I recently attended a lecture given by Arnold Kling, who is a former Federal Reserve economist on the Board of Governors staff, former senior economist at Freddie Mac, and all-around financial and monetary expert. The...
- State Individual Income Tax Rates, 2000-2014
State Individual Income Tax Rates, 2000-2014
April 01, 2013
Key Findings A marriage penalty or bonus is the change in a couple’s total tax bill as a result of getting married and thus filing their taxes jointly. Marriage bonuses typically occur when two individuals with disparate incomes marry...
Individual income taxes are a major source of state government revenue, accounting for 35 percent of state tax collections. Their prominence in public policy considerations is further enhanced by the fact that individuals are directly responsible...
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