Detailed Breakdown of Tax Brackets

May 26, 2010

Filing Status

Pre-Bush Tax Policy

Bush Tax Policy

Tax Policy Under Pres. Obama’s Proposed Budget

Tax Policy Under House Democrats’ Proposal

Tax rate

On income between

Tax rate

On income between

Tax rate

On income between

Tax rate

On income between

10.00%

$0-8500

10%

$0-8500

10%

$0-8500

Single

15.00%

$0-34500

15.00%

$8500-34500

15%

$8500-34500

15%

$8500-34500

28.00%

$34500-83600

25.00%

$34500-83600

25%

$34500-83600

25%

$34500-83600

31.00%

$83600-174400

28.00%

$83600-174400

28%

$83600-193800

28%

$83600-174400

36.00%

$174400-379150

33.00%

$174400-379150

36%

$193800-379150

33%

$174400-193800

36%

$193800-379150

39.60%

$379150+

35.00%

$379150+

39.60%

$379150+

39.60%

$379150+

Married Filing Joint and Widow(er)

10.00%

$0-17000

10%

$0-17000

10%

$0-17000

15.00%

$0-57650

15.00%

$17000-69000

15%

$17000-69000

15%

$17000-69000

28.00%

$57650-139350

25.00%

$69000-139350

25%

$69000-139350

25%

$69000-139350

31.00%

$139350-212300

28.00%

$139350-212300

28%

$139350-235150

28%

$139350-212300

36.00%

$212300-379150

33.00%

$212300-379150

36%

$235150-379150

33%

$212300-235150

36%

$235150-379150

39.60%

$379150+

35.00%

$379150+

39.60%

$379150+

39.60%

$379150+

Head of Household

10.00%

$0-12150

10%

$0-12150

10%

$0-12150

15.00%

$0-46250

15.00%

$12150-46250

15%

$12150-46250

15%

$12150-46250

28.00%

$46250-119400

25.00%

$46250-119400

25%

$46250-119400

25%

$46250-119400

31.00%

$119400-193350

28.00%

$119400-193350

28%

$119400-214450

28%

$119400-193350

36.00%

$193350-379150

33.00%

$193350-379150

36%

$214450-379150

33%

$193350-214450

36%

$214450-379150

39.60%

$379150+

35.00%

$379150+

39.60%

$379150+

39.60%

$379150+

(a) This scenario represents what tax law would be in 2011 if all the Bush tax cuts were to expire as scheduled at the end of 2010 and none of Obama’s policies were implemented.

(b) This scenario represents what tax law would be if Bush-era tax policy, most of which exires at the end of 2010, was extended into 2011.

(c) This scenario represents President Obama’s proposed tax policy in 2011. It includes extension of those Bush-era tax cuts that benefit lower-income taxpayers and expiration of those that benefit higher-income taxpayers. It also includes some new policies proposed by the Obama administration.

Note: Tax parameters that are indexed for inflation have been adjusted to reflect Tax Foundation’s inflation projection for 2011.


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