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Tax Bracket Reform (S.B. No. 56)

From the Offices of: Legislature/Senate

Author: Michael Crosby
Date Written: 2023-06-16 12:36:49
Date Published: 2023-06-16 12:39:44

Legislation Type: Bill
Legislation Status: 1st Consideration

86th General Assembly: Regular Session, 2023 - 2024. Sponsored by Senator Atkin. Taxes range from 0% - 5%. Anyone making under $25,000 will pay 0% tax and anyone making over $150,000 will have a 5% tax. The values in between will be somewhere between 2% and 5%.