Re: AMT Status

From: "catalpa" <catalpa@xxxxxxxxxxxx>
Date: Sun, 22 Apr 2007 02:31:52 GMT

"Dimitrios Paskoudniakis" <greekgod@xxxxxxxxxxxxx> wrote in message
news:nLadnRtSesRS3Lfb4p2dnA@xxxxxxxxxxxxxx

I live in Maryland (relative to the other states, one of the higher state
income tax states),

<snip>

Out of the 50 states, 7 have no income tax, 2 only tax interest and
dividends and 41 have a regular income tax. Out of the 41 states with a
regular income tax only 6 states (AZ, CO, IL, IN, MI, PA) have a top income
tax bracket below Maryland's 4.75%. Maryland's state income tax is one of
the lower ones, not one of the higher ones. Information source:
http://www.taxadmin.org/FTA/rate/ind_inc.html . It would appear that
Maryland's local income taxes are the income tax problem.

.

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