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2. Earned income tax credit - Wikipedia

   en.wikipedia.org/wiki/Earned_income_tax_credit

   For income between $10,540 and $19,330, the tax credit is a constant "plateau" at $3,584. For income between $19,330 and $41,765, the tax credit decreases by $0.1598 for each dollar earned over $19,330. For income over $41,765, the tax credit is zero. [37] This is represented by the lightest blue, solid line (other lines are various other ...

3. List of U.S. states and territories by income inequality

   en.wikipedia.org/wiki/List_of_U.S._states_and...

   In the framework of American federalism, states generally have wide latitude to enact policies within their borders, including state taxation and labor laws.Among the factors that may increase inequality in a state are regressive state tax policies [2] (taxation has played a growing role in diminishing inequality since the 1980s), [3] tax incentives for large companies, [4] corruption, [5 ...

4. State income tax - Wikipedia

   en.wikipedia.org/wiki/State_income_tax

   State Tax Burdens 2022 % of income. State tax rules vary widely. The tax rate may be fixed for all income levels and taxpayers of a certain type, or it may be graduated. Tax rates may differ for individuals and corporations. Most states conform to federal rules for determining: gross income, timing of recognition of income and deductions,

5. Where’s My Refund? What Pennsylvania Taxpayers Need To Know

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   As the April 18 tax deadline nears and state returns are filed, many Pennsylvania taxpayers will likely be -- or are already -- wondering how long it'll take to get their refunds this year. The...

6. Poverty rate jumps in 2022 after end of enhanced child tax credit

   www.aol.com/poverty-rate-jumps-2022-end...

   The share of Americans, particularly children, in poverty rose significantly last year, in large part because Congress did not renew a Covid-19 pandemic enhancement to the child tax credit ...

7. Why does Pennsylvania have a flat income tax? Here’s the ...

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8. Income tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Income_tax_in_the_United...

   For example, in 1954, the federal income tax was based on layers of 24 income brackets at tax rates ranging from 20% to 91% (for a chart, see Internal Revenue Code of 1954). Below is a table of historical marginal income tax rates for married filing jointly tax payers at stated income levels. These income numbers are not the amounts used in the ...

9. What Are the 2020-2021 Federal Tax Brackets and Tax Rates? - AOL

   www.aol.com/finance/2020-2021-federal-tax...

   2020 Tax Bracket Thresholds and Marginal Rates. To compensate for inflation, tax rates change every year even when tax laws stay the same. Tax bracket thresholds for 2021 increased by about 1% ...