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Year End Investing Tax Tips - Special Report

Quiz: QUIZ: Taxes - Then and Now

Question 2 of 10

What percentage of taxpayers occupy the top two tax brackets?

  1. 1.5%
  2. 2.5%
  3. 3.5%
  4. 4.5%
Correct!

This applied to individuals with incomes of $200,000 or more and joint filiers with incomes of $250,000 or more. At that level, the tax rate is 33 percent . It goes as high as 35 percent.

SOURCE: In Tax Cut Plan, Debate Over the Definition of Rich | CNBC.com