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Date Posted: 11:07:13 12/31/22 Sat
Author: Jasper
Subject: Arizona, Idaho and Mississippi wealthy residents are going to get a break.

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Arizona, Idaho, Indiana, Iowa, Kentucky, Mississippi, Missouri, Nebraska, New Hampshire, New York, and North Carolina will cut the individual income tax rate on New Year’s Day, according to the Tax Foundation. Over the past two years, more than 20 states have cut individual income tax rates.

Three of these states – Arizona, Idaho, and Mississippi –will also move away from a graduated-rate income tax to a flat tax where all income is taxed at the same rate regardless of income level, the Tax Foundation reported.

https://justthenews.com/nation/states/center-square/11-states-will-cut-individual-income-taxes-2023

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