annadelrey annadelrey
  • 23-02-2018
  • Mathematics
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What of these types of income is taxed?

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StephanieLizbeth3563
StephanieLizbeth3563 StephanieLizbeth3563
  • 23-02-2018
In most cases, income tax brackets are progressive, meaning that the greater the income, the higher the rate of taxation. Federal rates for the 2013 tax year range from 10 to 39.6 percent. State and city rates are generally much lower.
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