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S08577 Summary:

BILL NOS08577
 
SAME ASSAME AS A08953
 
SPONSORLIU
 
COSPNSR
 
MLTSPNSR
 
Add §1304-e, Tax L
 
Enacts the "fair share act"; authorizes cities imposing city personal income taxes to adopt and amend local laws imposing an additional tax of two percent on the annual city taxable income of city residents, estates and trusts reporting any return in excess of one million dollars.
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