Connecticut SB100: AN ACT REDUCING CERTAIN PERSONAL INCOME TAX MARGINAL RATES.

What the bill says

An act REDUCING CERTAIN PERSONAL INCOME TAX MARGINAL RATES. Assembly convened: That section 12-700 of the general statutes be amended to reduce the two lowest marginal rates for the personal income tax from (1) two per cent to zero, and (2) from four and one-half per cent to three per cent, for taxpayers with adjusted gross income of less than one hundred thousand dollars for single filers and less than two hundred thousand dollars for married individuals filing jointly. Statement of Purpose: To reduce the two lowest marginal rates for the personal income tax from (1) two per cent to zero, and.

From the introduced text:

AN ACT REDUCING CERTAIN PERSONAL INCOME TAX MARGINAL RATES. Assembly convened: That section 12-700 of the general statutes be amended to reduce the two lowest marginal rates for the personal income tax from (1) two per cent to zero, and (2) from four and one-half per cent to three per cent, for taxpayers with adjusted gross income of less than one hundred thousand dollars for single filers and less than two hundred thousand dollars for married individuals filing jointly. Statement of Purpose: To reduce the two lowest marginal rates for the personal income tax from (1) two per cent to zero, and (2) from four and one-half per cent to three per cent, for taxpayers with adjusted gross income of less than one LCO No. 579 1 of Proposed Bill No. hundred thousand dollars for single filers and less than two hundred thousand dollars for married individuals filing jointly. LCO No. 579 2 of

Read the full official text

Sponsors

• Stephen Harding (R, 30) · primary sponsor
• Henri Martin (R, 31)
• Paul Cicarella (R, 34)
• Robert Sampson (R, 16)
• (R, 18)