Title: Income Tax Rate Reduction
Vote to pass a bill that restructures the income tax brackets and tax rates so as to provide for a reduction for singles, married couples filing jointly, surviving spouses, married individuals filing separately, heads of households, and estates and trusts for taxable years beginning after December 31, 2008.
- Restructures the income tax brackets and tax rates for singles, other than heads of households or surviving spouses, as follows (Sec. 1):
Title: Income Tax Rate Reduction
NOTE: ACCORDING TO THE STATE CONSTITUTION, A BILL MUST RECEIVE THE VOTES OF A MAJORITY OF THE MEMBERS ELECTED TO EACH CHAMBER IN ORDER TO BECOME LAW. THEREFORE, A BILL MAY RECEIVE MORE 'YEAS' THAN 'NAYS' AND STILL FAIL BECAUSE IT DID NOT RECEIVE 'YEA' VOTES FROM A MAJORITY OF THE MEMBERS OF THAT CHAMBER.