Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tax Policy topic
No spam. Unsubscribe anytime.
Member urges review of tax brackets, citing low top bracket and workforce concerns
Summary
A committee member asked the panel to examine where the top income tax bracket begins, saying the current threshold is "quite low" and may discourage attracting professionals; members agreed to explore the issue further.
Near the close of the meeting a committee member said the panel should spend time reviewing the state's tax brackets, expressing concern that the top bracket starts "quite low" and could discourage professionals such as doctors and business leaders from relocating. The member said they had discussed moving the bill to a different committee but preferred to study tax‑bracket thresholds instead of pursuing posting legislation at this time.
Members did not propose a specific bracket change or put forward a bill in the session excerpt. They asked staff to follow up with legislative managers and gather more detail.
