2016 State income tax rates adjusted for inflation.

PositionFTB news

The Franchise Tax Board published the 2016 state tax brackets, which are annually adjusted for inflation.

Brackets are "indexed" each year to reflect changes in the California Consumer Price Index (CPI), a measure of the average change over time in the prices paid for consumer goods and services.

Tax filing requirement thresholds, the standard deduction and certain credits were adjusted along with income tax brackets based on the inflation rate of...

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