Federal tax brackets
Federal tax brackets
Federal tax brackets are defined levels of income that correspond to the percentage of federal income tax imposed on that income level. For example, in the 2007 tax year, the lowest tax bracket is defined as income between $0 and $7,825, which is assessed 10 percent income tax; the highest bracket is income in excess of $349,700, which is assessed 35 percent income tax.
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| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed |
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