# What are 2010 tax brackets?

## What are 2010 tax brackets?

How We Make Money

Tax rate Single filers Married filing jointly or qualifying widow/widower
10% Up to \$8,375 Up to \$16,750
15% \$8,376 – \$34,000 \$16,751 – \$68,000
25% \$34,001 – \$82,400 \$68,001 – \$137,300
28% \$82,401 – \$171,850 \$137,301 – \$209,250

## What was the US corporate tax rate in 2010?

12.7%
The trend in after-tax corporate profits as a percentage of national income is also shown in Figure A. Between 1947 and 2012, the average value was 7.4 percent….Corporate profits as a percentage of national income, 1947–2012.

Year Before-tax After-tax
2010 12.7% 11.0%
2011 13.1% 11.4%
2012 13.6% 11.4%

What was the tax rate in 1936?

Federal – 1936 Single Tax Brackets

Tax Bracket Tax Rate
\$10,000.00+ 11%
\$12,000.00+ 12%
\$14,000.00+ 13%
\$16,000.00+ 15%

What is the average individual tax rate?

The average single American contributed 29.8% of their earnings to three taxes in 2019—income taxes, Medicare, and Social Security. The average income tax rate for all Americans was 14.6% in 2017, according to the Tax Foundation’s method of calculation.

### What is the highest tax rate in US history?

Towards the end of the conflict, the highest marginal tax rate for U.S. earners was 94% while it remained as high as 91% well into the early 1960s. When Ronald Reagan became president in 1981, he slashed taxes, sending the marginal tax rate tumbling from 70% when he took office to just 28% when he departed.

### How much tax do you pay on \$1000000?

Taxes on one million dollars of earned income will fall within the highest income bracket mandated by the federal government. For the 2020 tax year, this is a 37% tax rate.

What percentage of US citizens pay income tax?

Another 32 million households did not file a tax return. In total, about 107 million Americans (or 60.6 percent of households) paid no federal income taxes.

Categories: Popular lifehacks