According to the table, the average tax rate on $60,000 of income is Taxable Income Tax rate $0-$8,000 10% $8,000-$35,000 15% $35,000-$85,000 25% $85,000-$178,000 28% $178,600-$388,000 33% Over $388,000 35% 18.5% 20% 25% 10%