Answer:
10%
Explanation:
The current tax brackets (2019 taxes due April 2020) for married filing together are:
Tax rate Married filing jointly
10% $0 – $19,400
12% $19,401 – $78,950
22% $78,951 – $168,400
24% $168,401 – $321,450
It doesn't matter if your income is $500 million, $100,000 or $20,000, the first dollars that you earn always fall into the first bracket (10%). Tax brackets are progressive, this means that they increase as your income increases, but everyone starts in the first one.
