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Hi, What are the tax brackets and AVERAGE tax rates in Texas for the 2007?



Hi, What are the tax brackets and AVERAGE tax rates in Texas for the 2007?

For 2006 federal rates (Texas has no income tax):

For single:

10% of income from 0 to 7,550
15% of income from 7,550 to 30,650
25% of income from 30,650 to 61,850
28% of income from 61,850 to 94,225
33% of income from 94,225 to 168,275
35% of income over 168,275

For head of househould:

10% of income from 0 to 10,750
15% of income from 10,750 to 41,050
25% of income from 41,050 to 106,000
28% of income from 106,000 to 171,650
33% of income from 171,650 to 336,550
35% of income over 336,550

For head of married joint or survivng spouse:

10% of income from 0 to 15,100
15% of income from 15,100 to 61,300
25% of income from 61,300 to 123,700
28% of income from 123,700 to 188,450
33% of income from 188,450 to 336,550
35% of income over 336,550

For head of married seperate:

10% of income from 0 to 7,550
15% of income from 7,550 to 30,650
25% of income from 30,650 to 61,850
28% of income from 61,850 to 94,225
33% of income from 94,225 to 168,275
35% of income over 168,275
TX doesn't have an income tax. So the averages are zero.

Property taxes are another story entirely. They are insanely high.
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