Statutory Individual Income Tax Rates and Other Elements of the Tax System: 1988 through 2008

Shvedov, Maxim

Library of Congress. Congressional Research Service.

关键词: Taxation;    Tax rates;    Taxpayers;   

RP-ID  :  RL34498
RP-ID  :  RL34498_2008May21

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report summarizes information about the tax brackets and other key elements of the tax system that determine taxpayer's statutory marginal tax rate. Such elements include tax brackets, exemptions, standard deductions, etc.Statutory individual income tax rates, also referred to as “statutory marginal tax rates,” are the rates of tax applicable to the last (marginal) increment of taxable income. Statutory rates play an important role in determining the real marginal tax rates, which affect taxpayers' economic behavior.