By: Neal Meldrum, Senior Industry Solutions Manager, Microsoft. The factory of the future is a complex ecosystem of self-regulating machines and sites, able to customize output and optimally allocate resources. Read now
Personal income tax. Pennsylvania has a flat tax rate of 3.07% on individual income, with no personal exemptions.
As of 2013, the federal government taxed ordinary income, minus deductions, at seven different rates. Those rates: 10 percent, 15 percent, 25 percent, 28 percent, 33 percent, 35 percent and 39.6 percent. Each rate applies to a different portion of taxable ordinary income. For example, in 2013, a single taxpayer with taxable ordinary income of $50,000 would pay 10 percent on taxable income up to $8,925, then 15 percent on taxable income from $8,925 to $36,250, and then 25 percent on income from $36,250 to $50,000. Your tax bracket is the highest rate that applies to your ordinary income.