The Patriot Post® · Tax Table -- Income Tax Cuts for All

By Albert Maslar ·
https://patriotpost.us/commentary/18466-tax-table-income-tax-cuts-for-all-2013-06-03

TAX TABLE: Personal & Business: Will encourage Business & Jobs

TAXABLE AMOUNT         TAX RATE      TAX DUE    PCT PAID

Up to $            5,000             0.3%               15          0.30%
Up to $           10,000            0.5%               40          0.40%
Up to $           20,000            1.0%              140         0.70%
Up to $           30,000            1.5%              290         0.97%
Up to $           40,000            2.0%              490         1.23%
Up to $           50,000            2.5%              740         1.48%
Up to $           60,000            3.0%            1,040        1.73%
Up to $           70,000            3.5%            1,390        2.00%
Up to $           80,000            4.0%            1,790        2.24%
Up to $           90,000            4.5%            2,240        2.49%

Up to $         100,000            5.0%            2,740        2.74%
Up to $         200,000            6.0%            8,740        4.37%
Up to $         300,000            6.5%           15,240       5.08%
Up to $         400,000            7.0%           22,240       5.56%

Up to $         500,000           7.5%           29,740        5.95%
Up to $         600,000           8.0%           37,740        6.29%
Up to $         700,000           8.5%           46,240        6.61%
Up to $         800,000           9.0%           55,240        6.90%
Up to $         900,000           9.5%           64,740        7.15%

Up to $      1,000,000         10.0%           74,740         7.47%
Up to $      2,000,000         12.0%          194,740         9.72%
Up to $      3,000,000         13.0%          324,740       10.82%
Up to $      4,000,000         14.0%          464,740       11.62%
Up to $      5,000,000         15.0%          614,740       12.29%

Up to $    10,000,000        16.0%         1,414,740      14.15%
Up to $    20,000,000        17.0%         3,114,740      15.57%
Up to $    30,000,000        18.0%         4,914,740      16.38%
Up to $    40,000,000        19.0%         6,814,740      17.04%
Up to $    50,000,000        20.0%         8,814,740      17.63%
Up to $   100,000,000       20.0%       18,814,740      18.81%

$ BILLIONS:

Up to $ 1,000,000,000      20.0%       198,814,740     19.88%
Up to $ 2,000,000,000      20.0%       398,814,740     19.94%
Up to $ 5,000,000,000      20.0%       998,814,740     19.97%