Click on the degree graphics below to see a Webpage about the regalia and further meaning of each degree (opens in new window). These degrees, the 4th through 14th, are called Ineffable Degrees because their principal purpose is the investigation and contemplation of the ineffable name of Deity.
Related: When top rate kicks in. At 60.2%, Denmark last year had the highest top personal income tax rate among the 34 countries in the OECD, an organization of developed and emerging countries. And that 60.2% applied to income over roughly $55,000. That's a bigger bite than wealthy Californians face on their paychecks and other earned income.
The average tax rate for taxpayers in the top 1 percent also increased from 23.4 percent to 23.5 percentâthe highest average tax rate of any income group. However, the average tax rate for the top 0.1 percent remained essentially flat, changing from 22.84 in 2010 to 22.82 percent in 2011.1] The IRS data continues to reflect the fact that half of all taxpayers pay nearly all income taxes. However, the improving economy resulted in a spreading of the tax burden as the number of filers increased along with incomes and taxes paid for all income groups except the top 0.1 percent.