Income Tax – Flat Tax

Bill Number:  SB0165

Bill Sponsor(s):  Senator Serafini

Subject:  Budget and Taxation

Bill Summary:

Altering the State individual income tax rate to be 3.9% for individuals or spouses filing joint returns with federal adjusted gross income in excess of $30,000; and applying the Act to taxable years beginning after December 31, 2018.

 

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