KirkLindstrom.com - Articles - 2012  - California Tax Rates Post Proposition 30 for 2012 and 2013
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                Windsurfing at Palo Alto in SF Bay in May 2009  2012 & 2013 CA Tax Rates
 
California Tax Rates Post Proposition 30 for 2012 and 2013
Kirk
                Windsurfing at Coyote Point November 2009
 
Chart of Average Annual CPI Inflation Rate
 

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November 30, 2012:    New Tax Rates1 for 2012 and 2013 after the passage of Proposition 30 in the November 6, 2012 election:         Schedule X — Single  -  Schedule Y — Married   -  Schedule Z — Head of household
Fig. 2 shows 2012 tax rates before proposition 30.
 
 California Tax Rates Post Proposition 30 for 2012 and 2013
So the new rates for 2012 are:
Schedule X — Single or married/RDP filing separately
OverBut not overTax isOf amount over
$0$7,455$0.00plus1.00%$0
$7,455$17,676$74.55plus2.00%$7,455
$17,676$27,897$278.97plus4.00%$17,676
$27,897$38,726$687.81plus6.00%$27,897
$38,726$48,942$1,337.55plus8.00%$38,726
$48,942$250,000$2,154.83plus9.30%$48,942
$250,000$300,000$20,853.22plus10.30%$250,000
$300,000$500,000$26,003.22plus11.30%$300,000
$500,000AND OVER$48,603.22plus12.30%$500,000
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Schedule Y — Married/RDP filing jointly, or qualifying widow(er) with dependent child
OverBut not overTax isOf amount over
$0$14,910$0.00plus1.00%$0
$14,910$35,352$149.10plus2.00%$14,910
$35,352$55,794$557.94plus4.00%$35,352
$55,794$77,452$1,375.62plus6.00%$55,794
$77,452$97,884$2,675.10plus8.00%$77,452
$97,884$500,000$4,309.66plus9.30%$97,884
$500,000$600,000$41,706.45plus10.30%$500,000
$600,000$1,000,000$52,006.45plus11.30%$600,000
$1,000,000AND OVER$97,206.45plus12.30%$1,000,000
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 Schedule Z — Head of household
OverBut not overTax isOf amount over
$0$14,920$0.00plus1.00%$0
$14,920$35,351$149.20plus2.00%$14,920
$35,351$45,571$557.82plus4.00%$35,351
$45,571$56,400$966.62plus6.00%$45,571
$56,400$66,618$1,616.36plus8.00%$56,400
$66,618$340,000$2,433.80plus9.30%$66,618
$340,000$408,000$27,858.33plus10.30%$340,000
$408,000$680,000$34,862.33plus11.30%$408,000
$680,000AND OVER$65,598.33plus12.30%$680,000
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note 1.  Sources: Official Voter Summary of Proposition 30 and  2012 California Tax Rates and Exemptions  

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