Two bracket tax structures will take effect in 2022. The rates will be set at 2.55 percent on up to $54,544 joint income, and $27.272 for filers who are single, and 2.98 percent on over $54,54 of joint income , and $27.272 for individuals filing separately. If certain revenue levels of the state are reached, the rates will be reduced to 2.53 percent or 2.75 percent, respectively. If a different revenue amount alldaysports all day sports Website all day sports us is attained the state will then adopt the flat rate of 2.5 percent.