Personal income tax rates rise. The top income tax rate rise from 35 to percent (this is also the xxx search adult date rate at which two-thirds of small business profits are taxed). The lowest rate rise from 10 to 15 percent. All the rates in between also rise. Itemized deductions and personal exemptions again phase out, which has the same mathematical effect as higher marginal tax rates. The full list of marginal rate hikes is below: The 10% bracket rises to an expanded 15% The 25% bracket rises to 28% The 28% bracket rises to 31% The 33% bracket rises to 36% The 35% bracket rises to No tax increase on income under , is BS. Your pay check gonna be less.