Thank you for your question.
The new legislation that was passed raises the top tax bracket to 39.6% for a MFJ return for taxable income of $450,000 or more. For a single taxpayer, this bracket applies from taxable income starting at $400,000. The 2012 rates are taxable income over $388,350 is in the 35% bracket.
That is just the income tax brackets. There is the new medicare tax that will likely affect these same taxpayers.
Please let me know if you need further clarification. I look forward to your response. Stephanie