The Kenney Administration is proposing the largest Wage Tax rate reduction since 2009. The plan proposes a 3.8398% rate for residents and a 3.4201% rate for non-residents for FY22.
Fiscal Year | Resident Tax Rate | Non-Resident Tax Rate |
---|---|---|
2021 | 3.8712% | 3.5019% |
2022 | 3.8398% | 3.4201% |
2023 | 3.8360% | 3.4167% |
2024 | 3.8322% | 3.4133% |
2025 | 3.8283% | 3.4099% |
2026 | 3.8245% | 3.4065% |