What is a personal income tax rate?

Answer The personal income tax rate refers to the highest percentage of income taxes you pay. Since the United States uses a progressive system, you pay different percentage rates on different income leve... Read More »

Top Q&A For: What is a personal income tax rate

What is the personal income tax rate in wisconsin?

Like many states, Wisconsin imposes a personal income tax. This tax applies to both residents and non-residents who have income from Wisconsin sources.FeaturesWisconsin has a progressive income tax... Read More »

What is the maximum personal income tax rate in Canada?

According to the Canada Revenue Tax Agency, as of 2009 the maximum personal income tax rate is 29 percent, which begins when a taxpayer's taxable income is $126,624. The 15 percent tax rate, which ... Read More »

Under what administration was the top marginal rate of the federal personal income tax lowered?

Many presidential administrations have lowered the top marginal tax rate on personal income. However, the most drastic and permanent decreases came during the Reagan Administration. The top margina... Read More »

How does the Rate of tax on vacation compare to the rate paid on income?

Your vacation pay income tax rate will be the same as the income tax rate on all of your other gross wages income from the same employer.