Monday, June 8, 2009
Family of four at poverty line?
Low-income families of four in Alabama owe one of the nation's highest state income tax bills on poverty-line earnings. They also will begin to owe state income tax at one of the lowest incomes in the country.
Alabama had the nation's highest income tax for a two-parent family of four at the poverty line in 2007, and the amount they owe in 2008 is even higher. A family of four at that income, which was estimated at $22,017 in 2008, owes $483 in Alabama income tax. The state income tax on the same family in 2008 would be $222 in Georgia and $73 in Mississippi.
Read More
Alabama had the nation's highest income tax for a two-parent family of four at the poverty line in 2007, and the amount they owe in 2008 is even higher. A family of four at that income, which was estimated at $22,017 in 2008, owes $483 in Alabama income tax. The state income tax on the same family in 2008 would be $222 in Georgia and $73 in Mississippi.
Read More
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment