Judson. Pres.

For the country to develop everyone ought to pay their taxes. One of the largest sources of government revenue is tax. So what are tax brackets?

The tax bracket divisions are usually plain and very direct; it simply means that a person earning $15,000 falls in a tax bracket that is much lower than another earning $36,000.

Tax brackets represent a range of earnings that are subject to taxation at specific ratings. Every tax bracket has range limits. If your earnings, therefore, shift beyond or below the range limits, they are subjected to a different tax bracket.