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2. 'It's our money': How Kentucky lawmakers decided where to ...

   www.aol.com/money-kentucky-lawmakers-decided...

   If the state meets certain revenue and spending requirements, the legislature can adopt a 0.5% income tax reduction. When the system started, the income tax was 5%, and it dropped to 4% at the ...

3. State income tax - Wikipedia

   en.wikipedia.org/wiki/State_income_tax

   Toggle the table of contents. ... Pennsylvania and Texas in 1871, and Kentucky in 1872. ... 2022, the top personal income tax rate was reduced to 4.9% retroactively ...

4. State tax levels in the United States - Wikipedia

   en.wikipedia.org/wiki/State_tax_levels_in_the...

   Taxation in the United States. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table includes the per capita tax collected at the ...

5. Corporate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Corporate_tax_in_the...

   Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017. State and local taxes and rules vary by jurisdiction, though many are based on federal concepts and definitions. Taxable income may differ from book income both as to timing of ...

6. IRS Tax Brackets: Here’s How Much You’ll Pay in 2022 on What ...

   www.aol.com/finance/irs-tax-brackets-much-ll...

   Federal Tax Brackets 2022 for Income Taxes Filed by April 18, 2022. Tax Bracket. Single. Married Filing Jointly or Qualifying Widow (er) Married Filing Separately. Head of Household. 10%. $0 to ...

7. Kentucky fails to meet criteria to cut income tax again ... - AOL

   www.aol.com/news/kentucky-fails-meet-criteria...

   The effort to lower the state income tax to 0% has been a Republican priority in Frankfort in recent legislative sessions. But doing so requires certain conditions be met first.