Deductions & credits

Once again... Thank you. I have printed and reviewed it and could not find the tax rate in any of the worksheets.

Husband - Total income 76000 ( all US income )

Spouse  - Income 113000 (foreign income exclusion is 108500), so remaining 5,500.

Total income - 81,500 

Standard deduction 27000 

Taxable income - 54500 

Now the tax for the whole amount 54500 is calculated at 22 percentage. I thought only for the excluded income 5,500 should be calculated at a higher rate (which is 22 percent)  and remaining should be calculated at the standard tax bracket.
Please clarify.