<

		Income Tax Worksheet
		For rough estimate only
	Based on Federal Tax Year 1995 returns files with the IRS
	G.P.B. 2/12/98
	All dollar amounts below heading in thousands ($000)
	Enter Exemption Amount Here	$ 10,000	Taxpayer & Spouse
	Enter Additional Exemption Here	$ 4,000	Additional Exemption
	Enter Proposed Rate Here	4.00%
		All Returns	Under $15,000	$15,000 $30,000	$30,000 $50,000	$50,000 $75,000	$75,000 $100,000	$100,000 $200,000	$200,000 or more
1	Number of Returns	562,037	184,295	136,075	111,157	76,428	28,496	20,098	5,488
2	Number of Exemptions	1,174,664	221,628	266,777	283,645	231,217	90,006	64,096	17,295
3	Exemptions for People	1,066,969	201,309	242,318	257,640	210,019	81,754	58,220	15,709
4	Estimated # Taxp & Sps	888,016	199,039	238,791	200,083	145,213	54,997	39,191	10,702
5	Exemption Other	178,951	2,270	3,525	57,557	64,806	26,757	19,029	5,007
6	Adjusted Gross Income	20,788,978	1,031,816	2,978,187	4,362,577	4,640,901	2,431,226	2,620,610	2,723,660
7	Exemption Taxp & Sps	11,520,746	1,990,386	2,667,770	2,836,450	2,312,170	900,060	640,960	172,950
8	Exemption Other	715,806	9,081	14,101	230,230	259,222	107,027	76,114	20,031
9		12,236,552	1,999,467	2,681,871	3,066,680	2,571,392	1,007,087	717,074	192,981
10	Estimated Taxable Income		0	296,316	1,295,897	2,069,509	1,424,139	1,903,536	2,530,679
11	Tax at Above Rate		0	11,853	51,836	82,780	56,966	76,141	101,227
12	Less non taxable commuter income, US interest, &		0	10,667	46,652	74,502	51,269	68,527	91,104
13	Total Tax		$ 342,723
14	Int. and Div. Tax FY 1996		51,658
15	Net to State (not including costs see note)		$ 291,065
			Total Tax	I&D	Net to State
16	Enter Income Growth for TY 1996	5.00%	$ 359,859	$ 52,698	$ 307,161
17	Enter Income Growth for TY 1997	5.00%	$ 377,852	$ 55,333	$ 322,519
18	Enter Income Growth for TY 1998	5.00%	$ 396,745	$ 58,100	$ 338,645
19	Enter Income Growth for TY 1999	5.00%	$ 416,582	$ 61,005	$ 355,577