Income Tax Rates
Income tax rates for 2011
The income tax rates for 2011, determined on the basis of your taxable income, are as follows:
| Income over
|
But not over
|
Rate
|
| 0
|
$39,060
|
16%
|
| $39,060
|
$78,120
|
20%
|
| $78,120
|
-
|
24%
|
Income tax rates for 2012
The income tax rates for 2012, determined on the basis of your taxable income, are as follows:
| Income over
|
But not over
|
Rate
|
| 0
|
$40,100
|
16%
|
| $40,100
|
$80,200
|
20%
|
| $80,200
|
-
|
24%
|