This chart describes the expected percentage of people who perform the job of Project Manager I in Los Angeles, CA that make less than that salary. For example 50% of the people who perform the job of Project Manager I in Los Angeles are expected to make less than the median.
As of 2013, the IRS had seven different tax rates. Taxpayers with the smallest taxable incomes paid 10 percent, and tax rates rose with income to 15, 25, 28, 33, 35 and 39.6 percent. The highest rate that applies to your income is your tax bracket.. But here's the tricky part: Even if you're in, say, the 25 percent tax bracket, your taxes don't actually equal 25 percent of your taxable income. Often, your true tax rate doesn't even come close to your bracket rate.
The top 10 percent and top 1 percent pay smaller shares of the tax burden when looking at total federal taxes than federal income taxes because the payroll tax, which accounts for more than a third of all federal tax receipts, is more evenly distributed than the income tax.he top 10 percent pays 53.3 percent of all federal taxes. When looking at just federal income taxes, they pay 68 percent of the burden. The top 1 percent pays 24 percent of all federal taxes compared to 35 percent of all federal income taxes. The data for total federal taxes comes from the Congressional Budget Office.