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State. Tax Rate Range. Income Range for Tax Brackets. Alabama. 3 Brackets: 2% to 5%. $500 to $6,001. Arkansas. 5 Brackets: 0% to 3.9%. $0 to $89,601. California
The Unemployment rate in Greenwood County, SC was 4.0% as of Sept 2017. [37] The median household income in Greenwood County was $42,240 as of 2015. [ 38 ] In 2022, the GDP was $4.2 billion (about $59,778 per capita), [ 39 ] and the real GDP was $3.4 billion (about $48,574 per capita) in chained 2017 dollars .
County Per capita income Median household income Median family income Population Number of ... Greenwood: $21,728 $38,797 $49,785 69,661 27,547 18 Newberry: $21,410
Under the plan put forward Friday, the state’s top income tax rate will go down to 6.2% this year. The income tax cut will cost the state about $99.5 million a year.
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, most aspects of business deductions,
Calculating Marginal Tax Rate Income Rate Tax $10,275 10% $1,027.50 $31,500 12% $3,780 $28,500 22% $6,270. Add those three tax numbers together and you get a total tax payment of $11,077.50.
Greenwood is a city in and the county seat of Greenwood County, South Carolina. [5] The population in the 2020 United States Census was 22,545 down from 23,222 at the 2010 census . [ 6 ] The city is home to Lander University .
Budget writers, and lawmakers ultimately, approved a plan to accelerate the planned income tax cut. The maximum tax rate is going to 6.2% about six months ahead of schedule, pending final approval ...