Operating Budget Book

FY21 Governor's Recommended Operating Budget - Financial Overview

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

… Year 20 20 of $4,740.6 million and $4,818.3 million for Fiscal Year 2021. 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. …

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