Ad
related to: 2010 california income tax table chart images download full
Search results
Results from the WOW.Com Content Network
California levies a 9.3 percent maximum variable rate income tax, with six tax brackets, collecting about $40 billion per year (representing approximately 51% of General Fund revenue and 40% of tax revenue overall in FY2007). [2] California has a state sales tax of 8.25%, which can total up to 10.75% with local sales tax included. [3]
By law, the thresholds for the marginal federal income tax brackets must change each year to keep pace with inflation. For 2010, those brackets are as follows: Individual Taxpayers 10% on taxable ...
At 7.25%, California has the highest minimum statewide sales tax rate in the United States, [8] which can total up to 10.75% with local sales taxes included. [9]Sales and use taxes in California (state and local) are collected by the California Department of Tax and Fee Administration, whereas income and franchise taxes are collected by the Franchise Tax Board.
This is a table of the total federal tax revenue by state, federal district, and territory collected by the U.S. Internal Revenue Service. Gross Collections indicates the total federal tax revenue collected by the IRS from each U.S. state , the District of Columbia , and Puerto Rico .
Californians pay the highest marginal state income tax rate in the country — 13.3%, according to Tax Foundation data. But California has a graduated tax rate, which means your rate increases ...
The next 15% of income earners in California, or families with incomes between $145,900 to $352,300, will pay 10.8% of their income in taxes this year. The U.S. average is 9.5%.
In addition to federal income tax collected by the United States, most individual U.S. states collect a state income tax. Some local governments also impose an income tax, often based on state income tax calculations. Forty-one states, the District of Columbia, and many localities in the United States impose an income tax on individuals. Nine ...
Income tax increases are in the air. Unless something unforeseen surfaces on the economic or political landscape, it looks like the Obama Administration and the Democratic Party-led Congress will ...
Ad
related to: 2010 california income tax table chart images download full