Fiscal Impact of Individual Income Tax Rate Relief Enacted since 2009

And Individual Income Tax Rate Ranges

Tax Year Tax Year Tax Year Tax Year Tax Year Tax Year Tax Year Tax Year Eight Year
2009 2010 2011 2012 2013 2014 2015 2016 Total

Actual Net Tax Liability $291,551,674 $379,196,662 $377,728,193 $534,370,310 $408,008,964 $464,588,152 $341,696,065 $296,174,682 $3,093,314,702

Tax Liability if No Rate Relief

Had Been Enacted $332,442,046 $432,379,318 $524,610,104 $742,163,463 $702,188,026 $799,561,446 $652,403,088 $566,355,518 $4,752,103,009

Each Tax Year's

Cumulative Amount of Rate
Relief Enacted since 2009 $40,890,372 $53,182,656 $146,881,911 $207,793,153 $294,179,062 $334,973,294 $310,707,023 $270,180,836 $1,658,788,307

Tax Rate Ranges

(Base Year 2008 Range
was 2.1% - 5.54%) 1.84% - 4.86% 1.84% - 4.86% 1.51% - 3.99% 1.51% - 3.99% 1.22% - 3.22% 1.22% - 3.22% 1.10% - 2.90% 1.10% - 2.90%