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How much income tax would one pay on a salary of $65,000 (not including deductions, etc)? (A relative approximation is okay). Reference: Imagine the United
How much income tax would one pay on a salary of $65,000 (not including deductions, etc)? (A relative approximation is okay).
Reference:
Imagine the United States has the following tax brackets for a single filer:
Income | Rate |
$0 - $10,000 | 5% |
$10,001 - $25,000 | 10% |
$25,001 - $50,000 | 20% |
$50,001 - $100,000 | 26% |
$100,001 + | 36.5% |
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