2 in a million
1 in a million
10 percent
As of this year the top twenty percent of income in the United States is "a household income of just over $100,000. The top 10 percent of earners have a household income of more than $148,687."
debit cash 9000debit tax 1000credit interest income 10000
This is known as a TITHE.
Tithe (or tithing)
Tithe
The low tax bracket for 2008 federal tax brackets is 10 percent for taxable income between $0 and $8,025. The high tax bracket for 2008 is 35 percent for taxable income between $357,700 and above.For 2009 federal tax brackets, the low tax bracket is 10 percent for taxable income between $0 and $8,350. The high tax bracket is 35 percent for taxable income between $372,950 and up.For more information, go to www.irs.gov/newsroom for Article IR-2007-172 (2008 Inflation Adjustments Widen Tax Brackets) and IR-2008-117 (2009 Inflation Adjustments Widen Tax Brackets and Expand Tax Benefits).
Top 10 percent income refers to the highest-earning segment of a population, typically defined by income thresholds that vary by country and year. In the United States, for example, households in the top 10 percent often have annual incomes exceeding around $200,000, though this figure can fluctuate based on economic conditions and regional differences. This demographic holds a significant share of total income and wealth in the economy, highlighting disparities in income distribution.
Tax is calculated as a percent from income/transaction. Cess is calculated on tax. Example: Income: 1,00,000 Tax: 10% Cess: 5% Tax= 10% of 1,00,000= 10,000 Cess= 5% of tax= 5% 0f 10,000= 500
$13000 or an increase of $3000.
It depends on the filing status. For 2008: (Tax Rate Schedule X) * 10% on income between $0 and $8,025* 15% on the income between $8,025 and $32,550; plus $802.50* 25% on the income between $32,550 and $78,850; plus $4,481.25* 28% on the income between $78,850 and $164,550; plus $16,056.25* 33% on the income between $164,550 and $357,700; plus $40,052.25* 35% on the income over $357,700; plus$103,791.75(Tax Rate Schedule Y-1) * 10% on the income between $0 and $16,050* 15% on the income between $16,050 and $65,100; plus $1,605.00* 25% on the income between $65,100 and $131,450; plus $8,962.50* 28% on the income between $131,450 and $200,300; plus $25,550.00* 33% on the income between $200,300 and $357,700; plus $44,828.00* 35% on the income over $357,700; plus$96,770.00(Tax Rate Schedule Y-2) * 10% on the income between $0 and $8,025* 15% on the income between $8,025 and $32,550; plus $802.50* 25% on the income between $32,550 and $65,725; plus $4,481.25* 28% on the income between $65,725 and $100,150; plus $12,775.00* 33% on the income between $100,150 and $178,850; plus $22,414.00* 35% on the income over $178,850; plus$48,385.00(Tax Rate Schedule Z) * 10% on the income between $0 and $11,450* 15% on the income between $11,450 and $43,650; plus $1,145.00* 25% on the income between $43,650 and $112,650; plus $5,975.00* 28% on the income between $112,650 and $182,400; plus $23,225.00* 33% on the income between $182,400 and $357,700; plus $42,755.00* 35% on the income over $357,700; plus$100,604.00