(I) Income tax notes:
16 states have statutory provision for automatic adjustment of tax brackets, personal exemption or standard deductions to the rate of inflation. Massachusetts, Michigan, Nebraska and Ohio index the personal exemption amounts only. An additional 1% tax is imposed on taxable income over $1 million. Tax rates are scheduled to fall by 0.25% after 2011. For joint returns, the taxes are twice the tax imposed on half the income. Tax credits.
Using statistics from data provider Onboard Informatics, we crunched the numbers in order to zero in on America's best small cities for families. (Last year, we looked at small towns, with populations between 8,500 and 50,000.)