Individuals with incomes of $26,000 are in the 62 percent bracket.

For parents in the 33 percent bracket, the tax on the same bond income would be $326.70.

In the 28 percent bracket, you can use up to $7,000 worth of credits per year.

For investors in the 35 percent bracket, that works out to tax savings of $1,050.

For a family in the 28 percent bracket, the total tax savings would be only $646.

It would save an affluent family in the 36 percent bracket $900 for each child.

After the tax deduction for someone in the 28 percent bracket, the cost would be about $39,000.

For the first time she's in the 15 percent bracket.

Four of five taxpayers are expected to be in the 15 percent bracket this year.

Income below $21,450 will be in the 15 percent bracket.