It is derived from the surname Brennan, which is an Anglicised form of the Irish Ã³ BraonÃ¡in. The popularity of (forms of) Brendan in Gaelic-speaking countries is thought to have influenced the use and popularity of the etymologically unrelated feminine name Brenda.
Federal Tax Brackets. Your tax bracket is the rate you pay on the last dollar you earn; but as a percentage of your income, your tax rate is generally less than that. First, here are the tax rates and the income ranges where they apply:
Tax Wedge. What is a 'Tax Wedge'. A tax wedge is the difference between before-tax and after-tax wages. The tax wedge measures how much the government receives as a result of taxing the labor force. 2. A measure of the market inefficiency that is created when a tax is imposed on a product or service.