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Published 1 year ago

Middle class tax relief proposed in State House

Summary by Ground News
House Bill 89 also adjusts the income thresholds for personal income tax to adjust for these increases. Governor Carney announced this tax relief package his Fiscal Year 2024 recommended budget earlier this year. Under the measure, the Standard Deduction would increase to $5,700 for an individual ($11,400 for a couple), effective Tax Year 2024.

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