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retired benefits major hike
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<blockquote data-quote="bacha29" data-source="post: 5670235" data-attributes="member: 58386"><p>I have friends and family living in Pennsylvania. I paid them a visit some weeks back and we got to talking about the Pa state income tax. The Pa state income tax is a flat 3.07%. No dependency exemption no standard deduction At the same time however Pa has in it's state constitution this thing called the " equality clause" .</p><p></p><p>Well, as a result of the "equality clause" a Pa resident making $20,000 a year pays the same state income tax rate as a guy</p><p>making $20,000,000. That's right. whether you're making 20 grand a year you're paying the same tax rate as a guy making 20 million a year.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5670235, member: 58386"] I have friends and family living in Pennsylvania. I paid them a visit some weeks back and we got to talking about the Pa state income tax. The Pa state income tax is a flat 3.07%. No dependency exemption no standard deduction At the same time however Pa has in it's state constitution this thing called the " equality clause" . Well, as a result of the "equality clause" a Pa resident making $20,000 a year pays the same state income tax rate as a guy making $20,000,000. That's right. whether you're making 20 grand a year you're paying the same tax rate as a guy making 20 million a year. [/QUOTE]
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