The December 2011 income tax amendments, which
temporarily created three new tax brackets, did not represent
fundamental “tax reform” in the normal sense of the term. Before deciding whether to extend these tax changes, the governor and legislature should more carefully reappraise the entire income tax code in light of the generally accepted tax policy goals of equity, simplicity, stability and promotion of economic growth.
To place the December 2011 legislation into a broader historical context, this article provides a summary and overview of the state personal income tax code, with a particular focus on changes enacted since the late 1970s. It concludes with a review of the latest tax changes and of the need for further reform in the near future.