Swedish fashion, much like Swedish architecture and design, is characterized by modernity, simplicity and clean geometric shapes. On the streets of Sweden, women often pair gray and black skinny...
For income made in 2015, the highest marginal income tax rate in the U.S. has been set at 39.6%. That will apply to single filers who made more than $413,201, to married joint filers who made over $464,850 and to heads of household who made at least $439,001. The income tax rate applies not necessarily to one's entire income, but only to taxable income, or gross adjusted income.
Fourty-four of the fifty states collect a state income tax, all of which are lower than the Federal Income Tax. The highest marginal tax bracket in any state is just over 10%, comparable to the lowest tax bracket in the Federal Income Tax. While most states use a bracketed system similar to the Federal Income Tax, some use a flat income tax which collects a single, low percentage of all income from the first dollar to the last.