Thursday, December 08, 2005

snapshot for the taxrate in 2006

For married filing jointly
taxable income(x) tax
0----14600 x*10%
14600----59400 1460+(x-14600)*15%
59400---119950 8180+(x-59400)*25%
119950--182800 23317.5+(x-119950)*28%
182800--326400 40915.50+(x-182800)*33%
326450---infinity 88320+(x-326450)*35%


standard deduction: 10000
Personal Exemption: 3200

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