Sterling Investment Services, Inc. |
|
Flat Tax Analysis |
October 21st,2008 |
|
|
|
|
|
Tax Rate |
|
17.0% |
|
|
Personal Deduction |
|
|
|
$27,000 |
|
|
|
|
|
|
|
|
|
|
|
Tax |
Income |
|
Taxes Paid |
|
Rate |
$5,000 |
|
$0 |
|
0.00% |
$10,000 |
|
$0 |
|
0.00% |
$15,000 |
|
$0 |
|
0.00% |
$20,000 |
|
$0 |
|
0.00% |
$25,000 |
|
$0 |
|
0.00% |
$30,000 |
|
$510 |
|
1.70% |
$35,000 |
|
$1,360 |
|
3.89% |
$40,000 |
|
$2,210 |
|
5.53% |
$45,000 |
|
$3,060 |
|
6.80% |
$50,000 |
|
$3,910 |
|
7.82% |
$55,000 |
|
$4,760 |
|
8.65% |
$60,000 |
|
$5,610 |
|
9.35% |
$65,000 |
|
$6,460 |
|
9.94% |
$70,000 |
|
$7,310 |
|
10.44% |
$75,000 |
|
$8,160 |
|
10.88% |
$80,000 |
|
$9,010 |
|
11.26% |
$85,000 |
|
$9,860 |
|
11.60% |
$90,000 |
|
$10,710 |
|
11.90% |
$95,000 |
|
$11,560 |
|
12.17% |
$100,000 |
|
$12,410 |
|
12.41% |
$105,000 |
|
$13,260 |
|
12.63% |
$110,000 |
|
$14,110 |
|
12.83% |
$115,000 |
|
$14,960 |
|
13.01% |
$120,000 |
|
$15,810 |
|
13.18% |
$125,000 |
|
$16,660 |
|
13.33% |
$130,000 |
|
$17,510 |
|
13.47% |
$135,000 |
|
$18,360 |
|
13.60% |
$140,000 |
|
$19,210 |
|
13.72% |
$145,000 |
|
$20,060 |
|
13.83% |
$150,000 |
|
$20,910 |
|
13.94% |
$155,000 |
|
$21,760 |
|
14.04% |
$160,000 |
|
$22,610 |
|
14.13% |
$165,000 |
|
$23,460 |
|
14.22% |
$170,000 |
|
$24,310 |
|
14.30% |
$175,000 |
|
$25,160 |
|
14.38% |
$180,000 |
|
$26,010 |
|
14.45% |
$185,000 |
|
$26,860 |
|
14.52% |
$190,000 |
|
$27,710 |
|
14.58% |
$195,000 |
|
$28,560 |
|
14.65% |
$200,000 |
|
$29,410 |
|
14.71% |
$205,000 |
|
$30,260 |
|
14.76% |
$210,000 |
|
$31,110 |
|
14.81% |
$215,000 |
|
$31,960 |
|
14.87% |
$220,000 |
|
$32,810 |
|
14.91% |
$225,000 |
|
$33,660 |
|
14.96% |
$230,000 |
|
$34,510 |
|
15.00% |
$235,000 |
|
$35,360 |
|
15.05% |
$240,000 |
|
$36,210 |
|
15.09% |
$245,000 |
|
$37,060 |
|
15.13% |
$250,000 |
|
$37,910 |
|
15.16% |
$300,000 |
|
$46,410 |
|
15.47% |
$350,000 |
|
$54,910 |
|
15.69% |
$400,000 |
|
$63,410 |
|
15.85% |
$450,000 |
|
$71,910 |
|
15.98% |
$500,000 |
|
$80,410 |
|
16.08% |
$550,000 |
|
$88,910 |
|
16.17% |
$600,000 |
|
$97,410 |
|
16.24% |
$650,000 |
|
$105,910 |
|
16.29% |
$700,000 |
|
$114,410 |
|
16.34% |
$750,000 |
|
$122,910 |
|
16.39% |
$800,000 |
|
$131,410 |
|
16.43% |
$850,000 |
|
$139,910 |
|
16.46% |
$900,000 |
|
$148,410 |
|
16.49% |
$950,000 |
|
$156,910 |
|
16.52% |
$1,000,000 |
|
$165,410 |
|
16.54% |
$1,050,000 |
|
$173,910 |
|
16.56% |
$1,100,000 |
|
$182,410 |
|
16.58% |
$1,150,000 |
|
$190,910 |
|
16.60% |
$1,200,000 |
|
$199,410 |
|
16.62% |
$1,250,000 |
|
$207,910 |
|
16.63% |
$1,300,000 |
|
$216,410 |
|
16.65% |
$1,350,000 |
|
$224,910 |
|
16.66% |
$1,400,000 |
|
$233,410 |
|
16.67% |
$1,450,000 |
|
$241,910 |
|
16.68% |
$1,500,000 |
|
$250,410 |
|
16.69% |
$1,550,000 |
|
$258,910 |
|
16.704% |
$1,600,000 |
|
$267,410 |
|
16.713% |
$1,650,000 |
|
$275,910 |
|
16.722% |
$1,700,000 |
|
$284,410 |
|
16.730% |
$1,750,000 |
|
$292,910 |
|
16.738% |
$1,800,000 |
|
$301,410 |
|
16.745% |
$1,850,000 |
|
$309,910 |
|
16.752% |
$1,900,000 |
|
$318,410 |
|
16.758% |
$1,950,000 |
|
$326,910 |
|
16.765% |
$2,000,000 |
|
$335,410 |
|
16.771% |
$2,050,000 |
|
$343,910 |
|
16.776% |
$2,100,000 |
|
$352,410 |
|
16.781% |
$2,150,000 |
|
$360,910 |
|
16.787% |
$2,200,000 |
|
$369,410 |
|
16.791% |
$2,250,000 |
|
$377,910 |
|
16.796% |
$2,300,000 |
|
$386,410 |
|
16.800% |
$2,350,000 |
|
$394,910 |
|
16.805% |
$2,400,000 |
|
$403,410 |
|
16.809% |
$2,450,000 |
|
$411,910 |
|
16.813% |
$2,500,000 |
|
$420,410 |
|
16.816% |
$2,600,000 |
|
$437,410 |
|
16.823% |
$2,700,000 |
|
$454,410 |
|
16.830% |
$2,800,000 |
|
$471,410 |
|
16.836% |
$2,900,000 |
|
$488,410 |
|
16.842% |
$3,000,000 |
|
$505,410 |
|
16.847% |
$3,100,000 |
|
$522,410 |
|
16.852% |
$3,200,000 |
|
$539,410 |
|
16.857% |
$3,300,000 |
|
$556,410 |
|
16.861% |
$3,400,000 |
|
$573,410 |
|
16.865% |
$3,500,000 |
|
$590,410 |
|
16.869% |
$3,600,000 |
|
$607,410 |
|
16.873% |
$3,700,000 |
|
$624,410 |
|
16.876% |
$3,800,000 |
|
$641,410 |
|
16.879% |
$3,900,000 |
|
$658,410 |
|
16.882% |
$4,000,000 |
|
$675,410 |
|
16.885% |
$4,100,000 |
|
$692,410 |
|
16.888% |
$4,200,000 |
|
$709,410 |
|
16.891% |
$4,300,000 |
|
$726,410 |
|
16.893% |
$4,400,000 |
|
$743,410 |
|
16.896% |
$4,500,000 |
|
$760,410 |
|
16.898% |
$4,600,000 |
|
$777,410 |
|
16.900% |
$4,700,000 |
|
$794,410 |
|
16.902% |
$4,800,000 |
|
$811,410 |
|
16.904% |
$4,900,000 |
|
$828,410 |
|
16.906% |
$5,000,000 |
|
$845,410 |
|
16.908% |
$6,000,000 |
|
$1,015,410 |
|
16.924% |
$7,000,000 |
|
$1,185,410 |
|
16.934% |
$8,000,000 |
|
$1,355,410 |
|
16.943% |
$9,000,000 |
|
$1,525,410 |
|
16.949% |
$10,000,000 |
|
$1,695,410 |
|
16.954% |
|
|