Lets see what you tax rate you REALLY pay.

Tax rates are here.
http://www.forbes.com/sites/moneybui...irs-tax-rates/

Definitions:

Gross income: Sum total of all forms in income.
Taxable income: Sum total of all income minus deductions
Marginal tax rate: Tax rate you pay on taxable income.
Effective tax rate: Tax rate you pay on gross income.


Here is mine:
I am married with no kids. I have a mortgage and I do itemize my deductions.

Gross income:111,177
Taxable income:67,193
Taxes owed: 9226
Effective tax rate: 8.29%
Marginal tax rate: 13.73%



If you dont feel like throwing out your income thats fine. Throw out your effective and marginal tax rates though. Lets see how many people actually do pay a higher rate than Mitt Romney's 14%.