General Assembly Proposed Bill No. 172
January Session, 2017 LCO No. 2672
*02672*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. LINARES, 33rd Dist.
General Assembly
Proposed Bill No. 172
January Session, 2017
LCO No. 2672
*02672*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. LINARES, 33rd Dist.
AN ACT CREATING A SINGLE RATE OF TAX FOR THE PERSONAL INCOME TAX.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 229 of the general statutes be amended to replace the existing rates of tax with a single five per cent rate of tax.
Statement of Purpose:
To simplify the income tax code.