By: Neal Meldrum, Senior Industry Solutions Manager, Microsoft. The factory of the future is a complex ecosystem of self-regulating machines and sites, able to customize output and optimally allocate resources. Read now
Personal income tax. Pennsylvania has a flat tax rate of 3.07% on individual income, with no personal exemptions.
Average tax rate. Taxes as a fraction of income; total taxes divided by total taxable income. Effective Tax Rate. The tax rate one pays assuming that one pays a flat rate rather than under a progressive system. Under progressive tax systems, one pays different rates for different amounts in income. For example, one may pay 10% for the first $10,000 of income and 25% for all additional income.