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Jul 14

The First Calculator

Comments (0) 12:00 AM posted by admin |

For your amusement, here’s a handy-dandy, little calculator that will allow you to play with the variables and determine what you might one day pay in Ypsilanti City income tax.

The Blue Ribbon Committee on City Finances is on the verge of recommending a 1% income tax rate for residents with a $1000 exemption level and a 2.0 mill rollback. The minimum exemption the City can offer by law is $600, but the sky’s the limit. Have at it and see what your duty to Ypsilanti is.

Income Tax Calculator
Income Tax Rate
Exemption Level
Millage Rollback
Personal Exemptions
Yearly Income
Taxable Value of House
Income Tax Due
Effective Income Tax Rate

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