Tax Brackets

Since there was a comment left about the tax brackets and what they looked like for the poor to the rich, I have decided that this blog would be dedicated to that. It will assist in the part of the presentation that would be about the misconception on taxes with the notion that the rich need to pay more. A common misrepresentation among the populace is that the rich do not pay up to the amount of the taxes that they should. However, through the 2015 Tax Brackets as well as the data that is view-able on the United States Census Bureau website here, it is seen that the average income of Americans falls into the 15% range for the categories provided while the maximum tax rate is established for those making large six figure amounts each year. So while many people may argue that the rich do not step up and pay the amount of taxes they should, they in fact pay a large amount compared to most of society based on the tax brackets. If you would like a more in-depth view of the tax brackets, click here.