Mentions of “PERSONAL INCOME TAX” — 3 found on pages 1
… BILL NO. 233 SPONSOR: Representative Ramone DESCRIPTION: AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO PERSONAL INCOME TAX. Assumptions: 1. This Act is effective upon signature by the Governor. The provisions of this Act are effective for …
Open p.1 ↗… 024. 2. This Act raises the minimum income subject to income tax from $2,000 to $2,500 and collapses the six current personal income tax brackets into three new brackets as follows: Current Proposed Taxable Income Rate Taxable Income Rate $2,001-$5,000 …
Open p.1 ↗… 500,000 $ 31,984 $24,500 $ 7,484 -23% $ 1,000,000 $ 64,984 $49,500 $ 15,484 -24% 4. Calendar year 2019 personal income tax data, adjusted for personal income growth and growth in the number of returns, was used by the Department of Finance …
Open p.1 ↗