Figure 3: Top Bracket Rates for Personal Income Tax
Note: Rates are for married taxpayers, filing
jointly. The taxable-income threshold for the top rate is $33,000 in Maine
and $20,000 in Connecticut; Massachusetts has a different structure for
non-wage income; New Hampshire’s rate applies to interest and dividends
only; the percent shown in Rhode Island and Vermont applies to federal
income tax liability. Return to Tax Policy and Economic Development in Maine: A Survey of the Issues |