2014 and 2015 Income Tax Brackets

[Rada Vassil]

Here are the income tax brackets for 2014 and 2015 (from Bankrate). 

The same six tax rates still apply, but the income that falls into each in 2015 is adjusted for inflation.

http://www.biggerpockets.com/blogs/5881/blog_posts/41785-2014-and-2015-income-tax-brackets

[Rada Vassil]

Hi @James Park, here I found an article that may answer your question: 

How Tax Brackets Work: Examples and Myth Busting

"Your tax bracket is not the tax rate you pay on all of your income after adjustments, deductions and exemptions.

Your tax bracket only determines the amount your income tax increases if you earn one additional dollar of income (ignoring the effects of rounding.)"