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  2. Taxation in New Mexico - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_New_Mexico

    Personal income tax rates for New Mexico range from 1.7% to 4.9%, within four income brackets. [9] The individual income tax rates are listed in the table below. [10] Rate. Income. Heads of household, widow (er)s, and married persons filing jointly. 1.7%. $8,000 or less. $136 plus 3.2% of excess over $8,000.

  3. Economy of New Mexico - Wikipedia

    en.wikipedia.org/wiki/Economy_of_New_Mexico

    Oil and gas production, tourism, and federal government spending are important drivers of New Mexico 's economy. The state government has an elaborate system of tax credits and technical assistance to promote job growth and business investment, especially in new technologies. In 2017 New Mexico's gross domestic product was $94.2 billion.

  4. Federal taxation and spending by state - Wikipedia

    en.wikipedia.org/wiki/Federal_taxation_and...

    Table. 2007 Population Estimate, US Census; Total Tax Revenue By Type and State Fiscal Year 2007 (XLS) Consolidated Federal Funds Report; 2000 Election Results, Federal Election Commission; 2004 Election Results, Federal Election Commission (PDF) 2008 Election Results, Federal Election Commission; America's Fiscal Union, The Economist; Tax ...

  5. 2023 Tax Brackets Are Here: Here’s What You’ll Owe Next Year

    www.aol.com/2021-tax-brackets-ll-owe-200004557.html

    So if you’re an unmarried individual with taxable income of $50,000, you won’t pay 22% of that $50,000 to Uncle Sam. According to the 2023 tax brackets, you’d pay: $1,110 — 10% on the ...

  6. IRS Tax Brackets: Federal Tax Rates and Tax Brackets for 2023 ...

    www.aol.com/irs-tax-brackets-much-ll-143030733.html

    What are the IRS income tax brackets for 2023? The 2023 federal tax brackets for single filers are as follows: 10% for incomes between $0 and $11,000. 12% for incomes between $11,001 to $44,725 ...

  7. Taxes 2023: Here are the biggest tax changes this year - AOL

    www.aol.com/finance/taxes-2023-biggest-tax...

    EITC CTC 2023 Filing Season. The enhanced CTC was not extended and returns to $2,000 per child dependent for the 2022 tax year, down from $3,600 last year. The other big change to the CTC is that ...

  8. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    Marginal tax rates and income brackets for 2023 Marginal tax rate [34] Single taxable income Married filing jointly or qualified widow(er) taxable income Married filing separately taxable income [35] Head of household taxable income 10% $0 – $11,000: $0 – $22,000: $0 – $11,000: $0 – $15,700 12% $11,000 – $44,725: $22,000 – $89,450

  9. Rate schedule (federal income tax) - Wikipedia

    en.wikipedia.org/wiki/Rate_schedule_(federal...

    The following steps apply the procedure outlined above: (1) Because he is single, the pertinent rate table is Schedule X. [2] (2) Given that his income falls between $164,296 and $209,425, he uses the fifth bracket in Schedule X. [2] (3) His federal income tax will be "$33,602.42 plus 32% of the amount over $164,295." [2]

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