The District is coterminous with the boundaries of the City of Poughkeepsie. is approximately 5 square miles [5] in size, and is composed of six elementary schools, one middle school, one high school, one community learning center (formerly an alternative school), and one administration building.pproximately 75 miles [4] north of New York City, the school district is situated on the banks of the Hudson River in an area known as the Mid Hudson Valley.
A graduated income tax is one that imposes a higher tax rate the higher your income. For example, the first $10,000 that you earn might be taxed at a rate of 5 percent, the next $15,000 at 15 percent and any income above $25,000 would be taxed at 30 percent. The tax rates only apply to the income in that category.
The rate of tax at the federal level is graduated; that is, the tax rates of higher amounts of income are higher than on lower amounts. Some states and localities impose an income tax at a graduated rate, and some at a flat rate on all taxable income.rom 2003 through 2011, individuals were eligible for a reduced rate of federal income tax on capital gains and qualifying dividends. The tax rate and some deductions are different for individuals depending on filing status. Married individuals may compute tax as a couple or separately.