General Assembly Proposed Bill No. 5857
January Session, 2011 LCO No. 1825
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
REP. JOHNSON, 49th Dist.
General Assembly
Proposed Bill No. 5857
January Session, 2011
LCO No. 1825
Referred to Committee on Finance, Revenue and Bonding
Introduced by:
REP. JOHNSON, 49th Dist.
AN ACT CONCERNING ADJUSTMENTS TO THE PERSONAL INCOME TAX RATE.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 229 of the general statutes be amended to increase by one per cent the income tax rate for persons making five hundred thousand dollars or more per year, and decrease by one-half of one per cent the income tax rate for persons making thirty thousand or less a year.
Statement of Purpose:
To provide for more progressivity to the income tax system.