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.
What's more, their share of the tax burden is increasing. The top 10 percent of taxpayers paid over 70% of the total amount collected in federal income taxes in 2010, the latest year figures are available, according to the Tax Foundation, a think tank that advocates for lower taxes. That's up from 55% in 1986. The remaining 90% bore just under 30% of the tax burden.