Great article...regarding taxes and leftist - Dallas-Mavs.com Forums

jefelump · 06-27-2008, 07:37 PM

Quote:

Originally Posted by GermanDunk

What´s the max % of incometax you have to pay in U.S. ?

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%.

I don't know if the rates are different for investments and capital gains.

GermanDunk · 06-28-2008, 10:07 AM

Quote:

Originally Posted by jefelump

I don't know if the rates are different for investments and capital gains.

Most countries have different rates on that sort of income. Can´t imagine, U.S. does different.

Quote:

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...