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Median
Income
Option Introduction
Rationale
for Establishing
the Median
Income Option
Methodology
and
Formula
for
Computing the
Median
Income
Option
Analysis
of Widely Held
Assumptions about
Nonresident
Taxpayers
CHAPTER 70
MEDIAN INCOME OPTION
A PROPOSAL FOR
FAIR AND EQUITABLE
DISTRIBUTION
OF STATE EDUCATION AID
GIVING EQUAL
WEIGHT TO
THE TWO MAIN INDICATORS OF
ABILITY TO PAY:
PROPERTY VALUES AND MEDIAN INCOME
OCTOBER 2003
By REPRESENTATIVE DEMETRIUS J. ATSALIS
2ND BARNSTABLE DISTRICT
THE STATE HOUSE
BOSTON, MA 02133