He continued to assert that the best way to fund it was through a small income tax increase on city residents earning more than $ 500,000 per year. (uft.org)
And reducing personal income taxes increases disposable income, which also increases the amount of money people can spend on legal services, thereby, one would assume, increasing access to justice. (slaw.ca)
For example, if state income taxes increase by $ 100 for families claiming the SALT deduction on their federal returns who are in the 35 percent federal income tax bracket, the net cost to them is $ 65; that is, state taxes go up by $ 100, but federal taxes go down by $ 35. (taxpolicycenter.org)