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Originally Posted by jefelump
I don't know if the rates are different for investments and capital gains.
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Most countries have different rates on that sort of income. Can´t imagine, U.S. does different.
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Originally Posted by jefelump
Here is a link to the 2007 IRS tax tables.
http://www.irs.gov/formspubs/article...164272,00.html
The highest percentage shown is 35%, but that's only for the amount of money earned over X dollars. After you determine the total tax and then take the overall percentage, it will be less than 35%. |
Ah, thanks for the chart.. Interesting thing. Now i know better why so many people from germany are leaving our country to work in the united states....
So "$0 - $11,200 10% of the amount over $0" means even the first 11200 $ are taxable ? Hm...