QUOTE
March 28, 2007
The Center on Budget and Policy Priorities yesterday released The Impact of State Income Taxes on Low-Income Families in 2006:
Poor families in many states face substantial state income tax liability for the 2006 tax year. In 19 of the 42 states that levy income taxes, two-parent families of four with incomes below the federal poverty line are liable for income tax. In 15 of the 42 states, poor single-parent families of three pay income tax. And 29 of these states collect taxes from families of four with incomes just above the poverty line.
Complete at TaxProf Blog LINK
The Center on Budget and Policy Priorities yesterday released The Impact of State Income Taxes on Low-Income Families in 2006:
Poor families in many states face substantial state income tax liability for the 2006 tax year. In 19 of the 42 states that levy income taxes, two-parent families of four with incomes below the federal poverty line are liable for income tax. In 15 of the 42 states, poor single-parent families of three pay income tax. And 29 of these states collect taxes from families of four with incomes just above the poverty line.
Complete at TaxProf Blog LINK
Shock and Awe!
