CT property tax reform: If not now, when?
/For the 2023 General Assembly, I can think of no better New Year’s resolution than to finally reform Connecticut’s unfair, inefficient and burdensome property tax system.
Read MoreFor the 2023 General Assembly, I can think of no better New Year’s resolution than to finally reform Connecticut’s unfair, inefficient and burdensome property tax system.
Read MoreThe ideas for carving up Connecticut’s surging budget surplus are flowing faster than the waters of the Long Island Sound after a nor’easter. But the one tax proposal that would do more to restore Connecticut’s economic hegemony is reform of the state’s unfair, regressive, inefficient and onerous property tax.
Read MoreCheck out the new report from Connecticut’s Finances: it provides updated data on property tax disparities in Connecticut, and how to fix them.
Read MoreThe Property Tax, which is collected by municipalities, has the largest tax impact on Connecticut households.
The Property Tax’s $7.3 billion impact equates to almost 42% of the entire tax incidence. The Personal Income Tax accounts for 1/3 of the tax incidence, Sales and Use is almost 15% and Excise Taxes are 4%.
A project of 1000 Friends of Connecticut, the Property Tax Working Group shares the latest news, perspectives and relevant background as issues are considered by state policymakers.
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