Our Tax Structure in Connecticut is Broken
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Our tax structure in Connecticut is broken and doing nothing about it is a choice. We must understand and acknowledge the problem, and then we must fix it.
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Fundamental Property Tax Reform
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The 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 MoreIt's 2020. It's Time for Fundamental Reform.
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Connecticut’s over-reliance on the property tax as a revenue source is hitched to economic stagnation, education disparities, questionable land use decisions, and much more. Years of tinkering around the edges of tax reform, however, has yielded more heat than light.
Read MoreProperty Tax Relief Should Outweigh Popsicle Tax Debate
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Did we just witness the entire governing class of the State of Connecticut—legislators, agency commissioners, the Governor’s office, editorial writers, TV commentators, social media pundits and newspaper columnists—consume a whole week arguing over whether the sales tax on a popsicle had been increased by 1 penny?
Read MoreLocal option sales taxes and/or income taxes: NOT a solution
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Local option sales or income taxes are not a panacea for fiscally strapped municipalities.
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