Current tax rates at inflation-adjusted tax brackets, for 2024, based on inflation to 2024, and 2022 tax year tax distributions
| Tax rate | Current band |
|---|---|
| 10.5% | $0 - $14,000 |
| 17.5% | $14,001 - $48,000 |
| 30.0% | $48,001 - $70,000 |
| 33.0% | $70,001 - $180,000 |
| 39.0% | $180,001 + |
| Change in tax collected, $b | $0.00 |
| Tax rate | If adjusted for inflation since 2011 |
| 10.5% | $0 - $18,976 |
| 17.5% | $18,977 - $65,061 |
| 30.0% | $65,062 - $94,881 |
| 33.0% | $94,882 - $213,539 |
| 39.0% | $213,540 + |
| Change in tax collected, $b | $4.60 |
| Tax rate | If adjusted for inflation since 2017 |
| 10.5% | $0 - $17,738 |
| 17.5% | $17,739 - $60,816 |
| 30.0% | $60,817 - $88,690 |
| 33.0% | $88,691 - $213,539 |
| 39.0% | $213,540 + |
| Change in tax collected, $b | $3.69 |
| Tax rate | If adjusted for inflation since 2023 |
| 10.5% | $0 - $14,563 |
| 17.5% | $14,564 - $49,931 |
| 30.0% | $49,932 - $72,816 |
| 33.0% | $72,817 - $187,241 |
| 39.0% | $187,242 + |
| Change in tax collected, $b | $0.63 |
| Current band | $0 - $14,000 | $14,001 - $48,000 | $48,001 - $70,000 | $70,001 - $180,000 | $180,001 + | $0.00 |
|---|---|---|---|---|---|---|
| If adjusted for inflation since 2011 | $0 - $18,976 | $18,977 - $65,061 | $65,062 - $94,881 | $94,882 - $213,539 | $213,540 + | $4.60 |
| If adjusted for inflation since 2017 | $0 - $17,738 | $17,739 - $60,816 | $60,817 - $88,690 | $88,691 - $213,539 | $213,540 + | $3.69 |
| If adjusted for inflation since 2023 | $0 - $14,563 | $14,564 - $49,931 | $49,932 - $72,816 | $72,817 - $187,241 | $187,242 + | $0.63 |