Internal Revenue Service United States Department of the Treasury
Theme 3: Fairness in TaxesLesson 3: Progressive Taxes

 

Activity 3: How Much Will You Earn?

What career does your future hold? What will your salary be? What will your taxable income be? Visit the Web site of the U.S. Department of Labor's Occupational Outlook Handbook to explore occupations you might enter when you graduate. Click the "A-Z Index" link to search for the career that most interests you. Scroll down to the section titled "Earnings".

Answer the questions below by typing your answers in the space provided. To assess your answers, click the Check My Answers button at the bottom of the page.

U.S. Tax Brackets-2014
Single Taxpayer Rate
0- $9,075 10%
$9,075 to $36,900 15%
$36,900 to $89,350 25%
$89,350 to $186,350 28%
$186,350 to $405,100 33%
$405,100 to $406,750 35%
$406,750 and above 39.6%

 

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