Taxable income Tax payable old Tax payable new savings in tax

150000 4000 0 4000

200000 14000 5000 9000
250000 24000 10000 14000
300000 39000 15000 24000
350000 54000 25000 29000
400000 69000 35000 34000
450000 84000 45000 39000
500000 99000 55000 44000
550000 114000 70000 44000
600000 129000 85000 44000
650000 144000 100000 44000
700000 159000 115000 44000
750000 174000 130000 44000
800000 189000 145000 44000
850000 204000 160000 44000
900000 219000 175000 44000
950000 234000 190000 44000
1000000 249000 205000 44000
1050000 264000 220000 44000
1100000 279000 235000 44000
1150000 294000 250000 44000
1200000 309000 265000 44000
1250000 324000 280000 44000
1300000 339000 295000 44000
1350000 354000 310000 44000
1400000 369000 325000 44000
1450000 384000 340000 44000
1500000 399000 355000 44000
1550000 414000 370000 44000
1600000 429000 385000 44000
1650000 444000 400000 44000
1700000 459000 415000 44000
1750000 474000 430000 44000
1800000 489000 445000 44000
1850000 504000 460000 44000
1900000 519000 475000 44000
1950000 534000 490000 44000
2000000 549000 505000 44000
2050000 564000 520000 44000
2100000 579000 535000 44000
2150000 594000 550000 44000
2200000 609000 565000 44000
2250000 624000 580000 44000
2300000 639000 595000 44000
2350000 654000 610000 44000
2400000 669000 625000 44000
2450000 684000 640000 44000
2500000 699000 655000 44000
2550000 714000 670000 44000
2600000 729000 685000 44000
2650000 744000 700000 44000
2700000 759000 715000 44000
2750000 774000 730000 44000
2800000 789000 745000 44000
2850000 804000 760000 44000
2900000 819000 775000 44000
2950000 834000 790000 44000
3000000 849000 805000 44000
3050000 864000 820000 44000
3100000 879000 835000 44000
3150000 894000 850000 44000
3200000 909000 865000 44000
3250000 924000 880000 44000
3300000 939000 895000 44000
3350000 954000 910000 44000
3400000 969000 925000 44000
3450000 984000 940000 44000
3500000 999000 955000 44000
3550000 1014000 970000 44000
3600000 1029000 985000 44000
3650000 1044000 1000000 44000
3700000 1059000 1015000 44000
3750000 1074000 1030000 44000
3800000 1089000 1045000 44000
3850000 1104000 1060000 44000
3900000 1119000 1075000 44000
3950000 1134000 1090000 44000
4000000 1149000 1105000 44000
% benefit =savings/old tax payable
100.00
64.29
58.33
61.54
53.70
49.28
46.43
44.44
38.60
34.11
30.56
27.67
25.29
23.28
21.57
20.09
18.80
17.67
16.67
15.77
14.97
14.24
13.58
12.98
12.43
11.92
11.46
11.03
10.63
10.26
9.91
9.59
9.28
9.00
8.73
8.48
8.24
8.01
7.80
7.60
7.41
7.22
7.05
6.89
6.73
6.58
6.43
6.29
6.16
6.04
5.91
5.80
5.68
5.58
5.47
5.37
5.28
5.18
5.09
5.01
4.92
4.84
4.76
4.69
4.61
4.54
4.47
4.40
4.34
4.28
4.21
4.15
4.10
4.04
3.99
3.93
3.88
3.83