In the US, from 2009 to 2012, Apple paid $5.6 billion on $65 billon in Profits, making the real tax rate 8.6%....this is a main reason that Apple is so profitable, it pays very little tax to the US Treasury. It funnels its income to Ireland where the country allows it to pay virtually no income tax...from a Wall Street Journal article I read recently...
The United States has a progressive income tax system. The highest current rate of income tax on a personal return is 33%.
Yes, normally it's a 20% tax rate.
1951-1963
35%.
4.1
Four states have a sales tax rate of 7%, the largest in the US: Indiana, Mississippi, New Jersey, and Rhode Island.
The tax per annum is determined by the government approved tax rates for particular income brackets. The current tax rate for a 200,000 annual income in the US is 13.8% the federal tax rate is 24.0%.
The top marginal tax rate was reduced to 58% in 1922, to 25% in 1925, and finally to 24% in 1929. In 1932 the top marginal tax rate was increased to 63% during the Great Depression and steadily increased, reaching 94% (on all income over $200,000) in 1945. During World War II, Congress introduced payroll withholding and quarterly tax payments. Top marginal tax rates stayed near or above 90% until 1964 when the top marginal tax rate was lowered to 70%. The top marginal tax rate was lowered to 50% in 1982 and eventually to 28% in 1988. However, in the intervening years Congress subsequently increased the top marginal tax rate to 35% (the top marginal tax rate as of 2007).
The 2009 federal tax rate schedules can be found in the 2009 Form 1040ES instructions: http://www.irs.gov/pub/irs-pdf/f1040es.pdf
Capital gain taxes are based in large part on your ordinary tax rate.... * Ordinary tax rate 10%, long term capital gains tax 0%, short term capital gains tax 10% * Ordinary tax rate 15%, long term capital gains tax 0%, short term capital gains tax 15% * Ordinary tax rate 25%, long term capital gains tax 15%, short term capital gains tax 25% * Ordinary tax rate 28%, long term capital gains tax 15%, short term capital gains tax 28% * Ordinary tax rate 33%, long term capital gains tax 15%, short term capital gains tax 33% * Ordinary tax rate 35%, long term capital gains tax 15%, short term capital gains tax 35%
On US $34,000, for a single filer, the tax rate is 15 percent. The tax rate is the same whether filing as married or head of household.