Maintain the Income Tax Rate on Persons with Taxable Income above $200,000

Last updated: May 15, 2017

Details about this bill
Category: Taxation
Status: Defeated
Sponsor: Representative Richard Campbell, House 40
Session: 128
Bill #: LD 291

Position:

Monitoring.

UPDATE: This bill was voted Ought Not to Pass.

Summary:

This bill decreases the rate of tax imposed on the income of resident individuals on income in excess of $200,000 from 7.15% to 4.15%.