A leading child advocacy group challenged state leaders to reverse escalating income and wealth inequality and provide tax relief for poor and middle-income households by shifting tax burdens onto the state’s millionaires.
Read MoreEven infusions of dollars into the state’s primary education grant hasn’t come close to helping the state’s poorest towns keep up with the increased spending in the state’s wealthiest districts. What’s next?
Read MoreMiddle-class retirees, Baby Boomers, older Americans – whatever you want to call them – seem to be the forgotten cohort among advocates and policymakers clamoring for state tax relief for select groups.
Read MoreConnecticut’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 MoreDid 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?
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A PLEA TO THE GENERAL ASSEMBLY: RE-EXAMINE THE ‘BUDGET GUARDRAILS’ AND REBALANCE CONNECTICUT’S STATE-LOCAL FISCAL SYSTEM
An in-depth analysis of the constitutionality of Connecticut’s fiscal guardrails, written by Alex Knopp, PUBLISHED IN JANUARY 2025.
A PLAN FOR PROPERTY TAX REFORM IN CONNECTICUT, UPDATED IN DECEMBER 2022.
The 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%.
The Property Tax Working Group provides the public, news media and elected officials with information, data, and investigative reports highlighting responsible tax policy alternatives for the State of Connecticut.
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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