What is the federal income tax percentage?

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Social Studies

Marley Zamora

27 July, 12:22

What is the federal income tax percentage?

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Landon Farley · Answer 1

Progressive system, marginal rates. The federal income tax is progressive, meaning that tax rates increase as your taxable income goes up. As of publication, for example, income was taxed at seven rates: 10 percent, 15 percent, 25 percent, 28 percent, 33 percent, 35 percent and 39.6 percent.