Swedish fashion, much like Swedish architecture and design, is characterized by modernity, simplicity and clean geometric shapes. On the streets of Sweden, women often pair gray and black skinny...
For income made in 2015, the highest marginal income tax rate in the U.S. has been set at 39.6%. That will apply to single filers who made more than $413,201, to married joint filers who made over $464,850 and to heads of household who made at least $439,001. The income tax rate applies not necessarily to one's entire income, but only to taxable income, or gross adjusted income.
At 60.2%, Denmark last year had the highest top personal income tax rate among the 34 countries in the OECD, an organization of developed and emerging countries. And that 60.2% applied to income over roughly $55,000. That's a bigger bite than wealthy Californians face on their paychecks and other earned income. California, which recently raised taxes on the wealthy, now has the highest combined federal and state income tax rate in the United States.