Makes certain higher personal income tax rates permanent.
Provides that income taxes shall be adjusted to account for a cost of living adjustment for certain tax years.
Provides that income taxes shall be adjusted to account for a cost of living adjustment for certain tax years.
Phases in tax cuts to the personal income tax over a period of ten years; repeals certain provisions relating to tax benefit recapture.
Phases in tax cuts to the personal income tax over a period of ten years; repeals certain provisions relating to tax benefit recapture.
Relates to business income base and certain small business taxpayers.
Expands eligibility for pension and retirement income exclusion to taxpayers with incomes exceeding $150,000, and increases amount of exclusion that qualifying taxpayers may claim.
Expands eligibility for pension and retirement income exclusion to taxpayers with incomes exceeding $150,000, and increases amount of exclusion that qualifying taxpayers may claim.
Sets flat gross income tax rate at 5.9 percent tax for all taxable income over $37,500 or $75,000, depending on filing status; exempts taxpayers with less income from gross income tax.
Sets flat gross income tax rate at 5.9 percent tax for all taxable income over $37,500 or $75,000, depending on filing status; exempts taxpayers with less income from gross income tax.