Connecticut was ranked 47th out of 50 states for its business tax climate, a drop from 44th last year, in the latest study from the Tax Foundation. Connecticut slipped in the rankings because of new criteria
property tax
Property taxes and revenue to Connecticut municipalities has more than doubled since 1981, while Connecticut residents’ median income levels have grown very little, according to a new report. Decades of data compiled by the Connecticut
Tax Foundation’s annual ranking of states based on state and local income tax collection placed Connecticut second in the nation, trailing only New York, for the most money collected per resident. Connecticut collected $2,279 per
[et_pb_section admin_label="section"][et_pb_row admin_label="row"][et_pb_column type="4_4"][et_pb_text admin_label="Text" background_layout="light" text_orientation="left" use_border_color="off" border_color="#ffffff" border_style="solid"] Gov. Dannel Malloy’s executive order, which zeroes out education funding for 85 school districts in Connecticut, could result in massive property tax increases - even