taxes

2017 Tax Brackets

Every year, the IRS adjusts more than 40 tax provisions for inflation. This is done to prevent what is called “bracket creep.” This is the phenomenon by which people are pushed into higher income tax brackets or have reduced value from credits or deductions due to inflation, instead of any increase in real income.

The Tax Foundation has published and analyzed these new tax brackets and published them in their new report.

Click here to read the full publication →