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**Fksxneng** · 06-22-2012, 05:06 AM

The tax table below will show in detail the New Jersey state income tax rates by income tax bracket(s). There are 6 income tax brackets for New Jersey.

If your income range is between $0 and $20,000, your tax rate on every dollar of income earned is 1.4%.

If your income range is between $20,001 and $35,000, your tax rate on every dollar of income earned is 1.75%.

If your income range is between $35,001 and $40,000, your tax rate on every dollar of income earned is 3.5%.

If your income range is between $40,001 and $75,000, your tax rate on every dollar of income earned is 5.525%.

If your income range is between $75,001 and $500,000, your tax rate on every dollar of income earned is 6.37%.

If your income range is $500,001 and over, your tax rate on every dollar of income earned is 8.97%.

It's 10% of the tax, not the rate.

Those are all too high. Add property tax, sales tax, turnpike tolls, and scads of other fees. You're kicking people's asses just for living in the state.

06-22-2012, 05:06 AM	#17
Fksxneng Join Date Oct 2005 Posts 477 Senior Member	The tax table below will show in detail the New Jersey state income tax rates by income tax bracket(s). There are 6 income tax brackets for New Jersey. If your income range is between $0 and $20,000, your tax rate on every dollar of income earned is 1.4%. If your income range is between $20,001 and $35,000, your tax rate on every dollar of income earned is 1.75%. If your income range is between $35,001 and $40,000, your tax rate on every dollar of income earned is 3.5%. If your income range is between $40,001 and $75,000, your tax rate on every dollar of income earned is 5.525%. If your income range is between $75,001 and $500,000, your tax rate on every dollar of income earned is 6.37%. If your income range is $500,001 and over, your tax rate on every dollar of income earned is 8.97%. It's 10% of the tax, not the rate. Those are all too high. Add property tax, sales tax, turnpike tolls, and scads of other fees. You're kicking people's asses just for living in the state.
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