of 1954 taxes 76.22% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9505 11243 percentage of taxable income= 19.01% for tax year 1982 percentage of 1954 taxes 84.54% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12703 14134 percentage of taxable income= 21.17% for tax year 1982 percentage of 1954 taxes 89.87% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 16203 17134 percentage of taxable income= 23.15% for tax year 1982 percentage of 1954 taxes 94.56% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 20176 20523 percentage of taxable income= 25.22% for tax year 1982 percentage of 1954 taxes 98.31% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 24436 24009 percentage of taxable income= 27.15% for tax year 1982 percentage of 1954 taxes 101.78% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 28836 27809 percentage of taxable income= 28.84% for tax year 1982 percentage of 1954 taxes 103.69% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 53737 50400 percentage of taxable income= 35.82% for tax year 1982 percentage of 1954 taxes 106.62% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 78737 77586 percentage of taxable income= 39.37% for tax year 1982 percentage of 1954 taxes 101.48% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 103737 107734 percentage of taxable income= 41.49% for tax year 1982 percentage of 1954 taxes 96.29% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 128737 139299 percentage of taxable income= 42.91% for tax year 1982 percentage of 1954 taxes 92.42% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 153737 172445 percentage of taxable income= 43.92% for tax year 1982 percentage of 1954 taxes 89.15% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 178737 207348 percentage of taxable income= 44.68% for tax year 1982 percentage of 1954 taxes 86.20% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 203737 243670 percentage of taxable income= 45.27% for tax year 1982 percentage of 1954 taxes 83.61% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 228737 281170 percentage of taxable income= 45.75% for tax year 1982 percentage of 1954 taxes 81.35% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 278737 358356 percentage of taxable income= 46.46% for tax year 1982 percentage of 1954 taxes 77.78% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 328737 438906 percentage of taxable income= 46.96% for tax year 1982 percentage of 1954 taxes 74.90% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 378737 523100 percentage of taxable income= 47.34% for tax year 1982 percentage of 1954 taxes 72.40% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 428737 610528 percentage of taxable income= 47.64% for tax year 1982 percentage of 1954 taxes 70.22% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 478737 699528 percentage of taxable income= 47.87% for tax year 1982 percentage of 1954 taxes 68.44%
Not over $ 2300 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 2300 but not over $ 3400 $ 0, plus 11.00% of excess over $ 2300 2.12% effective overall tax rate(computed on tax on middle of income range) Over $ 3400 but not over $ 4400 $ 121, plus 13.00% of excess over $ 3400 4.77% effective overall tax rate(computed on tax on middle of income range) Over $ 4400 but not over $ 8500 $ 251, plus 15.00% of excess over $ 4400 8.66% effective overall tax rate(computed on tax on middle of income range) Over $ 8500 but not over $ 10800 $ 866, plus 17.00% of excess over $ 8500 11.00% effective overall tax rate(computed on tax on middle of income range) Over $ 10800 but not over $ 12900 $ 1257, plus 19.00% of excess over $ 10800 12.29% effective overall tax rate(computed on tax on middle of income range) Over $ 12900 but not over $ 15000 $ 1656, plus 21.00% of excess over $ 12900 13.45% effective overall tax rate(computed on tax on middle of income range) Over $ 15000 but not over $ 18200 $ 2097, plus 24.00% of excess over $ 15000 14.95% effective overall tax rate(computed on tax on middle of income range) Over $ 18200 but not over $ 23500 $ 2865, plus 28.00% of excess over $ 18200 17.30% effective overall tax rate(computed on tax on middle of income range) Over $ 23500 but not over $ 28800 $ 4349, plus 32.00% of excess over $ 23500 19.87% effective overall tax rate(computed on tax on middle of income range) Over $ 28800 but not over $ 34100 $ 6045, plus 36.00% of excess over $ 28800 22.25% effective overall tax rate(computed on tax on middle of income range) Over $ 34100 but not over $ 41500 $ 7953, plus 40.00% of excess over $ 34100 24.96% effective overall tax rate(computed on tax on middle of income range) Over $ 41500 but not over $ 55300 $ 10913, plus 45.00% of excess over $ 41500 28.96% effective overall tax rate(computed on tax on middle of income range) Over $ 55300 ........................ $ 17123, plus 50.00% of excess over $ 55300 30.96% <=> 50.00% effective overall tax rate as income goes to infinity1983 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 2.372815428 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 5457 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 5457 but not over $ 8068 $ 0, plus 11.00% of excess over $ 5457 2.12% effective overall tax rate(computed on tax on middle of income range) Over $ 8068 but not over $ 10440 $ 287, plus 13.00% of excess over $ 8068 4.77% effective overall tax rate(computed on tax on middle of income range) Over $ 10440 but not over $ 20169 $ 596, plus 15.00% of excess over $ 10440 8.66% effective overall tax rate(computed on tax on middle of income range) Over $ 20169 but not over $ 25626 $ 2055, plus 17.00% of excess over $ 20169 11.00% effective overall tax rate(computed on tax on middle of income range) Over $ 25626 but not over $ 30609 $ 2983, plus 19.00% of excess over $ 25626 12.29% effective overall tax rate(computed on tax on middle of income range) Over $ 30609 but not over $ 35592 $ 3929, plus 21.00% of excess over $ 30609 13.45% effective overall tax rate(computed on tax on middle of income range) Over $ 35592 but not over $ 43185 $ 4976, plus 24.00% of excess over $ 35592 14.95% effective overall tax rate(computed on tax on middle of income range) Over $ 43185 but not over $ 55761 $ 6798, plus 28.00% of excess over $ 43185 17.30% effective overall tax rate(computed on tax on middle of income range) Over $ 55761 but not over $ 68337 $ 10319, plus 32.00% of excess over $ 55761 19.87% effective overall tax rate(computed on tax on middle of income range) Over $ 68337 but not over $ 80913 $ 14344, plus 36.00% of excess over $ 68337 22.25% effective overall tax rate(computed on tax on middle of income range) Over $ 80913 but not over $ 98472 $ 18871, plus 40.00% of excess over $ 80913 24.96% effective overall tax rate(computed on tax on middle of income range) Over $ 98472 but not over $ 131217 $ 25895, plus 45.00% of excess over $ 98472 28.96% effective overall tax rate(computed on tax on middle of income range) Over $ 131217 ........................ $ 40630, plus 50.00% of excess over $ 131217 30.96% <=> 50.00% effective overall tax rate as income goes to infinity
1983 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 538 2000 percentage of taxable income= 5.38% for tax year 1983 percentage of 1954 taxes 26.92% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2030 4049 percentage of taxable income= 10.15% for tax year 1983 percentage of 1954 taxes 50.13% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 3814 6249 percentage of taxable income= 12.71% for tax year 1983 percentage of 1954 taxes 61.03% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6034 8643 percentage of taxable income= 15.08% for tax year 1983 percentage of 1954 taxes 69.81% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8706 11243 percentage of taxable income= 17.41% for tax year 1983 percentage of 1954 taxes 77.44% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 11676 14134 percentage of taxable income= 19.46% for tax year 1983 percentage of 1954 taxes 82.61% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14942 17134 percentage of taxable income= 21.35% for tax year 1983 percentage of 1954 taxes 87.21% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 18542 20523 percentage of taxable income= 23.18% for tax year 1983 percentage of 1954 taxes 90.35% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 22506 24009 percentage of taxable income= 25.01% for tax year 1983 percentage of 1954 taxes 93.74% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 26582 27809 percentage of taxable income= 26.58% for tax year 1983 percentage of 1954 taxes 95.59% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 50021 50400 percentage of taxable income= 33.35% for tax year 1983 percentage of 1954 taxes 99.25% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 75021 77586 percentage of taxable income= 37.51% for tax year 1983 percentage of 1954 taxes 96.69% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 100021 107734 percentage of taxable income= 40.01% for tax year 1983 percentage of 1954 taxes 92.84% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 125021 139299 percentage of taxable income= 41.67% for tax year 1983 percentage of 1954 taxes 89.75% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 150021 172445 percentage of taxable income= 42.86% for tax year 1983 percentage of 1954 taxes 87.00% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 175021 207348 percentage of taxable income= 43.76% for tax year 1983 percentage of 1954 taxes 84.41% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 200021 243670 percentage of taxable income= 44.45% for tax year 1983 percentage of 1954 taxes 82.09% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 225021 281170 percentage of taxable income= 45.00% for tax year 1983 percentage of 1954 taxes 80.03% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 275021 358356 percentage of taxable income= 45.84% for tax year 1983 percentage of 1954 taxes 76.75% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 325021 438906 percentage of taxable income= 46.43% for tax year 1983 percentage of 1954 taxes 74.05% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 375021 523100 percentage of taxable income= 46.88% for tax year 1983 percentage of 1954 taxes 71.69% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 425021 610528 percentage of taxable income= 47.22% for tax year 1983 percentage of 1954 taxes 69.62% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 475021 699528 percentage of taxable income= 47.50% for tax year 1983 percentage of 1954 taxes 67.91%
Not over $ 2300 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 2300 but not over $ 3400 $ 0, plus 11.00% of excess over $ 2300 2.12% effective overall tax rate(computed on tax on middle of income range) Over $ 3400 but not over $ 4400 $ 121, plus 12.00% of excess over $ 3400 4.64% effective overall tax rate(computed on tax on middle of income range) Over $ 4400 but not over $ 6500 $ 241, plus 14.00% of excess over $ 4400 7.12% effective overall tax rate(computed on tax on middle of income range) Over $ 6500 but not over $ 8500 $ 535, plus 15.00% of excess over $ 6500 9.13% effective overall tax rate(computed on tax on middle of income range) Over $ 8500 but not over $ 10800 $ 835, plus 16.00% of excess over $ 8500 10.56% effective overall tax rate(computed on tax on middle of income range) Over $ 10800 but not over $ 12900 $ 1203, plus 18.00% of excess over $ 10800 11.75% effective overall tax rate(computed on tax on middle of income range) Over $ 12900 but not over $ 15000 $ 1581, plus 20.00% of excess over $ 12900 12.84% effective overall tax rate(computed on tax on middle of income range) Over $ 15000 but not over $ 18200 $ 2001, plus 23.00% of excess over $ 15000 14.27% effective overall tax rate(computed on tax on middle of income range) Over $ 18200 but not over $ 23500 $ 2737, plus 26.00% of excess over $ 18200 16.43% effective overall tax rate(computed on tax on middle of income range) Over $ 23500 but not over $ 28800 $ 4115, plus 30.00% of excess over $ 23500 18.78% effective overall tax rate(computed on tax on middle of income range) Over $ 28800 but not over $ 34100 $ 5705, plus 34.00% of excess over $ 28800 21.00% effective overall tax rate(computed on tax on middle of income range) Over $ 34100 but not over $ 41500 $ 7507, plus 38.00% of excess over $ 34100 23.58% effective overall tax rate(computed on tax on middle of income range) Over $ 41500 but not over $ 55300 $ 10319, plus 42.00% of excess over $ 41500 27.31% effective overall tax rate(computed on tax on middle of income range) Over $ 55300 but not over $ 81800 $ 16115, plus 48.00% of excess over $ 55300 32.79% effective overall tax rate(computed on tax on middle of income range) Over $ 81800 ........................ $ 28835, plus 50.00% of excess over $ 81800 35.25% <=> 50.00% effective overall tax rate as income goes to infinity1984 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 2.274614212 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 5232 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 5232 but not over $ 7734 $ 0, plus 11.00% of excess over $ 5232 2.12% effective overall tax rate(computed on tax on middle of income range) Over $ 7734 but not over $ 10008 $ 275, plus 12.00% of excess over $ 7734 4.64% effective overall tax rate(computed on tax on middle of income range) Over $ 10008 but not over $ 14785 $ 548, plus 14.00% of excess over $ 10008 7.12% effective overall tax rate(computed on tax on middle of income range) Over $ 14785 but not over $ 19334 $ 1217, plus 15.00% of excess over $ 14785 9.13% effective overall tax rate(computed on tax on middle of income range) Over $ 19334 but not over $ 24566 $ 1899, plus 16.00% of excess over $ 19334 10.56% effective overall tax rate(computed on tax on middle of income range) Over $ 24566 but not over $ 29343 $ 2736, plus 18.00% of excess over $ 24566 11.75% effective overall tax rate(computed on tax on middle of income range) Over $ 29343 but not over $ 34119 $ 3596, plus 20.00% of excess over $ 29343 12.84% effective overall tax rate(computed on tax on middle of income range) Over $ 34119 but not over $ 41398 $ 4552, plus 23.00% of excess over $ 34119 14.27% effective overall tax rate(computed on tax on middle of income range) Over $ 41398 but not over $ 53453 $ 6226, plus 26.00% of excess over $ 41398 16.43% effective overall tax rate(computed on tax on middle of income range) Over $ 53453 but not over $ 65509 $ 9360, plus 30.00% of excess over $ 53453 18.78% effective overall tax rate(computed on tax on middle of income range) Over $ 65509 but not over $ 77564 $ 12977, plus 34.00% of excess over $ 65509 21.00% effective overall tax rate(computed on tax on middle of income range) Over $ 77564 but not over $ 94396 $ 17076, plus 38.00% of excess over $ 77564 23.58% effective overall tax rate(computed on tax on middle of income range) Over $ 94396 but not over $ 125786 $ 23472, plus 42.00% of excess over $ 94396 27.31% effective overall tax rate(computed on tax on middle of income range) Over $ 125786 but not over $ 186063 $ 36655, plus 48.00% of excess over $ 125786 32.79% effective overall tax rate(computed on tax on middle of income range) Over $ 186063 ........................ $ 65589, plus 50.00% of excess over $ 186063 35.25% <=> 50.00% effective overall tax rate as income goes to infinity
1984 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 547 2000 percentage of taxable income= 5.47% for tax year 1984 percentage of 1954 taxes 27.36% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2006 4049 percentage of taxable income= 10.03% for tax year 1984 percentage of 1954 taxes 49.54% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 3728 6249 percentage of taxable income= 12.43% for tax year 1984 percentage of 1954 taxes 59.66% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 5904 8643 percentage of taxable income= 14.76% for tax year 1984 percentage of 1954 taxes 68.31% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8462 11243 percentage of taxable income= 16.92% for tax year 1984 percentage of 1954 taxes 75.27% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 11324 14134 percentage of taxable income= 18.87% for tax year 1984 percentage of 1954 taxes 80.12% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14504 17134 percentage of taxable income= 20.72% for tax year 1984 percentage of 1954 taxes 84.65% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 18001 20523 percentage of taxable income= 22.50% for tax year 1984 percentage of 1954 taxes 87.71% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 21801 24009 percentage of taxable income= 24.22% for tax year 1984 percentage of 1954 taxes 90.80% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 25825 27809 percentage of taxable income= 25.83% for tax year 1984 percentage of 1954 taxes 92.87% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 48278 50400 percentage of taxable income= 32.19% for tax year 1984 percentage of 1954 taxes 95.79% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 72557 77586 percentage of taxable income= 36.28% for tax year 1984 percentage of 1954 taxes 93.52% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 97557 107734 percentage of taxable income= 39.02% for tax year 1984 percentage of 1954 taxes 90.55% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 122557 139299 percentage of taxable income= 40.85% for tax year 1984 percentage of 1954 taxes 87.98% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 147557 172445 percentage of taxable income= 42.16% for tax year 1984 percentage of 1954 taxes 85.57% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 172557 207348 percentage of taxable income= 43.14% for tax year 1984 percentage of 1954 taxes 83.22% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 197557 243670 percentage of taxable income= 43.90% for tax year 1984 percentage of 1954 taxes 81.08% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 222557 281170 percentage of taxable income= 44.51% for tax year 1984 percentage of 1954 taxes 79.15% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 272557 358356 percentage of taxable income= 45.43% for tax year 1984 percentage of 1954 taxes 76.06% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 322557 438906 percentage of taxable income= 46.08% for tax year 1984 percentage of 1954 taxes 73.49% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 372557 523100 percentage of taxable income= 46.57% for tax year 1984 percentage of 1954 taxes 71.22% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 422557 610528 percentage of taxable income= 46.95% for tax year 1984 percentage of 1954 taxes 69.21% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 472557 699528 percentage of taxable income= 47.26% for tax year 1984 percentage of 1954 taxes 67.55%
Not over $ 2390 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 2390 but not over $ 3540 $ 0, plus 11.00% of excess over $ 2390 2.13% effective overall tax rate(computed on tax on middle of income range) Over $ 3540 but not over $ 4580 $ 127, plus 12.00% of excess over $ 3540 4.65% effective overall tax rate(computed on tax on middle of income range) Over $ 4580 but not over $ 6760 $ 251, plus 14.00% of excess over $ 4580 7.12% effective overall tax rate(computed on tax on middle of income range) Over $ 6760 but not over $ 8850 $ 557, plus 15.00% of excess over $ 6760 9.14% effective overall tax rate(computed on tax on middle of income range) Over $ 8850 but not over $ 11240 $ 870, plus 16.00% of excess over $ 8850 10.56% effective overall tax rate(computed on tax on middle of income range) Over $ 11240 but not over $ 13430 $ 1252, plus 18.00% of excess over $ 11240 11.75% effective overall tax rate(computed on tax on middle of income range) Over $ 13430 but not over $ 15610 $ 1647, plus 20.00% of excess over $ 13430 12.84% effective overall tax rate(computed on tax on middle of income range) Over $ 15610 but not over $ 18940 $ 2083, plus 23.00% of excess over $ 15610 14.27% effective overall tax rate(computed on tax on middle of income range) Over $ 18940 but not over $ 24460 $ 2849, plus 26.00% of excess over $ 18940 16.43% effective overall tax rate(computed on tax on middle of income range) Over $ 24460 but not over $ 29970 $ 4284, plus 30.00% of excess over $ 24460 18.78% effective overall tax rate(computed on tax on middle of income range) Over $ 29970 but not over $ 35490 $ 5937, plus 34.00% of excess over $ 29970 21.01% effective overall tax rate(computed on tax on middle of income range) Over $ 35490 but not over $ 43190 $ 7814, plus 38.00% of excess over $ 35490 23.58% effective overall tax rate(computed on tax on middle of income range) Over $ 43190 but not over $ 57550 $ 10740, plus 42.00% of excess over $ 43190 27.31% effective overall tax rate(computed on tax on middle of income range) Over $ 57550 but not over $ 85130 $ 16771, plus 48.00% of excess over $ 57550 32.79% effective overall tax rate(computed on tax on middle of income range) Over $ 85130 ........................ $ 30009, plus 50.00% of excess over $ 85130 35.25% <=> 50.00% effective overall tax rate as income goes to infinity1985 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 2.196397924 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 5249 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 5249 but not over $ 7775 $ 0, plus 11.00% of excess over $ 5249 2.13% effective overall tax rate(computed on tax on middle of income range) Over $ 7775 but not over $ 10060 $ 278, plus 12.00% of excess over $ 7775 4.65% effective overall tax rate(computed on tax on middle of income range) Over $ 10060 but not over $ 14848 $ 552, plus 14.00% of excess over $ 10060 7.12% effective overall tax rate(computed on tax on middle of income range) Over $ 14848 but not over $ 19438 $ 1222, plus 15.00% of excess over $ 14848 9.14% effective overall tax rate(computed on tax on middle of income range) Over $ 19438 but not over $ 24688 $ 1911, plus 16.00% of excess over $ 19438 10.56% effective overall tax rate(computed on tax on middle of income range) Over $ 24688 but not over $ 29498 $ 2751, plus 18.00% of excess over $ 24688 11.75% effective overall tax rate(computed on tax on middle of income range) Over $ 29498 but not over $ 34286 $ 3617, plus 20.00% of excess over $ 29498 12.84% effective overall tax rate(computed on tax on middle of income range) Over $ 34286 but not over $ 41600 $ 4574, plus 23.00% of excess over $ 34286 14.27% effective overall tax rate(computed on tax on middle of income range) Over $ 41600 but not over $ 53724 $ 6256, plus 26.00% of excess over $ 41600 16.43% effective overall tax rate(computed on tax on middle of income range) Over $ 53724 but not over $ 65826 $ 9409, plus 30.00% of excess over $ 53724 18.78% effective overall tax rate(computed on tax on middle of income range) Over $ 65826 but not over $ 77950 $ 13039, plus 34.00% of excess over $ 65826 21.01% effective overall tax rate(computed on tax on middle of income range) Over $ 77950 but not over $ 94862 $ 17162, plus 38.00% of excess over $ 77950 23.58% effective overall tax rate(computed on tax on middle of income range) Over $ 94862 but not over $ 126403 $ 23588, plus 42.00% of excess over $ 94862 27.31% effective overall tax rate(computed on tax on middle of income range) Over $ 126403 but not over $ 186979 $ 36835, plus 48.00% of excess over $ 126403 32.79% effective overall tax rate(computed on tax on middle of income range) Over $ 186979 ........................ $ 65912, plus 50.00% of excess over $ 186979 35.25% <=> 50.00% effective overall tax rate as income goes to infinity
1985 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 545 2000 percentage of taxable income= 5.45% for tax year 1985 percentage of 1954 taxes 27.24% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2001 4049 percentage of taxable income= 10.00% for tax year 1985 percentage of 1954 taxes 49.42% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 3717 6249 percentage of taxable income= 12.39% for tax year 1985 percentage of 1954 taxes 59.49% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 5888 8643 percentage of taxable income= 14.72% for tax year 1985 percentage of 1954 taxes 68.13% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8440 11243 percentage of taxable income= 16.88% for tax year 1985 percentage of 1954 taxes 75.07% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 11292 14134 percentage of taxable income= 18.82% for tax year 1985 percentage of 1954 taxes 79.89% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14458 17134 percentage of taxable income= 20.65% for tax year 1985 percentage of 1954 taxes 84.38% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17940 20523 percentage of taxable income= 22.43% for tax year 1985 percentage of 1954 taxes 87.42% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 21740 24009 percentage of taxable income= 24.16% for tax year 1985 percentage of 1954 taxes 90.55% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 25746 27809 percentage of taxable income= 25.75% for tax year 1985 percentage of 1954 taxes 92.58% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 48162 50400 percentage of taxable income= 32.11% for tax year 1985 percentage of 1954 taxes 95.56% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 72422 77586 percentage of taxable income= 36.21% for tax year 1985 percentage of 1954 taxes 93.34% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 97422 107734 percentage of taxable income= 38.97% for tax year 1985 percentage of 1954 taxes 90.43% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 122422 139299 percentage of taxable income= 40.81% for tax year 1985 percentage of 1954 taxes 87.88% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 147422 172445 percentage of taxable income= 42.12% for tax year 1985 percentage of 1954 taxes 85.49% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 172422 207348 percentage of taxable income= 43.11% for tax year 1985 percentage of 1954 taxes 83.16% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 197422 243670 percentage of taxable income= 43.87% for tax year 1985 percentage of 1954 taxes 81.02% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 222422 281170 percentage of taxable income= 44.48% for tax year 1985 percentage of 1954 taxes 79.11% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 272422 358356 percentage of taxable income= 45.40% for tax year 1985 percentage of 1954 taxes 76.02% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 322422 438906 percentage of taxable income= 46.06% for tax year 1985 percentage of 1954 taxes 73.46% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 372422 523100 percentage of taxable income= 46.55% for tax year 1985 percentage of 1954 taxes 71.20% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 422422 610528 percentage of taxable income= 46.94% for tax year 1985 percentage of 1954 taxes 69.19% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 472422 699528 percentage of taxable income= 47.24% for tax year 1985 percentage of 1954 taxes 67.53%
Not over $ 2480 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 2480 but not over $ 3670 $ 0, plus 11.00% of excess over $ 2480 2.13% effective overall tax rate(computed on tax on middle of income range) Over $ 3670 but not over $ 4750 $ 131, plus 12.00% of excess over $ 3670 4.65% effective overall tax rate(computed on tax on middle of income range) Over $ 4750 but not over $ 7010 $ 261, plus 14.00% of excess over $ 4750 7.12% effective overall tax rate(computed on tax on middle of income range) Over $ 7010 but not over $ 9170 $ 577, plus 15.00% of excess over $ 7010 9.13% effective overall tax rate(computed on tax on middle of income range) Over $ 9170 but not over $ 11650 $ 901, plus 16.00% of excess over $ 9170 10.56% effective overall tax rate(computed on tax on middle of income range) Over $ 11650 but not over $ 13920 $ 1298, plus 18.00% of excess over $ 11650 11.75% effective overall tax rate(computed on tax on middle of income range) Over $ 13920 but not over $ 16190 $ 1706, plus 20.00% of excess over $ 13920 12.84% effective overall tax rate(computed on tax on middle of income range) Over $ 16190 but not over $ 19640 $ 2160, plus 23.00% of excess over $ 16190 14.27% effective overall tax rate(computed on tax on middle of income range) Over $ 19640 but not over $ 25360 $ 2954, plus 26.00% of excess over $ 19640 16.43% effective overall tax rate(computed on tax on middle of income range) Over $ 25360 but not over $ 31080 $ 4441, plus 30.00% of excess over $ 25360 18.78% effective overall tax rate(computed on tax on middle of income range) Over $ 31080 but not over $ 36800 $ 6157, plus 34.00% of excess over $ 31080 21.01% effective overall tax rate(computed on tax on middle of income range) Over $ 36800 but not over $ 44780 $ 8102, plus 38.00% of excess over $ 36800 23.58% effective overall tax rate(computed on tax on middle of income range) Over $ 44780 but not over $ 59670 $ 11134, plus 42.00% of excess over $ 44780 27.31% effective overall tax rate(computed on tax on middle of income range) Over $ 59670 but not over $ 88270 $ 17388, plus 48.00% of excess over $ 59670 32.79% effective overall tax rate(computed on tax on middle of income range) Over $ 88270 ........................ $ 31116, plus 50.00% of excess over $ 88270 35.25% <=> 50.00% effective overall tax rate as income goes to infinity1986 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 2.156317670 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 5348 ................................... 0.00% of the taxable income 0.00% effective overall tax rate Over $ 5348 but not over $ 7914 $ 0, plus 11.00% of excess over $ 5348 2.13% effective overall tax rate(computed on tax on middle of income range) Over $ 7914 but not over $ 10243 $ 282, plus 12.00% of excess over $ 7914 4.65% effective overall tax rate(computed on tax on middle of income range) Over $ 10243 but not over $ 15116 $ 562, plus 14.00% of excess over $ 10243 7.12% effective overall tax rate(computed on tax on middle of income range) Over $ 15116 but not over $ 19773 $ 1244, plus 15.00% of excess over $ 15116 9.13% effective overall tax rate(computed on tax on middle of income range) Over $ 19773 but not over $ 25121 $ 1943, plus 16.00% of excess over $ 19773 10.56% effective overall tax rate(computed on tax on middle of income range) Over $ 25121 but not over $ 30016 $ 2798, plus 18.00% of excess over $ 25121 11.75% effective overall tax rate(computed on tax on middle of income range) Over $ 30016 but not over $ 34911 $ 3679, plus 20.00% of excess over $ 30016 12.84% effective overall tax rate(computed on tax on middle of income range) Over $ 34911 but not over $ 42350 $ 4658, plus 23.00% of excess over $ 34911 14.27% effective overall tax rate(computed on tax on middle of income range) Over $ 42350 but not over $ 54684 $ 6369, plus 26.00% of excess over $ 42350 16.43% effective overall tax rate(computed on tax on middle of income range) Over $ 54684 but not over $ 67018 $ 9576, plus 30.00% of excess over $ 54684 18.78% effective overall tax rate(computed on tax on middle of income range) Over $ 67018 but not over $ 79352 $ 13276, plus 34.00% of excess over $ 67018 21.01% effective overall tax rate(computed on tax on middle of income range) Over $ 79352 but not over $ 96560 $ 17470, plus 38.00% of excess over $ 79352 23.58% effective overall tax rate(computed on tax on middle of income range) Over $ 96560 but not over $ 128667 $ 24009, plus 42.00% of excess over $ 96560 27.31% effective overall tax rate(computed on tax on middle of income range) Over $ 128667 but not over $ 190338 $ 37494, plus 48.00% of excess over $ 128667 32.79% effective overall tax rate(computed on tax on middle of income range) Over $ 190338 ........................ $ 67096, plus 50.00% of excess over $ 190338 35.25% <=> 50.00% effective overall tax rate as income goes to infinity
1986 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 533 2000 percentage of taxable income= 5.33% for tax year 1986 percentage of 1954 taxes 26.63% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 1979 4049 percentage of taxable income= 9.89% for tax year 1986 percentage of 1954 taxes 48.88% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 3676 6249 percentage of taxable income= 12.25% for tax year 1986 percentage of 1954 taxes 58.84% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 5829 8643 percentage of taxable income= 14.57% for tax year 1986 percentage of 1954 taxes 67.44% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8358 11243 percentage of taxable income= 16.72% for tax year 1986 percentage of 1954 taxes 74.34% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 11171 14134 percentage of taxable income= 18.62% for tax year 1986 percentage of 1954 taxes 79.03% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14290 17134 percentage of taxable income= 20.41% for tax year 1986 percentage of 1954 taxes 83.40% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17716 20523 percentage of taxable income= 22.15% for tax year 1986 percentage of 1954 taxes 86.32% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 21516 24009 percentage of taxable income= 23.91% for tax year 1986 percentage of 1954 taxes 89.62% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 25454 27809 percentage of taxable income= 25.45% for tax year 1986 percentage of 1954 taxes 91.53% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 47734 50400 percentage of taxable income= 31.82% for tax year 1986 percentage of 1954 taxes 94.71% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 71927 77586 percentage of taxable income= 35.96% for tax year 1986 percentage of 1954 taxes 92.71% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 96927 107734 percentage of taxable income= 38.77% for tax year 1986 percentage of 1954 taxes 89.97% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 121927 139299 percentage of taxable income= 40.64% for tax year 1986 percentage of 1954 taxes 87.53% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 146927 172445 percentage of taxable income= 41.98% for tax year 1986 percentage of 1954 taxes 85.20% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 171927 207348 percentage of taxable income= 42.98% for tax year 1986 percentage of 1954 taxes 82.92% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 196927 243670 percentage of taxable income= 43.76% for tax year 1986 percentage of 1954 taxes 80.82% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 221927 281170 percentage of taxable income= 44.39% for tax year 1986 percentage of 1954 taxes 78.93% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 271927 358356 percentage of taxable income= 45.32% for tax year 1986 percentage of 1954 taxes 75.88% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 321927 438906 percentage of taxable income= 45.99% for tax year 1986 percentage of 1954 taxes 73.35% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 371927 523100 percentage of taxable income= 46.49% for tax year 1986 percentage of 1954 taxes 71.10% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 421927 610528 percentage of taxable income= 46.88% for tax year 1986 percentage of 1954 taxes 69.11% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 471927 699528 percentage of taxable income= 47.19% for tax year 1986 percentage of 1954 taxes 67.46%
Not over $ 1800 ................................... 11.00% of the taxable income 11.00% effective overall tax rate Over $ 1800 but not over $ 16800 $ 198, plus 15.00% of excess over $ 1800 14.23% effective overall tax rate(computed on tax on middle of income range) Over $ 16800 but not over $ 27000 $ 2448, plus 28.00% of excess over $ 16800 17.70% effective overall tax rate(computed on tax on middle of income range) Over $ 27000 but not over $ 54000 $ 5304, plus 35.00% of excess over $ 27000 24.76% effective overall tax rate(computed on tax on middle of income range) Over $ 54000 ........................ $ 14754, plus 38.50% of excess over $ 54000 27.32% <=> 38.50% effective overall tax rate as income goes to infinity1987 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 2.080390992 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 3745 ................................... 11.00% of the taxable income 11.00% effective overall tax rate Over $ 3745 but not over $ 34951 $ 412, plus 15.00% of excess over $ 3745 14.23% effective overall tax rate(computed on tax on middle of income range) Over $ 34951 but not over $ 56171 $ 5093, plus 28.00% of excess over $ 34951 17.70% effective overall tax rate(computed on tax on middle of income range) Over $ 56171 but not over $ 112341 $ 11034, plus 35.00% of excess over $ 56171 24.76% effective overall tax rate(computed on tax on middle of income range) Over $ 112341 ........................ $ 30694, plus 38.50% of excess over $ 112341 27.32% <=> 38.50% effective overall tax rate as income goes to infinity
1987 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1350 2000 percentage of taxable income= 13.50% for tax year 1987 percentage of 1954 taxes 67.51% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2850 4049 percentage of taxable income= 14.25% for tax year 1987 percentage of 1954 taxes 70.40% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4350 6249 percentage of taxable income= 14.50% for tax year 1987 percentage of 1954 taxes 69.62% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6507 8643 percentage of taxable income= 16.27% for tax year 1987 percentage of 1954 taxes 75.28% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9307 11243 percentage of taxable income= 18.61% for tax year 1987 percentage of 1954 taxes 82.78% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12375 14134 percentage of taxable income= 20.62% for tax year 1987 percentage of 1954 taxes 87.55% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15875 17134 percentage of taxable income= 22.68% for tax year 1987 percentage of 1954 taxes 92.65% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 19375 20523 percentage of taxable income= 24.22% for tax year 1987 percentage of 1954 taxes 94.41% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 22875 24009 percentage of taxable income= 25.42% for tax year 1987 percentage of 1954 taxes 95.28% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 26375 27809 percentage of taxable income= 26.37% for tax year 1987 percentage of 1954 taxes 94.84% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 45193 50400 percentage of taxable income= 30.13% for tax year 1987 percentage of 1954 taxes 89.67% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 64443 77586 percentage of taxable income= 32.22% for tax year 1987 percentage of 1954 taxes 83.06% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 83693 107734 percentage of taxable income= 33.48% for tax year 1987 percentage of 1954 taxes 77.68% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 102943 139299 percentage of taxable income= 34.31% for tax year 1987 percentage of 1954 taxes 73.90% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 122193 172445 percentage of taxable income= 34.91% for tax year 1987 percentage of 1954 taxes 70.86% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 141443 207348 percentage of taxable income= 35.36% for tax year 1987 percentage of 1954 taxes 68.22% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 160693 243670 percentage of taxable income= 35.71% for tax year 1987 percentage of 1954 taxes 65.95% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 179943 281170 percentage of taxable income= 35.99% for tax year 1987 percentage of 1954 taxes 64.00% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 218443 358356 percentage of taxable income= 36.41% for tax year 1987 percentage of 1954 taxes 60.96% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 256943 438906 percentage of taxable income= 36.71% for tax year 1987 percentage of 1954 taxes 58.54% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 295443 523100 percentage of taxable income= 36.93% for tax year 1987 percentage of 1954 taxes 56.48% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 333943 610528 percentage of taxable income= 37.10% for tax year 1987 percentage of 1954 taxes 54.70% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 372443 699528 percentage of taxable income= 37.24% for tax year 1987 percentage of 1954 taxes 53.24%
Not over $ 17850 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 17850 ........................ $ 2678, plus 28.00% of excess over $ 17850 15.00% <=> 28.00% effective overall tax rate as income goes to infinity1988 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.997738095 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 35660 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 35660 ........................ $ 5349, plus 28.00% of excess over $ 35660 15.00% <=> 28.00% effective overall tax rate as income goes to infinity
1988 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 1988 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 1988 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 1988 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6564 8643 percentage of taxable income= 16.41% for tax year 1988 percentage of 1954 taxes 75.95% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9364 11243 percentage of taxable income= 18.73% for tax year 1988 percentage of 1954 taxes 83.29% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12164 14134 percentage of taxable income= 20.27% for tax year 1988 percentage of 1954 taxes 86.06% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14964 17134 percentage of taxable income= 21.38% for tax year 1988 percentage of 1954 taxes 87.33% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17764 20523 percentage of taxable income= 22.21% for tax year 1988 percentage of 1954 taxes 86.56% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20564 24009 percentage of taxable income= 22.85% for tax year 1988 percentage of 1954 taxes 85.65% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23364 27809 percentage of taxable income= 23.36% for tax year 1988 percentage of 1954 taxes 84.02% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 37364 50400 percentage of taxable income= 24.91% for tax year 1988 percentage of 1954 taxes 74.13% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 51364 77586 percentage of taxable income= 25.68% for tax year 1988 percentage of 1954 taxes 66.20% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 65364 107734 percentage of taxable income= 26.15% for tax year 1988 percentage of 1954 taxes 60.67% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 79364 139299 percentage of taxable income= 26.45% for tax year 1988 percentage of 1954 taxes 56.97% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 93364 172445 percentage of taxable income= 26.68% for tax year 1988 percentage of 1954 taxes 54.14% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 107364 207348 percentage of taxable income= 26.84% for tax year 1988 percentage of 1954 taxes 51.78% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 121364 243670 percentage of taxable income= 26.97% for tax year 1988 percentage of 1954 taxes 49.81% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 135364 281170 percentage of taxable income= 27.07% for tax year 1988 percentage of 1954 taxes 48.14% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 163364 358356 percentage of taxable income= 27.23% for tax year 1988 percentage of 1954 taxes 45.59% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 191364 438906 percentage of taxable income= 27.34% for tax year 1988 percentage of 1954 taxes 43.60% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 219364 523100 percentage of taxable income= 27.42% for tax year 1988 percentage of 1954 taxes 41.94% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 247364 610528 percentage of taxable income= 27.48% for tax year 1988 percentage of 1954 taxes 40.52% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 275364 699528 percentage of taxable income= 27.54% for tax year 1988 percentage of 1954 taxes 39.36%
Not over $ 18550 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 18550 ........................ $ 2783, plus 28.00% of excess over $ 18550 15.00% <=> 28.00% effective overall tax rate as income goes to infinity1989 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.905906586 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 35355 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 35355 ........................ $ 5303, plus 28.00% of excess over $ 35355 15.00% <=> 28.00% effective overall tax rate as income goes to infinity
1989 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 1989 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 1989 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 1989 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6604 8643 percentage of taxable income= 16.51% for tax year 1989 percentage of 1954 taxes 76.41% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9404 11243 percentage of taxable income= 18.81% for tax year 1989 percentage of 1954 taxes 83.64% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12204 14134 percentage of taxable income= 20.34% for tax year 1989 percentage of 1954 taxes 86.34% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15004 17134 percentage of taxable income= 21.43% for tax year 1989 percentage of 1954 taxes 87.57% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17804 20523 percentage of taxable income= 22.25% for tax year 1989 percentage of 1954 taxes 86.75% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20604 24009 percentage of taxable income= 22.89% for tax year 1989 percentage of 1954 taxes 85.82% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23404 27809 percentage of taxable income= 23.40% for tax year 1989 percentage of 1954 taxes 84.16% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 37404 50400 percentage of taxable income= 24.94% for tax year 1989 percentage of 1954 taxes 74.21% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 51404 77586 percentage of taxable income= 25.70% for tax year 1989 percentage of 1954 taxes 66.25% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 65404 107734 percentage of taxable income= 26.16% for tax year 1989 percentage of 1954 taxes 60.71% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 79404 139299 percentage of taxable income= 26.47% for tax year 1989 percentage of 1954 taxes 57.00% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 93404 172445 percentage of taxable income= 26.69% for tax year 1989 percentage of 1954 taxes 54.16% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 107404 207348 percentage of taxable income= 26.85% for tax year 1989 percentage of 1954 taxes 51.80% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 121404 243670 percentage of taxable income= 26.98% for tax year 1989 percentage of 1954 taxes 49.82% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 135404 281170 percentage of taxable income= 27.08% for tax year 1989 percentage of 1954 taxes 48.16% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 163404 358356 percentage of taxable income= 27.23% for tax year 1989 percentage of 1954 taxes 45.60% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 191404 438906 percentage of taxable income= 27.34% for tax year 1989 percentage of 1954 taxes 43.61% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 219404 523100 percentage of taxable income= 27.43% for tax year 1989 percentage of 1954 taxes 41.94% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 247404 610528 percentage of taxable income= 27.49% for tax year 1989 percentage of 1954 taxes 40.52% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 275404 699528 percentage of taxable income= 27.54% for tax year 1989 percentage of 1954 taxes 39.37%
Not over $ 19450 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 19450 ........................ $ 2918, plus 28.00% of excess over $ 19450 15.00% <=> 28.00% effective overall tax rate as income goes to infinity1990 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.808205177 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 35170 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 35170 ........................ $ 5275, plus 28.00% of excess over $ 35170 15.00% <=> 28.00% effective overall tax rate as income goes to infinity
1990 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 1990 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 1990 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 1990 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6628 8643 percentage of taxable income= 16.57% for tax year 1990 percentage of 1954 taxes 76.69% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9428 11243 percentage of taxable income= 18.86% for tax year 1990 percentage of 1954 taxes 83.86% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12228 14134 percentage of taxable income= 20.38% for tax year 1990 percentage of 1954 taxes 86.51% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15028 17134 percentage of taxable income= 21.47% for tax year 1990 percentage of 1954 taxes 87.71% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17828 20523 percentage of taxable income= 22.28% for tax year 1990 percentage of 1954 taxes 86.87% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20628 24009 percentage of taxable income= 22.92% for tax year 1990 percentage of 1954 taxes 85.92% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23428 27809 percentage of taxable income= 23.43% for tax year 1990 percentage of 1954 taxes 84.25% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 37428 50400 percentage of taxable income= 24.95% for tax year 1990 percentage of 1954 taxes 74.26% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 51428 77586 percentage of taxable income= 25.71% for tax year 1990 percentage of 1954 taxes 66.28% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 65428 107734 percentage of taxable income= 26.17% for tax year 1990 percentage of 1954 taxes 60.73% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 79428 139299 percentage of taxable income= 26.48% for tax year 1990 percentage of 1954 taxes 57.02% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 93428 172445 percentage of taxable income= 26.69% for tax year 1990 percentage of 1954 taxes 54.18% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 107428 207348 percentage of taxable income= 26.86% for tax year 1990 percentage of 1954 taxes 51.81% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 121428 243670 percentage of taxable income= 26.98% for tax year 1990 percentage of 1954 taxes 49.83% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 135428 281170 percentage of taxable income= 27.09% for tax year 1990 percentage of 1954 taxes 48.17% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 163428 358356 percentage of taxable income= 27.24% for tax year 1990 percentage of 1954 taxes 45.60% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 191428 438906 percentage of taxable income= 27.35% for tax year 1990 percentage of 1954 taxes 43.61% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 219428 523100 percentage of taxable income= 27.43% for tax year 1990 percentage of 1954 taxes 41.95% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 247428 610528 percentage of taxable income= 27.49% for tax year 1990 percentage of 1954 taxes 40.53% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 275428 699528 percentage of taxable income= 27.54% for tax year 1990 percentage of 1954 taxes 39.37%
Not over $ 20350 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 20350 but not over $ 49300 $ 3053, plus 28.00% of excess over $ 20350 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 49300 ........................ $ 11159, plus 31.00% of excess over $ 49300 22.63% <=> 31.00% effective overall tax rate as income goes to infinity1991 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.735186613 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 35311 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 35311 but not over $ 85545 $ 5297, plus 28.00% of excess over $ 35311 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 85545 ........................ $ 19362, plus 31.00% of excess over $ 85545 22.63% <=> 31.00% effective overall tax rate as income goes to infinity
1991 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 1991 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 1991 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 1991 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6610 8643 percentage of taxable income= 16.52% for tax year 1991 percentage of 1954 taxes 76.47% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9410 11243 percentage of taxable income= 18.82% for tax year 1991 percentage of 1954 taxes 83.69% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12210 14134 percentage of taxable income= 20.35% for tax year 1991 percentage of 1954 taxes 86.38% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 15010 17134 percentage of taxable income= 21.44% for tax year 1991 percentage of 1954 taxes 87.60% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17810 20523 percentage of taxable income= 22.26% for tax year 1991 percentage of 1954 taxes 86.78% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20743 24009 percentage of taxable income= 23.05% for tax year 1991 percentage of 1954 taxes 86.40% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23843 27809 percentage of taxable income= 23.84% for tax year 1991 percentage of 1954 taxes 85.74% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 39343 50400 percentage of taxable income= 26.23% for tax year 1991 percentage of 1954 taxes 78.06% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 54843 77586 percentage of taxable income= 27.42% for tax year 1991 percentage of 1954 taxes 70.69% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 70343 107734 percentage of taxable income= 28.14% for tax year 1991 percentage of 1954 taxes 65.29% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 85843 139299 percentage of taxable income= 28.61% for tax year 1991 percentage of 1954 taxes 61.62% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 101343 172445 percentage of taxable income= 28.96% for tax year 1991 percentage of 1954 taxes 58.77% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 116843 207348 percentage of taxable income= 29.21% for tax year 1991 percentage of 1954 taxes 56.35% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 132343 243670 percentage of taxable income= 29.41% for tax year 1991 percentage of 1954 taxes 54.31% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 147843 281170 percentage of taxable income= 29.57% for tax year 1991 percentage of 1954 taxes 52.58% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 178843 358356 percentage of taxable income= 29.81% for tax year 1991 percentage of 1954 taxes 49.91% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 209843 438906 percentage of taxable income= 29.98% for tax year 1991 percentage of 1954 taxes 47.81% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 240843 523100 percentage of taxable income= 30.11% for tax year 1991 percentage of 1954 taxes 46.04% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 271843 610528 percentage of taxable income= 30.20% for tax year 1991 percentage of 1954 taxes 44.53% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 302843 699528 percentage of taxable income= 30.28% for tax year 1991 percentage of 1954 taxes 43.29%
Not over $ 21450 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 21450 but not over $ 51900 $ 3218, plus 28.00% of excess over $ 21450 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 51900 ........................ $ 11744, plus 31.00% of excess over $ 51900 22.63% <=> 31.00% effective overall tax rate as income goes to infinity1992 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.684479093 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 36132 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 36132 but not over $ 87424 $ 5420, plus 28.00% of excess over $ 36132 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 87424 ........................ $ 19782, plus 31.00% of excess over $ 87424 22.63% <=> 31.00% effective overall tax rate as income goes to infinity
1992 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 1992 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 1992 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 1992 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6503 8643 percentage of taxable income= 16.26% for tax year 1992 percentage of 1954 taxes 75.24% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9303 11243 percentage of taxable income= 18.61% for tax year 1992 percentage of 1954 taxes 82.74% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12103 14134 percentage of taxable income= 20.17% for tax year 1992 percentage of 1954 taxes 85.63% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14903 17134 percentage of taxable income= 21.29% for tax year 1992 percentage of 1954 taxes 86.98% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17703 20523 percentage of taxable income= 22.13% for tax year 1992 percentage of 1954 taxes 86.26% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20580 24009 percentage of taxable income= 22.87% for tax year 1992 percentage of 1954 taxes 85.72% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23680 27809 percentage of taxable income= 23.68% for tax year 1992 percentage of 1954 taxes 85.15% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 39180 50400 percentage of taxable income= 26.12% for tax year 1992 percentage of 1954 taxes 77.74% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 54680 77586 percentage of taxable income= 27.34% for tax year 1992 percentage of 1954 taxes 70.48% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 70180 107734 percentage of taxable income= 28.07% for tax year 1992 percentage of 1954 taxes 65.14% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 85680 139299 percentage of taxable income= 28.56% for tax year 1992 percentage of 1954 taxes 61.51% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 101180 172445 percentage of taxable income= 28.91% for tax year 1992 percentage of 1954 taxes 58.67% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 116680 207348 percentage of taxable income= 29.17% for tax year 1992 percentage of 1954 taxes 56.27% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 132180 243670 percentage of taxable income= 29.37% for tax year 1992 percentage of 1954 taxes 54.25% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 147680 281170 percentage of taxable income= 29.54% for tax year 1992 percentage of 1954 taxes 52.52% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 178680 358356 percentage of taxable income= 29.78% for tax year 1992 percentage of 1954 taxes 49.86% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 209680 438906 percentage of taxable income= 29.95% for tax year 1992 percentage of 1954 taxes 47.77% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 240680 523100 percentage of taxable income= 30.09% for tax year 1992 percentage of 1954 taxes 46.01% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 271680 610528 percentage of taxable income= 30.19% for tax year 1992 percentage of 1954 taxes 44.50% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 302680 699528 percentage of taxable income= 30.27% for tax year 1992 percentage of 1954 taxes 43.27%
Not over $ 22100 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 22100 but not over $ 53500 $ 3315, plus 28.00% of excess over $ 22100 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 53500 but not over $ 115000 $ 12107, plus 31.00% of excess over $ 53500 25.68% effective overall tax rate(computed on tax on middle of income range) Over $ 115000 but not over $ 250000 $ 31172, plus 36.00% of excess over $ 115000 30.40% effective overall tax rate(computed on tax on middle of income range) Over $ 250000 ........................ $ 79772, plus 39.60% of excess over $ 250000 31.91% <=> 39.60% effective overall tax rate as income goes to infinity1993 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.635518454 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 36145 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 36145 but not over $ 87500 $ 5422, plus 28.00% of excess over $ 36145 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 87500 but not over $ 188085 $ 19801, plus 31.00% of excess over $ 87500 25.68% effective overall tax rate(computed on tax on middle of income range) Over $ 188085 but not over $ 408880 $ 50982, plus 36.00% of excess over $ 188085 30.40% effective overall tax rate(computed on tax on middle of income range) Over $ 408880 ........................ $ 130469, plus 39.60% of excess over $ 408880 31.91% <=> 39.60% effective overall tax rate as income goes to infinity
1993 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 1993 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 1993 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 1993 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6501 8643 percentage of taxable income= 16.25% for tax year 1993 percentage of 1954 taxes 75.22% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9301 11243 percentage of taxable income= 18.60% for tax year 1993 percentage of 1954 taxes 82.73% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12101 14134 percentage of taxable income= 20.17% for tax year 1993 percentage of 1954 taxes 85.62% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14901 17134 percentage of taxable income= 21.29% for tax year 1993 percentage of 1954 taxes 86.97% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17701 20523 percentage of taxable income= 22.13% for tax year 1993 percentage of 1954 taxes 86.25% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20576 24009 percentage of taxable income= 22.86% for tax year 1993 percentage of 1954 taxes 85.70% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23676 27809 percentage of taxable income= 23.68% for tax year 1993 percentage of 1954 taxes 85.14% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 39176 50400 percentage of taxable income= 26.12% for tax year 1993 percentage of 1954 taxes 77.73% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 55272 77586 percentage of taxable income= 27.64% for tax year 1993 percentage of 1954 taxes 71.24% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 73272 107734 percentage of taxable income= 29.31% for tax year 1993 percentage of 1954 taxes 68.01% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 91272 139299 percentage of taxable income= 30.42% for tax year 1993 percentage of 1954 taxes 65.52% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 109272 172445 percentage of taxable income= 31.22% for tax year 1993 percentage of 1954 taxes 63.37% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 127272 207348 percentage of taxable income= 31.82% for tax year 1993 percentage of 1954 taxes 61.38% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 146752 243670 percentage of taxable income= 32.61% for tax year 1993 percentage of 1954 taxes 60.23% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 166552 281170 percentage of taxable income= 33.31% for tax year 1993 percentage of 1954 taxes 59.24% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 206152 358356 percentage of taxable income= 34.36% for tax year 1993 percentage of 1954 taxes 57.53% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 245752 438906 percentage of taxable income= 35.11% for tax year 1993 percentage of 1954 taxes 55.99% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 285352 523100 percentage of taxable income= 35.67% for tax year 1993 percentage of 1954 taxes 54.55% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 324952 610528 percentage of taxable income= 36.11% for tax year 1993 percentage of 1954 taxes 53.22% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 364552 699528 percentage of taxable income= 36.46% for tax year 1993 percentage of 1954 taxes 52.11%
Not over $ 22750 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 22750 but not over $ 55100 $ 3413, plus 28.00% of excess over $ 22750 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 55100 but not over $ 115000 $ 12471, plus 31.00% of excess over $ 55100 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 115000 but not over $ 250000 $ 31040, plus 36.00% of excess over $ 115000 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 250000 ........................ $ 79640, plus 39.60% of excess over $ 250000 31.86% <=> 39.60% effective overall tax rate as income goes to infinity1994 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.594685673 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 36279 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 36279 but not over $ 87867 $ 5442, plus 28.00% of excess over $ 36279 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 87867 but not over $ 183389 $ 19887, plus 31.00% of excess over $ 87867 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 183389 but not over $ 398671 $ 49498, plus 36.00% of excess over $ 183389 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 398671 ........................ $ 127000, plus 39.60% of excess over $ 398671 31.86% <=> 39.60% effective overall tax rate as income goes to infinity
1994 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 1994 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 1994 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 1994 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6484 8643 percentage of taxable income= 16.21% for tax year 1994 percentage of 1954 taxes 75.02% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9284 11243 percentage of taxable income= 18.57% for tax year 1994 percentage of 1954 taxes 82.57% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12084 14134 percentage of taxable income= 20.14% for tax year 1994 percentage of 1954 taxes 85.49% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14884 17134 percentage of taxable income= 21.26% for tax year 1994 percentage of 1954 taxes 86.86% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17684 20523 percentage of taxable income= 22.10% for tax year 1994 percentage of 1954 taxes 86.17% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20548 24009 percentage of taxable income= 22.83% for tax year 1994 percentage of 1954 taxes 85.58% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23648 27809 percentage of taxable income= 23.65% for tax year 1994 percentage of 1954 taxes 85.04% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 39148 50400 percentage of taxable income= 26.10% for tax year 1994 percentage of 1954 taxes 77.67% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 55478 77586 percentage of taxable income= 27.74% for tax year 1994 percentage of 1954 taxes 71.51% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 73478 107734 percentage of taxable income= 29.39% for tax year 1994 percentage of 1954 taxes 68.20% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 91478 139299 percentage of taxable income= 30.49% for tax year 1994 percentage of 1954 taxes 65.67% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 109478 172445 percentage of taxable income= 31.28% for tax year 1994 percentage of 1954 taxes 63.49% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 127526 207348 percentage of taxable income= 31.88% for tax year 1994 percentage of 1954 taxes 61.50% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 147326 243670 percentage of taxable income= 32.74% for tax year 1994 percentage of 1954 taxes 60.46% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 167126 281170 percentage of taxable income= 33.43% for tax year 1994 percentage of 1954 taxes 59.44% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 206726 358356 percentage of taxable income= 34.45% for tax year 1994 percentage of 1954 taxes 57.69% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 246326 438906 percentage of taxable income= 35.19% for tax year 1994 percentage of 1954 taxes 56.12% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 285926 523100 percentage of taxable income= 35.74% for tax year 1994 percentage of 1954 taxes 54.66% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 325526 610528 percentage of taxable income= 36.17% for tax year 1994 percentage of 1954 taxes 53.32% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 365126 699528 percentage of taxable income= 36.51% for tax year 1994 percentage of 1954 taxes 52.20%
Not over $ 23350 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 23350 but not over $ 56550 $ 3503, plus 28.00% of excess over $ 23350 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 56550 but not over $ 117950 $ 12799, plus 31.00% of excess over $ 56550 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 117950 but not over $ 256500 $ 31833, plus 36.00% of excess over $ 117950 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 256500 ........................ $ 81711, plus 39.60% of excess over $ 256500 31.86% <=> 39.60% effective overall tax rate as income goes to infinity1995 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.550737642 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 36210 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 36210 but not over $ 87694 $ 5431, plus 28.00% of excess over $ 36210 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 87694 but not over $ 182910 $ 19847, plus 31.00% of excess over $ 87694 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 182910 but not over $ 397764 $ 49364, plus 36.00% of excess over $ 182910 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 397764 ........................ $ 126712, plus 39.60% of excess over $ 397764 31.86% <=> 39.60% effective overall tax rate as income goes to infinity
1995 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 1995 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 1995 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 1995 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6493 8643 percentage of taxable income= 16.23% for tax year 1995 percentage of 1954 taxes 75.12% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9293 11243 percentage of taxable income= 18.59% for tax year 1995 percentage of 1954 taxes 82.65% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12093 14134 percentage of taxable income= 20.15% for tax year 1995 percentage of 1954 taxes 85.56% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14893 17134 percentage of taxable income= 21.28% for tax year 1995 percentage of 1954 taxes 86.92% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17693 20523 percentage of taxable income= 22.12% for tax year 1995 percentage of 1954 taxes 86.21% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20562 24009 percentage of taxable income= 22.85% for tax year 1995 percentage of 1954 taxes 85.64% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23662 27809 percentage of taxable income= 23.66% for tax year 1995 percentage of 1954 taxes 85.09% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 39162 50400 percentage of taxable income= 26.11% for tax year 1995 percentage of 1954 taxes 77.70% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 55516 77586 percentage of taxable income= 27.76% for tax year 1995 percentage of 1954 taxes 71.55% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 73516 107734 percentage of taxable income= 29.41% for tax year 1995 percentage of 1954 taxes 68.24% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 91516 139299 percentage of taxable income= 30.51% for tax year 1995 percentage of 1954 taxes 65.70% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 109516 172445 percentage of taxable income= 31.29% for tax year 1995 percentage of 1954 taxes 63.51% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 127597 207348 percentage of taxable income= 31.90% for tax year 1995 percentage of 1954 taxes 61.54% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 147397 243670 percentage of taxable income= 32.75% for tax year 1995 percentage of 1954 taxes 60.49% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 167197 281170 percentage of taxable income= 33.44% for tax year 1995 percentage of 1954 taxes 59.46% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 206797 358356 percentage of taxable income= 34.47% for tax year 1995 percentage of 1954 taxes 57.71% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 246397 438906 percentage of taxable income= 35.20% for tax year 1995 percentage of 1954 taxes 56.14% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 285997 523100 percentage of taxable income= 35.75% for tax year 1995 percentage of 1954 taxes 54.67% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 325597 610528 percentage of taxable income= 36.18% for tax year 1995 percentage of 1954 taxes 53.33% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 365197 699528 percentage of taxable income= 36.52% for tax year 1995 percentage of 1954 taxes 52.21%
Not over $ 24000 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 24000 but not over $ 58150 $ 3600, plus 28.00% of excess over $ 24000 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 58150 but not over $ 121300 $ 13162, plus 31.00% of excess over $ 58150 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 121300 but not over $ 263750 $ 32739, plus 36.00% of excess over $ 121300 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 263750 ........................ $ 84021, plus 39.60% of excess over $ 263750 31.86% <=> 39.60% effective overall tax rate as income goes to infinity1996 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.506261419 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 36150 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 36150 but not over $ 87589 $ 5423, plus 28.00% of excess over $ 36150 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 87589 but not over $ 182710 $ 19825, plus 31.00% of excess over $ 87589 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 182710 but not over $ 397276 $ 49313, plus 36.00% of excess over $ 182710 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 397276 ........................ $ 126557, plus 39.60% of excess over $ 397276 31.86% <=> 39.60% effective overall tax rate as income goes to infinity
1996 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 1996 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 1996 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 1996 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6500 8643 percentage of taxable income= 16.25% for tax year 1996 percentage of 1954 taxes 75.21% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9300 11243 percentage of taxable income= 18.60% for tax year 1996 percentage of 1954 taxes 82.72% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12100 14134 percentage of taxable income= 20.17% for tax year 1996 percentage of 1954 taxes 85.61% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14900 17134 percentage of taxable income= 21.29% for tax year 1996 percentage of 1954 taxes 86.96% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17700 20523 percentage of taxable income= 22.13% for tax year 1996 percentage of 1954 taxes 86.25% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20573 24009 percentage of taxable income= 22.86% for tax year 1996 percentage of 1954 taxes 85.69% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23673 27809 percentage of taxable income= 23.67% for tax year 1996 percentage of 1954 taxes 85.13% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 39173 50400 percentage of taxable income= 26.12% for tax year 1996 percentage of 1954 taxes 77.72% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 55537 77586 percentage of taxable income= 27.77% for tax year 1996 percentage of 1954 taxes 71.58% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 73537 107734 percentage of taxable income= 29.41% for tax year 1996 percentage of 1954 taxes 68.26% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 91537 139299 percentage of taxable income= 30.51% for tax year 1996 percentage of 1954 taxes 65.71% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 109537 172445 percentage of taxable income= 31.30% for tax year 1996 percentage of 1954 taxes 63.52% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 127635 207348 percentage of taxable income= 31.91% for tax year 1996 percentage of 1954 taxes 61.56% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 147435 243670 percentage of taxable income= 32.76% for tax year 1996 percentage of 1954 taxes 60.51% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 167235 281170 percentage of taxable income= 33.45% for tax year 1996 percentage of 1954 taxes 59.48% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 206835 358356 percentage of taxable income= 34.47% for tax year 1996 percentage of 1954 taxes 57.72% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 246435 438906 percentage of taxable income= 35.21% for tax year 1996 percentage of 1954 taxes 56.15% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 286035 523100 percentage of taxable income= 35.75% for tax year 1996 percentage of 1954 taxes 54.68% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 325635 610528 percentage of taxable income= 36.18% for tax year 1996 percentage of 1954 taxes 53.34% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 365235 699528 percentage of taxable income= 36.52% for tax year 1996 percentage of 1954 taxes 52.21%
Not over $ 24650 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 24650 but not over $ 59750 $ 3698, plus 28.00% of excess over $ 24650 20.41% effective overall tax rate(computed on tax on middle of income range) Over $ 59750 but not over $ 124650 $ 13526, plus 31.00% of excess over $ 59750 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 124650 but not over $ 271050 $ 33645, plus 36.00% of excess over $ 124650 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 271050 ........................ $ 86349, plus 39.60% of excess over $ 271050 31.86% <=> 39.60% effective overall tax rate as income goes to infinity1997 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.472476116 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 36297 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 36297 but not over $ 87980 $ 5444, plus 28.00% of excess over $ 36297 20.41% effective overall tax rate(computed on tax on middle of income range) Over $ 87980 but not over $ 183544 $ 19916, plus 31.00% of excess over $ 87980 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 183544 but not over $ 399115 $ 49541, plus 36.00% of excess over $ 183544 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 399115 ........................ $ 127146, plus 39.60% of excess over $ 399115 31.86% <=> 39.60% effective overall tax rate as income goes to infinity
1997 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 1997 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 1997 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 1997 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6481 8643 percentage of taxable income= 16.20% for tax year 1997 percentage of 1954 taxes 74.99% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9281 11243 percentage of taxable income= 18.56% for tax year 1997 percentage of 1954 taxes 82.55% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12081 14134 percentage of taxable income= 20.14% for tax year 1997 percentage of 1954 taxes 85.48% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14881 17134 percentage of taxable income= 21.26% for tax year 1997 percentage of 1954 taxes 86.85% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17681 20523 percentage of taxable income= 22.10% for tax year 1997 percentage of 1954 taxes 86.15% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20542 24009 percentage of taxable income= 22.82% for tax year 1997 percentage of 1954 taxes 85.56% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23642 27809 percentage of taxable income= 23.64% for tax year 1997 percentage of 1954 taxes 85.02% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 39142 50400 percentage of taxable income= 26.09% for tax year 1997 percentage of 1954 taxes 77.66% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 55465 77586 percentage of taxable income= 27.73% for tax year 1997 percentage of 1954 taxes 71.49% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 73465 107734 percentage of taxable income= 29.39% for tax year 1997 percentage of 1954 taxes 68.19% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 91465 139299 percentage of taxable income= 30.49% for tax year 1997 percentage of 1954 taxes 65.66% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 109465 172445 percentage of taxable income= 31.28% for tax year 1997 percentage of 1954 taxes 63.48% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 127497 207348 percentage of taxable income= 31.87% for tax year 1997 percentage of 1954 taxes 61.49% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 147297 243670 percentage of taxable income= 32.73% for tax year 1997 percentage of 1954 taxes 60.45% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 167097 281170 percentage of taxable income= 33.42% for tax year 1997 percentage of 1954 taxes 59.43% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 206697 358356 percentage of taxable income= 34.45% for tax year 1997 percentage of 1954 taxes 57.68% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 246297 438906 percentage of taxable income= 35.19% for tax year 1997 percentage of 1954 taxes 56.12% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 285897 523100 percentage of taxable income= 35.74% for tax year 1997 percentage of 1954 taxes 54.65% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 325497 610528 percentage of taxable income= 36.17% for tax year 1997 percentage of 1954 taxes 53.31% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 365097 699528 percentage of taxable income= 36.51% for tax year 1997 percentage of 1954 taxes 52.19%
Not over $ 25350 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 25350 but not over $ 61400 $ 3803, plus 28.00% of excess over $ 25350 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 61400 but not over $ 128100 $ 13897, plus 31.00% of excess over $ 61400 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 128100 but not over $ 278450 $ 34574, plus 36.00% of excess over $ 128100 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 278450 ........................ $ 88700, plus 39.60% of excess over $ 278450 31.85% <=> 39.60% effective overall tax rate as income goes to infinity1998 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.449892127 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 36755 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 36755 but not over $ 89023 $ 5513, plus 28.00% of excess over $ 36755 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 89023 but not over $ 185731 $ 20148, plus 31.00% of excess over $ 89023 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 185731 but not over $ 403722 $ 50128, plus 36.00% of excess over $ 185731 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 403722 ........................ $ 128605, plus 39.60% of excess over $ 403722 31.85% <=> 39.60% effective overall tax rate as income goes to infinity
1998 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 1998 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 1998 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 1998 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6422 8643 percentage of taxable income= 16.05% for tax year 1998 percentage of 1954 taxes 74.30% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9222 11243 percentage of taxable income= 18.44% for tax year 1998 percentage of 1954 taxes 82.02% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12022 14134 percentage of taxable income= 20.04% for tax year 1998 percentage of 1954 taxes 85.05% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14822 17134 percentage of taxable income= 21.17% for tax year 1998 percentage of 1954 taxes 86.50% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17622 20523 percentage of taxable income= 22.03% for tax year 1998 percentage of 1954 taxes 85.86% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20451 24009 percentage of taxable income= 22.72% for tax year 1998 percentage of 1954 taxes 85.18% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23551 27809 percentage of taxable income= 23.55% for tax year 1998 percentage of 1954 taxes 84.69% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 39051 50400 percentage of taxable income= 26.03% for tax year 1998 percentage of 1954 taxes 77.48% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 55265 77586 percentage of taxable income= 27.63% for tax year 1998 percentage of 1954 taxes 71.23% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 73265 107734 percentage of taxable income= 29.31% for tax year 1998 percentage of 1954 taxes 68.01% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 91265 139299 percentage of taxable income= 30.42% for tax year 1998 percentage of 1954 taxes 65.52% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 109265 172445 percentage of taxable income= 31.22% for tax year 1998 percentage of 1954 taxes 63.36% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 127265 207348 percentage of taxable income= 31.82% for tax year 1998 percentage of 1954 taxes 61.38% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 146931 243670 percentage of taxable income= 32.65% for tax year 1998 percentage of 1954 taxes 60.30% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 166731 281170 percentage of taxable income= 33.35% for tax year 1998 percentage of 1954 taxes 59.30% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 206331 358356 percentage of taxable income= 34.39% for tax year 1998 percentage of 1954 taxes 57.58% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 245931 438906 percentage of taxable income= 35.13% for tax year 1998 percentage of 1954 taxes 56.03% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 285531 523100 percentage of taxable income= 35.69% for tax year 1998 percentage of 1954 taxes 54.58% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 325131 610528 percentage of taxable income= 36.13% for tax year 1998 percentage of 1954 taxes 53.25% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 364731 699528 percentage of taxable income= 36.47% for tax year 1998 percentage of 1954 taxes 52.14%
Not over $ 25750 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 25750 but not over $ 62450 $ 3863, plus 28.00% of excess over $ 25750 20.41% effective overall tax rate(computed on tax on middle of income range) Over $ 62450 but not over $ 130250 $ 14139, plus 31.00% of excess over $ 62450 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 130250 but not over $ 283150 $ 35157, plus 36.00% of excess over $ 130250 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 283150 ........................ $ 90201, plus 39.60% of excess over $ 283150 31.86% <=> 39.60% effective overall tax rate as income goes to infinity1999 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.418561925 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 36528 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 36528 but not over $ 88589 $ 5479, plus 28.00% of excess over $ 36528 20.41% effective overall tax rate(computed on tax on middle of income range) Over $ 88589 but not over $ 184768 $ 20056, plus 31.00% of excess over $ 88589 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 184768 but not over $ 401666 $ 49872, plus 36.00% of excess over $ 184768 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 401666 ........................ $ 127955, plus 39.60% of excess over $ 401666 31.86% <=> 39.60% effective overall tax rate as income goes to infinity
1999 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 1999 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 1999 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 1999 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6451 8643 percentage of taxable income= 16.13% for tax year 1999 percentage of 1954 taxes 74.64% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9251 11243 percentage of taxable income= 18.50% for tax year 1999 percentage of 1954 taxes 82.29% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12051 14134 percentage of taxable income= 20.09% for tax year 1999 percentage of 1954 taxes 85.26% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14851 17134 percentage of taxable income= 21.22% for tax year 1999 percentage of 1954 taxes 86.68% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17651 20523 percentage of taxable income= 22.06% for tax year 1999 percentage of 1954 taxes 86.01% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20494 24009 percentage of taxable income= 22.77% for tax year 1999 percentage of 1954 taxes 85.36% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23594 27809 percentage of taxable income= 23.59% for tax year 1999 percentage of 1954 taxes 84.84% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 39094 50400 percentage of taxable income= 26.06% for tax year 1999 percentage of 1954 taxes 77.57% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 55355 77586 percentage of taxable income= 27.68% for tax year 1999 percentage of 1954 taxes 71.35% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 73355 107734 percentage of taxable income= 29.34% for tax year 1999 percentage of 1954 taxes 68.09% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 91355 139299 percentage of taxable income= 30.45% for tax year 1999 percentage of 1954 taxes 65.58% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 109355 172445 percentage of taxable income= 31.24% for tax year 1999 percentage of 1954 taxes 63.41% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 127355 207348 percentage of taxable income= 31.84% for tax year 1999 percentage of 1954 taxes 61.42% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 147095 243670 percentage of taxable income= 32.69% for tax year 1999 percentage of 1954 taxes 60.37% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 166895 281170 percentage of taxable income= 33.38% for tax year 1999 percentage of 1954 taxes 59.36% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 206495 358356 percentage of taxable income= 34.42% for tax year 1999 percentage of 1954 taxes 57.62% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 246095 438906 percentage of taxable income= 35.16% for tax year 1999 percentage of 1954 taxes 56.07% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 285695 523100 percentage of taxable income= 35.71% for tax year 1999 percentage of 1954 taxes 54.62% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 325295 610528 percentage of taxable income= 36.14% for tax year 1999 percentage of 1954 taxes 53.28% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 364895 699528 percentage of taxable income= 36.49% for tax year 1999 percentage of 1954 taxes 52.16%
Not over $ 26250 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 26250 but not over $ 63550 $ 3938, plus 28.00% of excess over $ 26250 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 63550 but not over $ 132600 $ 14382, plus 31.00% of excess over $ 63550 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 132600 but not over $ 288350 $ 35787, plus 36.00% of excess over $ 132600 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 288350 ........................ $ 91857, plus 39.60% of excess over $ 288350 31.86% <=> 39.60% effective overall tax rate as income goes to infinity2000 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.372429830 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 36026 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 36026 but not over $ 87218 $ 5404, plus 28.00% of excess over $ 36026 20.40% effective overall tax rate(computed on tax on middle of income range) Over $ 87218 but not over $ 181984 $ 19738, plus 31.00% of excess over $ 87218 25.58% effective overall tax rate(computed on tax on middle of income range) Over $ 181984 but not over $ 395740 $ 49115, plus 36.00% of excess over $ 181984 30.32% effective overall tax rate(computed on tax on middle of income range) Over $ 395740 ........................ $ 126067, plus 39.60% of excess over $ 395740 31.86% <=> 39.60% effective overall tax rate as income goes to infinity
2000 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 2000 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 2000 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 2000 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6517 8643 percentage of taxable income= 16.29% for tax year 2000 percentage of 1954 taxes 75.40% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9317 11243 percentage of taxable income= 18.63% for tax year 2000 percentage of 1954 taxes 82.87% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 12117 14134 percentage of taxable income= 20.19% for tax year 2000 percentage of 1954 taxes 85.72% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14917 17134 percentage of taxable income= 21.31% for tax year 2000 percentage of 1954 taxes 87.06% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17717 20523 percentage of taxable income= 22.15% for tax year 2000 percentage of 1954 taxes 86.33% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20600 24009 percentage of taxable income= 22.89% for tax year 2000 percentage of 1954 taxes 85.80% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23700 27809 percentage of taxable income= 23.70% for tax year 2000 percentage of 1954 taxes 85.23% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 39200 50400 percentage of taxable income= 26.13% for tax year 2000 percentage of 1954 taxes 77.78% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 55601 77586 percentage of taxable income= 27.80% for tax year 2000 percentage of 1954 taxes 71.66% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 73601 107734 percentage of taxable income= 29.44% for tax year 2000 percentage of 1954 taxes 68.32% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 91601 139299 percentage of taxable income= 30.53% for tax year 2000 percentage of 1954 taxes 65.76% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 109601 172445 percentage of taxable income= 31.31% for tax year 2000 percentage of 1954 taxes 63.56% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 127754 207348 percentage of taxable income= 31.94% for tax year 2000 percentage of 1954 taxes 61.61% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 147554 243670 percentage of taxable income= 32.79% for tax year 2000 percentage of 1954 taxes 60.55% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 167354 281170 percentage of taxable income= 33.47% for tax year 2000 percentage of 1954 taxes 59.52% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 206954 358356 percentage of taxable income= 34.49% for tax year 2000 percentage of 1954 taxes 57.75% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 246554 438906 percentage of taxable income= 35.22% for tax year 2000 percentage of 1954 taxes 56.17% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 286154 523100 percentage of taxable income= 35.77% for tax year 2000 percentage of 1954 taxes 54.70% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 325754 610528 percentage of taxable income= 36.19% for tax year 2000 percentage of 1954 taxes 53.36% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 365354 699528 percentage of taxable income= 36.54% for tax year 2000 percentage of 1954 taxes 52.23%
Not over $ 27050 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 27050 but not over $ 65550 $ 4058, plus 27.50% of excess over $ 27050 20.20% effective overall tax rate(computed on tax on middle of income range) Over $ 65550 but not over $ 136750 $ 14645, plus 30.50% of excess over $ 65550 25.21% effective overall tax rate(computed on tax on middle of income range) Over $ 136750 but not over $ 297350 $ 36361, plus 35.50% of excess over $ 136750 29.89% effective overall tax rate(computed on tax on middle of income range) Over $ 297350 ........................ $ 93374, plus 39.10% of excess over $ 297350 31.40% <=> 39.10% effective overall tax rate as income goes to infinity2001 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.334457462 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 36097 ................................... 15.00% of the taxable income 15.00% effective overall tax rate Over $ 36097 but not over $ 87474 $ 5415, plus 27.50% of excess over $ 36097 20.20% effective overall tax rate(computed on tax on middle of income range) Over $ 87474 but not over $ 182487 $ 19543, plus 30.50% of excess over $ 87474 25.21% effective overall tax rate(computed on tax on middle of income range) Over $ 182487 but not over $ 396801 $ 48522, plus 35.50% of excess over $ 182487 29.89% effective overall tax rate(computed on tax on middle of income range) Over $ 396801 ........................ $ 124604, plus 39.10% of excess over $ 396801 31.40% <=> 39.10% effective overall tax rate as income goes to infinity
2001 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1500 2000 percentage of taxable income= 15.00% for tax year 2001 percentage of 1954 taxes 75.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 3000 4049 percentage of taxable income= 15.00% for tax year 2001 percentage of 1954 taxes 74.10% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4500 6249 percentage of taxable income= 15.00% for tax year 2001 percentage of 1954 taxes 72.02% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6488 8643 percentage of taxable income= 16.22% for tax year 2001 percentage of 1954 taxes 75.07% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 9238 11243 percentage of taxable income= 18.48% for tax year 2001 percentage of 1954 taxes 82.17% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 11988 14134 percentage of taxable income= 19.98% for tax year 2001 percentage of 1954 taxes 84.81% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14738 17134 percentage of taxable income= 21.05% for tax year 2001 percentage of 1954 taxes 86.01% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 17488 20523 percentage of taxable income= 21.86% for tax year 2001 percentage of 1954 taxes 85.21% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 20314 24009 percentage of taxable income= 22.57% for tax year 2001 percentage of 1954 taxes 84.61% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 23364 27809 percentage of taxable income= 23.36% for tax year 2001 percentage of 1954 taxes 84.02% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 38614 50400 percentage of taxable income= 25.74% for tax year 2001 percentage of 1954 taxes 76.61% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 54739 77586 percentage of taxable income= 27.37% for tax year 2001 percentage of 1954 taxes 70.55% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 72489 107734 percentage of taxable income= 29.00% for tax year 2001 percentage of 1954 taxes 67.29% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 90239 139299 percentage of taxable income= 30.08% for tax year 2001 percentage of 1954 taxes 64.78% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 107989 172445 percentage of taxable income= 30.85% for tax year 2001 percentage of 1954 taxes 62.62% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 125854 207348 percentage of taxable income= 31.46% for tax year 2001 percentage of 1954 taxes 60.70% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 145404 243670 percentage of taxable income= 32.31% for tax year 2001 percentage of 1954 taxes 59.67% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 164954 281170 percentage of taxable income= 32.99% for tax year 2001 percentage of 1954 taxes 58.67% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 204054 358356 percentage of taxable income= 34.01% for tax year 2001 percentage of 1954 taxes 56.94% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 243154 438906 percentage of taxable income= 34.74% for tax year 2001 percentage of 1954 taxes 55.40% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 282254 523100 percentage of taxable income= 35.28% for tax year 2001 percentage of 1954 taxes 53.96% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 321354 610528 percentage of taxable income= 35.71% for tax year 2001 percentage of 1954 taxes 52.64% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 360454 699528 percentage of taxable income= 36.05% for tax year 2001 percentage of 1954 taxes 51.53%
Not over $ 6000 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 6000 but not over $ 27950 $ 600, plus 15.00% of excess over $ 6000 13.23% effective overall tax rate(computed on tax on middle of income range) Over $ 27950 but not over $ 67700 $ 3893, plus 27.00% of excess over $ 27950 19.36% effective overall tax rate(computed on tax on middle of income range) Over $ 67700 but not over $ 141250 $ 14625, plus 30.00% of excess over $ 67700 24.56% effective overall tax rate(computed on tax on middle of income range) Over $ 141250 but not over $ 307050 $ 36690, plus 35.00% of excess over $ 141250 29.31% effective overall tax rate(computed on tax on middle of income range) Over $ 307050 ........................ $ 94720, plus NA % of excess over $ 307050 30.85% <=> NA % effective overall tax rate as income goes to infinity2002 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.313687697 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 7882 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 7882 but not over $ 36718 $ 788, plus 15.00% of excess over $ 7882 13.23% effective overall tax rate(computed on tax on middle of income range) Over $ 36718 but not over $ 88937 $ 5114, plus 27.00% of excess over $ 36718 19.36% effective overall tax rate(computed on tax on middle of income range) Over $ 88937 but not over $ 185558 $ 19213, plus 30.00% of excess over $ 88937 24.56% effective overall tax rate(computed on tax on middle of income range) Over $ 185558 but not over $ 403368 $ 48199, plus 35.00% of excess over $ 185558 29.31% effective overall tax rate(computed on tax on middle of income range) Over $ 403368 ........................ $ 124432, plus NA % of excess over $ 403368 30.85% <=> NA % effective overall tax rate as income goes to infinity
2002 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1106 2000 percentage of taxable income= 11.06% for tax year 2002 percentage of 1954 taxes 55.29% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2606 4049 percentage of taxable income= 13.03% for tax year 2002 percentage of 1954 taxes 64.37% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4106 6249 percentage of taxable income= 13.69% for tax year 2002 percentage of 1954 taxes 65.71% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 6000 8643 percentage of taxable income= 15.00% for tax year 2002 percentage of 1954 taxes 69.42% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8700 11243 percentage of taxable income= 17.40% for tax year 2002 percentage of 1954 taxes 77.38% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 11400 14134 percentage of taxable income= 19.00% for tax year 2002 percentage of 1954 taxes 80.65% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 14100 17134 percentage of taxable income= 20.14% for tax year 2002 percentage of 1954 taxes 82.29% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 16800 20523 percentage of taxable income= 21.00% for tax year 2002 percentage of 1954 taxes 81.86% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 19532 24009 percentage of taxable income= 21.70% for tax year 2002 percentage of 1954 taxes 81.35% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 22532 27809 percentage of taxable income= 22.53% for tax year 2002 percentage of 1954 taxes 81.02% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 37532 50400 percentage of taxable income= 25.02% for tax year 2002 percentage of 1954 taxes 74.47% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 53254 77586 percentage of taxable income= 26.63% for tax year 2002 percentage of 1954 taxes 68.64% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 70754 107734 percentage of taxable income= 28.30% for tax year 2002 percentage of 1954 taxes 65.67% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 88254 139299 percentage of taxable income= 29.42% for tax year 2002 percentage of 1954 taxes 63.36% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 105754 172445 percentage of taxable income= 30.22% for tax year 2002 percentage of 1954 taxes 61.33% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 123254 207348 percentage of taxable income= 30.81% for tax year 2002 percentage of 1954 taxes 59.44% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ NA 243670 percentage of taxable income= NA % for tax year 2002 percentage of 1954 taxes NA % taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ NA 281170 percentage of taxable income= NA % for tax year 2002 percentage of 1954 taxes NA % taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ NA 358356 percentage of taxable income= NA % for tax year 2002 percentage of 1954 taxes NA % taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ NA 438906 percentage of taxable income= NA % for tax year 2002 percentage of 1954 taxes NA % taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ NA 523100 percentage of taxable income= NA % for tax year 2002 percentage of 1954 taxes NA % taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ NA 610528 percentage of taxable income= NA % for tax year 2002 percentage of 1954 taxes NA % taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ NA 699528 percentage of taxable income= NA % for tax year 2002 percentage of 1954 taxes NA %
Not over $ 7000 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 7000 but not over $ 28400 $ 700, plus 15.00% of excess over $ 7000 13.02% effective overall tax rate(computed on tax on middle of income range) Over $ 28400 but not over $ 68800 $ 3910, plus 25.00% of excess over $ 28400 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 68800 but not over $ 143500 $ 14010, plus 28.00% of excess over $ 68800 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 143500 but not over $ 311950 $ 34926, plus 33.00% of excess over $ 143500 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 311950 ........................ $ 90515, plus 35.00% of excess over $ 311950 29.02% <=> 35.00% effective overall tax rate as income goes to infinity2003 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.284415307 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 8991 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 8991 but not over $ 36477 $ 899, plus 15.00% of excess over $ 8991 13.02% effective overall tax rate(computed on tax on middle of income range) Over $ 36477 but not over $ 88368 $ 5022, plus 25.00% of excess over $ 36477 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 88368 but not over $ 184314 $ 17995, plus 28.00% of excess over $ 88368 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 184314 but not over $ 400673 $ 44859, plus 33.00% of excess over $ 184314 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 400673 ........................ $ 116258, plus 35.00% of excess over $ 400673 29.02% <=> 35.00% effective overall tax rate as income goes to infinity
2003 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1050 2000 percentage of taxable income= 10.50% for tax year 2003 percentage of 1954 taxes 52.52% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2550 4049 percentage of taxable income= 12.75% for tax year 2003 percentage of 1954 taxes 63.00% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4050 6249 percentage of taxable income= 13.50% for tax year 2003 percentage of 1954 taxes 64.82% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 5903 8643 percentage of taxable income= 14.76% for tax year 2003 percentage of 1954 taxes 68.30% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8403 11243 percentage of taxable income= 16.81% for tax year 2003 percentage of 1954 taxes 74.74% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 10903 14134 percentage of taxable income= 18.17% for tax year 2003 percentage of 1954 taxes 77.14% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 13403 17134 percentage of taxable income= 19.15% for tax year 2003 percentage of 1954 taxes 78.22% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 15903 20523 percentage of taxable income= 19.88% for tax year 2003 percentage of 1954 taxes 77.49% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 18452 24009 percentage of taxable income= 20.50% for tax year 2003 percentage of 1954 taxes 76.85% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 21252 27809 percentage of taxable income= 21.25% for tax year 2003 percentage of 1954 taxes 76.42% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 35252 50400 percentage of taxable income= 23.50% for tax year 2003 percentage of 1954 taxes 69.94% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 50036 77586 percentage of taxable income= 25.02% for tax year 2003 percentage of 1954 taxes 64.49% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 66536 107734 percentage of taxable income= 26.61% for tax year 2003 percentage of 1954 taxes 61.76% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 83036 139299 percentage of taxable income= 27.68% for tax year 2003 percentage of 1954 taxes 59.61% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 99536 172445 percentage of taxable income= 28.44% for tax year 2003 percentage of 1954 taxes 57.72% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 116036 207348 percentage of taxable income= 29.01% for tax year 2003 percentage of 1954 taxes 55.96% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 133523 243670 percentage of taxable income= 29.67% for tax year 2003 percentage of 1954 taxes 54.80% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 151023 281170 percentage of taxable income= 30.20% for tax year 2003 percentage of 1954 taxes 53.71% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 186023 358356 percentage of taxable income= 31.00% for tax year 2003 percentage of 1954 taxes 51.91% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 221023 438906 percentage of taxable income= 31.57% for tax year 2003 percentage of 1954 taxes 50.36% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 256023 523100 percentage of taxable income= 32.00% for tax year 2003 percentage of 1954 taxes 48.94% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 291023 610528 percentage of taxable income= 32.34% for tax year 2003 percentage of 1954 taxes 47.67% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 326023 699528 percentage of taxable income= 32.60% for tax year 2003 percentage of 1954 taxes 46.61%
Not over $ 7150 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 7150 but not over $ 29050 $ 715, plus 15.00% of excess over $ 7150 13.02% effective overall tax rate(computed on tax on middle of income range) Over $ 29050 but not over $ 70350 $ 4000, plus 25.00% of excess over $ 29050 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 70350 but not over $ 146750 $ 14325, plus 28.00% of excess over $ 70350 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 146750 but not over $ 319100 $ 35717, plus 33.00% of excess over $ 146750 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 319100 ........................ $ 92593, plus 35.00% of excess over $ 319100 29.02% <=> 35.00% effective overall tax rate as income goes to infinity2004 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.251098024 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 8945 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 8945 but not over $ 36344 $ 895, plus 15.00% of excess over $ 8945 13.02% effective overall tax rate(computed on tax on middle of income range) Over $ 36344 but not over $ 88015 $ 5004, plus 25.00% of excess over $ 36344 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 88015 but not over $ 183599 $ 17922, plus 28.00% of excess over $ 88015 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 183599 but not over $ 399225 $ 44685, plus 33.00% of excess over $ 183599 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 399225 ........................ $ 115842, plus 35.00% of excess over $ 399225 29.02% <=> 35.00% effective overall tax rate as income goes to infinity
2004 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1053 2000 percentage of taxable income= 10.53% for tax year 2004 percentage of 1954 taxes 52.64% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2553 4049 percentage of taxable income= 12.76% for tax year 2004 percentage of 1954 taxes 63.05% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4053 6249 percentage of taxable income= 13.51% for tax year 2004 percentage of 1954 taxes 64.86% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 5918 8643 percentage of taxable income= 14.80% for tax year 2004 percentage of 1954 taxes 68.48% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8418 11243 percentage of taxable income= 16.84% for tax year 2004 percentage of 1954 taxes 74.88% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 10918 14134 percentage of taxable income= 18.20% for tax year 2004 percentage of 1954 taxes 77.25% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 13418 17134 percentage of taxable income= 19.17% for tax year 2004 percentage of 1954 taxes 78.31% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 15918 20523 percentage of taxable income= 19.90% for tax year 2004 percentage of 1954 taxes 77.56% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 18478 24009 percentage of taxable income= 20.53% for tax year 2004 percentage of 1954 taxes 76.96% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 21278 27809 percentage of taxable income= 21.28% for tax year 2004 percentage of 1954 taxes 76.52% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 35278 50400 percentage of taxable income= 23.52% for tax year 2004 percentage of 1954 taxes 70.00% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 50098 77586 percentage of taxable income= 25.05% for tax year 2004 percentage of 1954 taxes 64.57% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 66598 107734 percentage of taxable income= 26.64% for tax year 2004 percentage of 1954 taxes 61.82% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 83098 139299 percentage of taxable income= 27.70% for tax year 2004 percentage of 1954 taxes 59.65% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 99598 172445 percentage of taxable income= 28.46% for tax year 2004 percentage of 1954 taxes 57.76% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 116113 207348 percentage of taxable income= 29.03% for tax year 2004 percentage of 1954 taxes 56.00% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 133613 243670 percentage of taxable income= 29.69% for tax year 2004 percentage of 1954 taxes 54.83% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 151113 281170 percentage of taxable income= 30.22% for tax year 2004 percentage of 1954 taxes 53.74% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 186113 358356 percentage of taxable income= 31.02% for tax year 2004 percentage of 1954 taxes 51.94% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 221113 438906 percentage of taxable income= 31.59% for tax year 2004 percentage of 1954 taxes 50.38% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 256113 523100 percentage of taxable income= 32.01% for tax year 2004 percentage of 1954 taxes 48.96% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 291113 610528 percentage of taxable income= 32.35% for tax year 2004 percentage of 1954 taxes 47.68% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 326113 699528 percentage of taxable income= 32.61% for tax year 2004 percentage of 1954 taxes 46.62%
Not over $ 7300 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 7300 but not over $ 29700 $ 730, plus 15.00% of excess over $ 7300 13.03% effective overall tax rate(computed on tax on middle of income range) Over $ 29700 but not over $ 71950 $ 4090, plus 25.00% of excess over $ 29700 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 71950 but not over $ 150150 $ 14653, plus 28.00% of excess over $ 71950 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 150150 but not over $ 326450 $ 36549, plus 33.00% of excess over $ 150150 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 326450 ........................ $ 94728, plus 35.00% of excess over $ 326450 29.02% <=> 35.00% effective overall tax rate as income goes to infinity2005 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.210099420 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 8834 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 8834 but not over $ 35940 $ 883, plus 15.00% of excess over $ 8834 13.03% effective overall tax rate(computed on tax on middle of income range) Over $ 35940 but not over $ 87067 $ 4949, plus 25.00% of excess over $ 35940 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 87067 but not over $ 181696 $ 17731, plus 28.00% of excess over $ 87067 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 181696 but not over $ 395037 $ 44227, plus 33.00% of excess over $ 181696 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 395037 ........................ $ 114630, plus 35.00% of excess over $ 395037 29.02% <=> 35.00% effective overall tax rate as income goes to infinity
2005 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1058 2000 percentage of taxable income= 10.58% for tax year 2005 percentage of 1954 taxes 52.92% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2558 4049 percentage of taxable income= 12.79% for tax year 2005 percentage of 1954 taxes 63.19% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4058 6249 percentage of taxable income= 13.53% for tax year 2005 percentage of 1954 taxes 64.95% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 5964 8643 percentage of taxable income= 14.91% for tax year 2005 percentage of 1954 taxes 69.01% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8464 11243 percentage of taxable income= 16.93% for tax year 2005 percentage of 1954 taxes 75.29% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 10964 14134 percentage of taxable income= 18.27% for tax year 2005 percentage of 1954 taxes 77.57% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 13464 17134 percentage of taxable income= 19.23% for tax year 2005 percentage of 1954 taxes 78.58% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 15964 20523 percentage of taxable income= 19.96% for tax year 2005 percentage of 1954 taxes 77.79% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 18552 24009 percentage of taxable income= 20.61% for tax year 2005 percentage of 1954 taxes 77.27% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 21352 27809 percentage of taxable income= 21.35% for tax year 2005 percentage of 1954 taxes 76.78% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 35352 50400 percentage of taxable income= 23.57% for tax year 2005 percentage of 1954 taxes 70.14% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 50267 77586 percentage of taxable income= 25.13% for tax year 2005 percentage of 1954 taxes 64.79% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 66767 107734 percentage of taxable income= 26.71% for tax year 2005 percentage of 1954 taxes 61.97% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 83267 139299 percentage of taxable income= 27.76% for tax year 2005 percentage of 1954 taxes 59.78% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 99767 172445 percentage of taxable income= 28.50% for tax year 2005 percentage of 1954 taxes 57.85% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 116367 207348 percentage of taxable income= 29.09% for tax year 2005 percentage of 1954 taxes 56.12% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 133867 243670 percentage of taxable income= 29.75% for tax year 2005 percentage of 1954 taxes 54.94% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 151367 281170 percentage of taxable income= 30.27% for tax year 2005 percentage of 1954 taxes 53.83% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 186367 358356 percentage of taxable income= 31.06% for tax year 2005 percentage of 1954 taxes 52.01% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 221367 438906 percentage of taxable income= 31.62% for tax year 2005 percentage of 1954 taxes 50.44% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 256367 523100 percentage of taxable income= 32.05% for tax year 2005 percentage of 1954 taxes 49.01% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 291367 610528 percentage of taxable income= 32.37% for tax year 2005 percentage of 1954 taxes 47.72% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 326367 699528 percentage of taxable income= 32.64% for tax year 2005 percentage of 1954 taxes 46.66%
Not over $ 7550 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 7550 but not over $ 30650 $ 755, plus 15.00% of excess over $ 7550 13.02% effective overall tax rate(computed on tax on middle of income range) Over $ 30650 but not over $ 74200 $ 4220, plus 25.00% of excess over $ 30650 18.43% effective overall tax rate(computed on tax on middle of income range) Over $ 74200 but not over $ 154800 $ 15108, plus 28.00% of excess over $ 74200 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 154800 but not over $ 336550 $ 37676, plus 33.00% of excess over $ 154800 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 336550 ........................ $ 97653, plus 35.00% of excess over $ 336550 29.02% <=> 35.00% effective overall tax rate as income goes to infinity2006 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.172283813 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 8851 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 8851 but not over $ 35930 $ 885, plus 15.00% of excess over $ 8851 13.02% effective overall tax rate(computed on tax on middle of income range) Over $ 35930 but not over $ 86983 $ 4947, plus 25.00% of excess over $ 35930 18.43% effective overall tax rate(computed on tax on middle of income range) Over $ 86983 but not over $ 181470 $ 17710, plus 28.00% of excess over $ 86983 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 181470 but not over $ 394532 $ 44166, plus 33.00% of excess over $ 181470 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 394532 ........................ $ 114477, plus 35.00% of excess over $ 394532 29.02% <=> 35.00% effective overall tax rate as income goes to infinity
2006 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1057 2000 percentage of taxable income= 10.57% for tax year 2006 percentage of 1954 taxes 52.87% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2557 4049 percentage of taxable income= 12.79% for tax year 2006 percentage of 1954 taxes 63.17% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4057 6249 percentage of taxable income= 13.52% for tax year 2006 percentage of 1954 taxes 64.93% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 5964 8643 percentage of taxable income= 14.91% for tax year 2006 percentage of 1954 taxes 69.01% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8464 11243 percentage of taxable income= 16.93% for tax year 2006 percentage of 1954 taxes 75.29% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 10964 14134 percentage of taxable income= 18.27% for tax year 2006 percentage of 1954 taxes 77.57% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 13464 17134 percentage of taxable income= 19.23% for tax year 2006 percentage of 1954 taxes 78.58% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 15964 20523 percentage of taxable income= 19.96% for tax year 2006 percentage of 1954 taxes 77.79% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 18555 24009 percentage of taxable income= 20.62% for tax year 2006 percentage of 1954 taxes 77.28% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 21355 27809 percentage of taxable income= 21.35% for tax year 2006 percentage of 1954 taxes 76.79% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 35355 50400 percentage of taxable income= 23.57% for tax year 2006 percentage of 1954 taxes 70.15% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 50281 77586 percentage of taxable income= 25.14% for tax year 2006 percentage of 1954 taxes 64.81% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 66781 107734 percentage of taxable income= 26.71% for tax year 2006 percentage of 1954 taxes 61.99% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 83281 139299 percentage of taxable income= 27.76% for tax year 2006 percentage of 1954 taxes 59.79% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 99781 172445 percentage of taxable income= 28.51% for tax year 2006 percentage of 1954 taxes 57.86% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 116391 207348 percentage of taxable income= 29.10% for tax year 2006 percentage of 1954 taxes 56.13% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 133891 243670 percentage of taxable income= 29.75% for tax year 2006 percentage of 1954 taxes 54.95% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 151391 281170 percentage of taxable income= 30.28% for tax year 2006 percentage of 1954 taxes 53.84% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 186391 358356 percentage of taxable income= 31.07% for tax year 2006 percentage of 1954 taxes 52.01% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 221391 438906 percentage of taxable income= 31.63% for tax year 2006 percentage of 1954 taxes 50.44% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 256391 523100 percentage of taxable income= 32.05% for tax year 2006 percentage of 1954 taxes 49.01% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 291391 610528 percentage of taxable income= 32.38% for tax year 2006 percentage of 1954 taxes 47.73% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 326391 699528 percentage of taxable income= 32.64% for tax year 2006 percentage of 1954 taxes 46.66%
Not over $ 7825 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 7825 but not over $ 31850 $ 783, plus 15.00% of excess over $ 7825 13.03% effective overall tax rate(computed on tax on middle of income range) Over $ 31850 but not over $ 77100 $ 4386, plus 25.00% of excess over $ 31850 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 77100 but not over $ 160850 $ 15699, plus 28.00% of excess over $ 77100 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 160850 but not over $ 349700 $ 39149, plus 33.00% of excess over $ 160850 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 349700 ........................ $ 101469, plus 35.00% of excess over $ 349700 29.02% <=> 35.00% effective overall tax rate as income goes to infinity2007 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.139819317 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 8919 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 8919 but not over $ 36303 $ 892, plus 15.00% of excess over $ 8919 13.03% effective overall tax rate(computed on tax on middle of income range) Over $ 36303 but not over $ 87880 $ 5000, plus 25.00% of excess over $ 36303 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 87880 but not over $ 183340 $ 17894, plus 28.00% of excess over $ 87880 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 183340 but not over $ 398595 $ 44623, plus 33.00% of excess over $ 183340 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 398595 ........................ $ 115657, plus 35.00% of excess over $ 398595 29.02% <=> 35.00% effective overall tax rate as income goes to infinity
2007 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1054 2000 percentage of taxable income= 10.54% for tax year 2007 percentage of 1954 taxes 52.70% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2554 4049 percentage of taxable income= 12.77% for tax year 2007 percentage of 1954 taxes 63.09% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4054 6249 percentage of taxable income= 13.51% for tax year 2007 percentage of 1954 taxes 64.88% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 5924 8643 percentage of taxable income= 14.81% for tax year 2007 percentage of 1954 taxes 68.54% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8424 11243 percentage of taxable income= 16.85% for tax year 2007 percentage of 1954 taxes 74.92% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 10924 14134 percentage of taxable income= 18.21% for tax year 2007 percentage of 1954 taxes 77.28% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 13424 17134 percentage of taxable income= 19.18% for tax year 2007 percentage of 1954 taxes 78.34% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 15924 20523 percentage of taxable income= 19.90% for tax year 2007 percentage of 1954 taxes 77.59% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 18487 24009 percentage of taxable income= 20.54% for tax year 2007 percentage of 1954 taxes 77.00% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 21287 27809 percentage of taxable income= 21.29% for tax year 2007 percentage of 1954 taxes 76.55% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 35287 50400 percentage of taxable income= 23.52% for tax year 2007 percentage of 1954 taxes 70.01% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 50120 77586 percentage of taxable income= 25.06% for tax year 2007 percentage of 1954 taxes 64.60% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 66620 107734 percentage of taxable income= 26.65% for tax year 2007 percentage of 1954 taxes 61.84% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 83120 139299 percentage of taxable income= 27.71% for tax year 2007 percentage of 1954 taxes 59.67% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 99620 172445 percentage of taxable income= 28.46% for tax year 2007 percentage of 1954 taxes 57.77% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 116148 207348 percentage of taxable income= 29.04% for tax year 2007 percentage of 1954 taxes 56.02% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 133648 243670 percentage of taxable income= 29.70% for tax year 2007 percentage of 1954 taxes 54.85% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 151148 281170 percentage of taxable income= 30.23% for tax year 2007 percentage of 1954 taxes 53.76% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 186148 358356 percentage of taxable income= 31.02% for tax year 2007 percentage of 1954 taxes 51.95% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 221148 438906 percentage of taxable income= 31.59% for tax year 2007 percentage of 1954 taxes 50.39% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 256148 523100 percentage of taxable income= 32.02% for tax year 2007 percentage of 1954 taxes 48.97% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 291148 610528 percentage of taxable income= 32.35% for tax year 2007 percentage of 1954 taxes 47.69% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 326148 699528 percentage of taxable income= 32.61% for tax year 2007 percentage of 1954 taxes 46.62%
Not over $ 8025 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 8025 but not over $ 32550 $ 803, plus 15.00% of excess over $ 8025 13.02% effective overall tax rate(computed on tax on middle of income range) Over $ 32550 but not over $ 78850 $ 4481, plus 25.00% of excess over $ 32550 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 78850 but not over $ 164550 $ 16056, plus 28.00% of excess over $ 78850 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 164550 but not over $ 357700 $ 40052, plus 33.00% of excess over $ 164550 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 357700 ........................ $ 103792, plus 35.00% of excess over $ 357700 29.02% <=> 35.00% effective overall tax rate as income goes to infinity2008 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.097673589 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 8809 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 8809 but not over $ 35729 $ 881, plus 15.00% of excess over $ 8809 13.02% effective overall tax rate(computed on tax on middle of income range) Over $ 35729 but not over $ 86552 $ 4919, plus 25.00% of excess over $ 35729 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 86552 but not over $ 180622 $ 17625, plus 28.00% of excess over $ 86552 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 180622 but not over $ 392638 $ 43964, plus 33.00% of excess over $ 180622 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 392638 ........................ $ 113929, plus 35.00% of excess over $ 392638 29.02% <=> 35.00% effective overall tax rate as income goes to infinity
2008 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1060 2000 percentage of taxable income= 10.60% for tax year 2008 percentage of 1954 taxes 52.98% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2560 4049 percentage of taxable income= 12.80% for tax year 2008 percentage of 1954 taxes 63.22% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4060 6249 percentage of taxable income= 13.53% for tax year 2008 percentage of 1954 taxes 64.97% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 5987 8643 percentage of taxable income= 14.97% for tax year 2008 percentage of 1954 taxes 69.27% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8487 11243 percentage of taxable income= 16.97% for tax year 2008 percentage of 1954 taxes 75.48% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 10987 14134 percentage of taxable income= 18.31% for tax year 2008 percentage of 1954 taxes 77.73% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 13487 17134 percentage of taxable income= 19.27% for tax year 2008 percentage of 1954 taxes 78.71% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 15987 20523 percentage of taxable income= 19.98% for tax year 2008 percentage of 1954 taxes 77.90% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 18590 24009 percentage of taxable income= 20.66% for tax year 2008 percentage of 1954 taxes 77.43% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 21390 27809 percentage of taxable income= 21.39% for tax year 2008 percentage of 1954 taxes 76.92% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 35390 50400 percentage of taxable income= 23.59% for tax year 2008 percentage of 1954 taxes 70.22% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 50359 77586 percentage of taxable income= 25.18% for tax year 2008 percentage of 1954 taxes 64.91% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 66859 107734 percentage of taxable income= 26.74% for tax year 2008 percentage of 1954 taxes 62.06% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 83359 139299 percentage of taxable income= 27.79% for tax year 2008 percentage of 1954 taxes 59.84% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 99859 172445 percentage of taxable income= 28.53% for tax year 2008 percentage of 1954 taxes 57.91% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 116506 207348 percentage of taxable income= 29.13% for tax year 2008 percentage of 1954 taxes 56.19% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 134006 243670 percentage of taxable income= 29.78% for tax year 2008 percentage of 1954 taxes 54.99% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 151506 281170 percentage of taxable income= 30.30% for tax year 2008 percentage of 1954 taxes 53.88% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 186506 358356 percentage of taxable income= 31.08% for tax year 2008 percentage of 1954 taxes 52.04% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 221506 438906 percentage of taxable income= 31.64% for tax year 2008 percentage of 1954 taxes 50.47% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 256506 523100 percentage of taxable income= 32.06% for tax year 2008 percentage of 1954 taxes 49.04% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 291506 610528 percentage of taxable income= 32.39% for tax year 2008 percentage of 1954 taxes 47.75% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 326506 699528 percentage of taxable income= 32.65% for tax year 2008 percentage of 1954 taxes 46.68%
Not over $ 8350 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 8350 but not over $ 33950 $ 835, plus 15.00% of excess over $ 8350 13.03% effective overall tax rate(computed on tax on middle of income range) Over $ 33950 but not over $ 82250 $ 4675, plus 25.00% of excess over $ 33950 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 82250 but not over $ 171550 $ 16750, plus 28.00% of excess over $ 82250 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 171550 but not over $ 372950 $ 41754, plus 33.00% of excess over $ 171550 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 372950 ........................ $ 108216, plus 35.00% of excess over $ 372950 29.02% <=> 35.00% effective overall tax rate as income goes to infinity2009 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.101592810 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 9198 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 9198 but not over $ 37399 $ 920, plus 15.00% of excess over $ 9198 13.03% effective overall tax rate(computed on tax on middle of income range) Over $ 37399 but not over $ 90606 $ 5150, plus 25.00% of excess over $ 37399 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 90606 but not over $ 188978 $ 18452, plus 28.00% of excess over $ 90606 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 188978 but not over $ 410839 $ 45996, plus 33.00% of excess over $ 188978 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 410839 ........................ $ 119210, plus 35.00% of excess over $ 410839 29.02% <=> 35.00% effective overall tax rate as income goes to infinity
2009 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1040 2000 percentage of taxable income= 10.40% for tax year 2009 percentage of 1954 taxes 52.00% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2540 4049 percentage of taxable income= 12.70% for tax year 2009 percentage of 1954 taxes 62.74% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4040 6249 percentage of taxable income= 13.47% for tax year 2009 percentage of 1954 taxes 64.66% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 5800 8643 percentage of taxable income= 14.50% for tax year 2009 percentage of 1954 taxes 67.11% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8300 11243 percentage of taxable income= 16.60% for tax year 2009 percentage of 1954 taxes 73.83% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 10800 14134 percentage of taxable income= 18.00% for tax year 2009 percentage of 1954 taxes 76.41% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 13300 17134 percentage of taxable income= 19.00% for tax year 2009 percentage of 1954 taxes 77.62% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 15800 20523 percentage of taxable income= 19.75% for tax year 2009 percentage of 1954 taxes 76.99% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 18300 24009 percentage of taxable income= 20.33% for tax year 2009 percentage of 1954 taxes 76.22% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 21082 27809 percentage of taxable income= 21.08% for tax year 2009 percentage of 1954 taxes 75.81% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 35082 50400 percentage of taxable income= 23.39% for tax year 2009 percentage of 1954 taxes 69.61% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 49633 77586 percentage of taxable income= 24.82% for tax year 2009 percentage of 1954 taxes 63.97% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 66133 107734 percentage of taxable income= 26.45% for tax year 2009 percentage of 1954 taxes 61.39% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 82633 139299 percentage of taxable income= 27.54% for tax year 2009 percentage of 1954 taxes 59.32% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 99133 172445 percentage of taxable income= 28.32% for tax year 2009 percentage of 1954 taxes 57.49% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 115633 207348 percentage of taxable income= 28.91% for tax year 2009 percentage of 1954 taxes 55.77% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 132916 243670 percentage of taxable income= 29.54% for tax year 2009 percentage of 1954 taxes 54.55% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 150416 281170 percentage of taxable income= 30.08% for tax year 2009 percentage of 1954 taxes 53.50% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 185416 358356 percentage of taxable income= 30.90% for tax year 2009 percentage of 1954 taxes 51.74% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 220416 438906 percentage of taxable income= 31.49% for tax year 2009 percentage of 1954 taxes 50.22% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 255416 523100 percentage of taxable income= 31.93% for tax year 2009 percentage of 1954 taxes 48.83% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 290416 610528 percentage of taxable income= 32.27% for tax year 2009 percentage of 1954 taxes 47.57% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 325416 699528 percentage of taxable income= 32.54% for tax year 2009 percentage of 1954 taxes 46.52%
Not over $ 8375 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 8375 but not over $ 34000 $ 838, plus 15.00% of excess over $ 8375 13.02% effective overall tax rate(computed on tax on middle of income range) Over $ 34000 but not over $ 82400 $ 4681, plus 25.00% of excess over $ 34000 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 82400 but not over $ 171850 $ 16781, plus 28.00% of excess over $ 82400 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 171850 but not over $ 373650 $ 41827, plus 33.00% of excess over $ 171850 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 373650 ........................ $ 108421, plus 35.00% of excess over $ 373650 29.02% <=> 35.00% effective overall tax rate as income goes to infinity2010 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.083815243 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 9077 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 9077 but not over $ 36850 $ 908, plus 15.00% of excess over $ 9077 13.02% effective overall tax rate(computed on tax on middle of income range) Over $ 36850 but not over $ 89306 $ 5074, plus 25.00% of excess over $ 36850 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 89306 but not over $ 186254 $ 18188, plus 28.00% of excess over $ 89306 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 186254 but not over $ 404968 $ 45333, plus 33.00% of excess over $ 186254 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 404968 ........................ $ 117509, plus 35.00% of excess over $ 404968 29.02% <=> 35.00% effective overall tax rate as income goes to infinity
2010 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1046 2000 percentage of taxable income= 10.46% for tax year 2010 percentage of 1954 taxes 52.31% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2546 4049 percentage of taxable income= 12.73% for tax year 2010 percentage of 1954 taxes 62.89% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4046 6249 percentage of taxable income= 13.49% for tax year 2010 percentage of 1954 taxes 64.75% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 5861 8643 percentage of taxable income= 14.65% for tax year 2010 percentage of 1954 taxes 67.82% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8361 11243 percentage of taxable income= 16.72% for tax year 2010 percentage of 1954 taxes 74.37% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 10861 14134 percentage of taxable income= 18.10% for tax year 2010 percentage of 1954 taxes 76.84% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 13361 17134 percentage of taxable income= 19.09% for tax year 2010 percentage of 1954 taxes 77.98% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 15861 20523 percentage of taxable income= 19.83% for tax year 2010 percentage of 1954 taxes 77.29% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 18382 24009 percentage of taxable income= 20.42% for tax year 2010 percentage of 1954 taxes 76.56% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 21182 27809 percentage of taxable income= 21.18% for tax year 2010 percentage of 1954 taxes 76.17% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 35182 50400 percentage of taxable income= 23.45% for tax year 2010 percentage of 1954 taxes 69.81% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 49869 77586 percentage of taxable income= 24.93% for tax year 2010 percentage of 1954 taxes 64.28% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 66369 107734 percentage of taxable income= 26.55% for tax year 2010 percentage of 1954 taxes 61.61% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 82869 139299 percentage of taxable income= 27.62% for tax year 2010 percentage of 1954 taxes 59.49% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 99369 172445 percentage of taxable income= 28.39% for tax year 2010 percentage of 1954 taxes 57.62% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 115869 207348 percentage of taxable income= 28.97% for tax year 2010 percentage of 1954 taxes 55.88% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 133270 243670 percentage of taxable income= 29.62% for tax year 2010 percentage of 1954 taxes 54.69% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 150770 281170 percentage of taxable income= 30.15% for tax year 2010 percentage of 1954 taxes 53.62% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 185770 358356 percentage of taxable income= 30.96% for tax year 2010 percentage of 1954 taxes 51.84% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 220770 438906 percentage of taxable income= 31.54% for tax year 2010 percentage of 1954 taxes 50.30% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 255770 523100 percentage of taxable income= 31.97% for tax year 2010 percentage of 1954 taxes 48.90% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 290770 610528 percentage of taxable income= 32.31% for tax year 2010 percentage of 1954 taxes 47.63% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 325770 699528 percentage of taxable income= 32.58% for tax year 2010 percentage of 1954 taxes 46.57%
Not over $ 8500 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 8500 but not over $ 34500 $ 850, plus 15.00% of excess over $ 8500 13.02% effective overall tax rate(computed on tax on middle of income range) Over $ 34500 but not over $ 83600 $ 4750, plus 25.00% of excess over $ 34500 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 83600 but not over $ 174400 $ 17025, plus 28.00% of excess over $ 83600 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 174400 but not over $ 379150 $ 42449, plus 33.00% of excess over $ 174400 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 379150 ........................ $ 110017, plus 35.00% of excess over $ 379150 29.02% <=> 35.00% effective overall tax rate as income goes to infinity2011 tax rate schedule with figures INFLATION-ADJUSTED to 2014 dollars(for SINGLE taxpayer) ... the multiplier is 1.050651139 based on the average of the last 12 monthly figures through and including October 2014 released in mid-November 2014)
Not over $ 8931 ................................... 10.00% of the taxable income 10.00% effective overall tax rate Over $ 8931 but not over $ 36247 $ 893, plus 15.00% of excess over $ 8931 13.02% effective overall tax rate(computed on tax on middle of income range) Over $ 36247 but not over $ 87834 $ 4991, plus 25.00% of excess over $ 36247 18.44% effective overall tax rate(computed on tax on middle of income range) Over $ 87834 but not over $ 183234 $ 17887, plus 28.00% of excess over $ 87834 23.05% effective overall tax rate(computed on tax on middle of income range) Over $ 183234 but not over $ 398354 $ 44599, plus 33.00% of excess over $ 183234 27.54% effective overall tax rate(computed on tax on middle of income range) Over $ 398354 ........................ $ 115589, plus 35.00% of excess over $ 398354 29.02% <=> 35.00% effective overall tax rate as income goes to infinity
2011 1954 using exact decimal values of taxes (not integers) ____ ____ taxable income in 2014 dollars $ 10000 tax due in 2014 dollars $ 1053 2000 percentage of taxable income= 10.53% for tax year 2011 percentage of 1954 taxes 52.67% taxable income in 2014 dollars $ 20000 tax due in 2014 dollars $ 2553 4049 percentage of taxable income= 12.77% for tax year 2011 percentage of 1954 taxes 63.07% taxable income in 2014 dollars $ 30000 tax due in 2014 dollars $ 4053 6249 percentage of taxable income= 13.51% for tax year 2011 percentage of 1954 taxes 64.87% taxable income in 2014 dollars $ 40000 tax due in 2014 dollars $ 5929 8643 percentage of taxable income= 14.82% for tax year 2011 percentage of 1954 taxes 68.60% taxable income in 2014 dollars $ 50000 tax due in 2014 dollars $ 8429 11243 percentage of taxable income= 16.86% for tax year 2011 percentage of 1954 taxes 74.97% taxable income in 2014 dollars $ 60000 tax due in 2014 dollars $ 10929 14134 percentage of taxable income= 18.21% for tax year 2011 percentage of 1954 taxes 77.32% taxable income in 2014 dollars $ 70000 tax due in 2014 dollars $ 13429 17134 percentage of taxable income= 19.18% for tax year 2011 percentage of 1954 taxes 78.37% taxable income in 2014 dollars $ 80000 tax due in 2014 dollars $ 15929 20523 percentage of taxable income= 19.91% for tax year 2011 percentage of 1954 taxes 77.61% taxable income in 2014 dollars $ 90000 tax due in 2014 dollars $ 18494 24009 percentage of taxable income= 20.55% for tax year 2011 percentage of 1954 taxes 77.03% taxable income in 2014 dollars $ 100000 tax due in 2014 dollars $ 21294 27809 percentage of taxable income= 21.29% for tax year 2011 percentage of 1954 taxes 76.57% taxable income in 2014 dollars $ 150000 tax due in 2014 dollars $ 35294 50400 percentage of taxable income= 23.53% for tax year 2011 percentage of 1954 taxes 70.03% taxable income in 2014 dollars $ 200000 tax due in 2014 dollars $ 50132 77586 percentage of taxable income= 25.07% for tax year 2011 percentage of 1954 taxes 64.61% taxable income in 2014 dollars $ 250000 tax due in 2014 dollars $ 66632 107734 percentage of taxable income= 26.65% for tax year 2011 percentage of 1954 taxes 61.85% taxable income in 2014 dollars $ 300000 tax due in 2014 dollars $ 83132 139299 percentage of taxable income= 27.71% for tax year 2011 percentage of 1954 taxes 59.68% taxable income in 2014 dollars $ 350000 tax due in 2014 dollars $ 99632 172445 percentage of taxable income= 28.47% for tax year 2011 percentage of 1954 taxes 57.78% taxable income in 2014 dollars $ 400000 tax due in 2014 dollars $ 116165 207348 percentage of taxable income= 29.04% for tax year 2011 percentage of 1954 taxes 56.02% taxable income in 2014 dollars $ 450000 tax due in 2014 dollars $ 133665 243670 percentage of taxable income= 29.70% for tax year 2011 percentage of 1954 taxes 54.85% taxable income in 2014 dollars $ 500000 tax due in 2014 dollars $ 151165 281170 percentage of taxable income= 30.23% for tax year 2011 percentage of 1954 taxes 53.76% taxable income in 2014 dollars $ 600000 tax due in 2014 dollars $ 186165 358356 percentage of taxable income= 31.03% for tax year 2011 percentage of 1954 taxes 51.95% taxable income in 2014 dollars $ 700000 tax due in 2014 dollars $ 221165 438906 percentage of taxable income= 31.59% for tax year 2011 percentage of 1954 taxes 50.39% taxable income in 2014 dollars $ 800000 tax due in 2014 dollars $ 256165 523100 percentage of taxable income= 32.02% for tax year 2011 percentage of 1954 taxes 48.97% taxable income in 2014 dollars $ 900000 tax due in 2014 dollars $ 291165 610528 percentage of taxable income= 32.35% for tax year 2011 percentage of 1954 taxes 47.69% taxable income in 2014 dollars $ 1000000 tax due in 2014 dollars $ 326165 699528 percentage of taxable income= 32.62% for tax year 2011 percentage of 1954 taxes 46.63%