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.
In the United States, taxes are withheld on a sliding scale that's designed to extract more revenue from high-earning individuals. If you earn $40,000 per year, your taxes may be withheld at a relatively modest rate of 15 or 20 percent. If you earn $100,000 per year, your taxes will be withheld at a far higher rate. The highest income tax rate is currently 39.6 percent. Since these rates fluctuate from year to year, it's important to keep abreast of any legislative trends that may affect them.