Identify the Connecticut income cliff where all income becomes subject to the top 6.99% rate rather than just the marginal portion, and quantify the implicit marginal rate spike near the threshold.
Enter the values for the scenario you are assessing. Identify the Connecticut income cliff where all income becomes subject to the top 6.99% rate rather than just the marginal portion, and quantify the implicit marginal rate spike near the threshold. Use the ct income cliff result to inform your calculation.