Table 2: What happens if you adjust the proportions of taxable income in each tax brackets

Current tax rates at current and proportion-adjusted tax brackets, for 2011 and 2022 taxable income distributions

Tax rate10.5%
Current brackets$0 - $14,000
Share of 2011 taxable income
4.6%
Current brackets$0 - $14,000
Share of 2022 taxable income
1.3%
Mar-24, adjusted$0 - $20,500
Share of 2022 taxable income, adjusted
4.6%
Tax rate17.5%
Current brackets$14,001 - $48,000
Share of 2011 taxable income
37.6%
Current brackets$14,001 - $48,000
Share of 2022 taxable income
21.1%
Mar-24, adjusted$20,501 - $65,000
Share of 2022 taxable income, adjusted
37.6%
Tax rate30.0%
Current brackets$48,001 - $70,000
Share of 2011 taxable income
22.8%
Current brackets$48,001 - $70,000
Share of 2022 taxable income
19.7%
Mar-24, adjusted$65,001 - $104,000
Share of 2022 taxable income, adjusted
22.8%
Tax rate33.0%
Current brackets$70001 - $180,000
Share of 2011 taxable income
27.3%
Current brackets$70001 - $180,000
Share of 2022 taxable income
42.7%
Mar-24, adjusted$104,001 - $283,500
Share of 2022 taxable income, adjusted
27.3%
Tax rate39.0%
Current brackets$180,001 +
Share of 2011 taxable income
7.8%
Current brackets$180,001 +
Share of 2022 taxable income
15.2%
Mar-24, adjusted$283,500 +
Share of 2022 taxable income, adjusted
7.8%
Table with 7 columns and 5 rows.
10.5%$0 - $14,000
4.6%
$0 - $14,000
1.3%
$0 - $20,500
4.6%
17.5%$14,001 - $48,000
37.6%
$14,001 - $48,000
21.1%
$20,501 - $65,000
37.6%
30.0%$48,001 - $70,000
22.8%
$48,001 - $70,000
19.7%
$65,001 - $104,000
22.8%
33.0%$70001 - $180,000
27.3%
$70001 - $180,000
42.7%
$104,001 - $283,500
27.3%
39.0%$180,001 +
7.8%
$180,001 +
15.2%
$283,500 +
7.8%