Tax Foundation faults Connecticut’s tax complexity for creating difficult business climate
Connecticut was ranked 43rd in the nation based on its tax structure by the Tax Foundation, an independent tax policy research organization. During a presentation on their findings, Joe Henchman, one of the three authors of the study, noted that Connecticut’s tax policies have become unnecessarily burdensome. He notes that although Connecticut started off with an income tax with a relatively low rate “the state has piled complexity upon complexity," into its tax code.