Attachment B

 

PROPOSED TAX RELIEF PROGRAM MATRIX

 

 

 

Matrix Using Income and Net Worth To Determine

Relief Percentage

 

Income

 

Net Worth Limits

 

 

 

 

$85,000 or less

 

 

$85,001 - $105,000

 

$105,001 - $125,000

 

$          0 20,000

 

 

100.00%

 

90.00%

 

80.00%

 

 

$20,001 30,000

 

 75.00%

 

67.50%

 

60.00%

 

 

$30,001 40,000

 

 

 50.00%

 

45.00%

 

40.00%

 

$40,001 50,000

 

 

 25.00%

 

22.50%

 

20.00%

 

$50,000 Plus

 

 

  0.00%

 

  0.00%

 

  0.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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