Who sets federal income tax rates?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

Congress...through a very complex legal and political and financial process.
Tax rates and such are actually laws.
2 people found this useful

What is the maximum federal individual income tax rate?

Max is 35%, at what point that comes in to effect depends on your filing status (single, married, etc) and you pay the tax at the lower rate on your income up to that point.

Can the Federal Government change the rate of the income tax from year to year?

Well yes, and it can even be done retrospectively, or more than once a years, but it requires enacting law changes by Congress. Not normally an easy or fast process at best. P