About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

1 Lyman Stone, State Personal Income Tax Rates and Brackets 2014 Update 1 (2014)

handle is hein.taxfoundation/taxfaaq0001 and id is 1 raw text is: TA Xt
FOUNDATION
Mar. 2014
No. 422

State Personal Income Tax Rates and
Brackets 2014 Update
By Lyman Stone
Economist
Key Findings
* State income tax systems have significant variation in structure,
rates, deductions, and exemptions, including 9 states with no
income tax on wages and 8 with flat income taxes.
* North Carolina became a flat tax state, moving from three
brackets to just one. Massachusetts, another flat tax state,
reduced its rate slightly.
* Kansas, North Dakota, Ohio, and Wisconsin all made across-the-
board income tax rate reductions relative to 2013 rates.
* Minnesota added a high-earner tax bracket of 9.85 percent on
income over $152,540 for single filers.

...................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most