Advocates promised the new tax would bring in over $1 billion a year in new revenue. And they quickly saw their predictions surpassed: the state Department of Revenue estimates it will generate over $1.5 billion this fiscal year.
I don’t know what the tax bracket earning for this scenario is. I wonder what the difference is between the extra money a person earning a million dollars a year would be under this new tax guideline, versus the amount they were paying before. Now what’s the difference if they leave in state revenue?
I don’t know what the tax bracket earning for this scenario is. I wonder what the difference is between the extra money a person earning a million dollars a year would be under this new tax guideline, versus the amount they were paying before. Now what’s the difference if they leave in state revenue?