Anybody have a chart of what the tax rates were before the 2001 and 2003 Bush tax cuts?

[NJSecularist]

Specifically, I asking what the tax rates would be when Clinton or Obama (if they win the presidency) rescind Bush's 2001 and 2003 tax cuts?



Anybody have a handy chart or something of the sort? I'm looking for specifically what the dividend, capital gains and income tax for married couples per bracket would be.

Thanks.

[NJSecularist]

1. kick

Anybody know?

[Zynx]

2. I'll do my best to remember as I don't have the chart handy.

I think the brackets, in terms of percentages, were 15%, 20%, 28%, 35%, and 39.6%. I don't remember what incomes they kicked in at.

Capital gains taxes were at 20%.

Dividends were taxed at your highest income tax rate, whatever that was, instead of a flat 15%.

[NJSecularist]

4. Thank you for the info.

It's really appreciated.

[ThomWV]

3. What do you mean before the Bush cuts? I never got a cut in taxes from Bush.

I never made just the right amount of money (or more) that it took to get in on those cuts. What did they look like? Were they nice?

[NJSecularist]

5. hehe

:)

I see what you mean.

[Igel]

8. We did.

Family of 2, no mortgage or deductions. Our taxes decreased somewhere between $500 and $1k.

Gross family income was just under $30k at the time.

[liam_laddie]

6. here're some linx

Check Wiki's page on "Income Tax in the United States"
Kinda complex to select out what you want, though.
Try these? Go to the relevant forms or booklets...HTH

<http://www.unclefed.com/IRS-Forms/1998/index.html>
<http://www.unclefed.com/IRS-Forms/2001/index.html>
<http://www.unclefed.com/IRS-Forms/2003/index.html>

Just change the year and voila! For instance, here's the lede paragraph from the 1998 Sched D instructions:
======================
Changes To Note
For sales, exchanges, and conversions after 1997, property held more than 1 year (instead of more than 18 months) generally is eligible for the 10%, 20%, and 25% maximum capital gains rates. This rule also applies to installment payments received after 1997.
The 28% rate will now apply only to pre-1998 gains (e.g., from fiscal year partnerships and mutual funds), collectibles gains, and part or all of the gain from the sale or exchange of qualified small business stock.
If you sold qualified small business stock held more than 5 years, you may be able to exclude up to 50% of the gain. See page D-5 for details.

[NJSecularist]

7. Thank you.

I really appreciate it.