Operating Budget Book

FY26 Governor's Recommended Operating Budget - Financial Overview

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Mentions of “PERSONAL INCOME TAX” — 1 found on pages 1

… Year 2025 of $6,659.6 million and $6,790.1 million for Fiscal Year 2026. The highlights of the forecast include: • Personal Income Tax - This tax, closely modeled after federal income tax law, is progressive in nature, with marginal rates from 0 to 6.6 …

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