During a press conference at a Stratford train station announcing his $10 billion plan to speed up the New Haven Line, Gov. Ned Lamont was asked by a reporter about the highway use tax –
Tax Foundation
The Finance, Revenue and Bonding Committee heard testimony Monday regarding a property tax cap bill that would cap property tax increases at 2.5 percent but allow municipalities to levy a sales or income tax to
Connecticut has the second largest tax burden in the United States, according to a new report by the Washington D.C.-based Tax Foundation, which measured the economic impact of taxes on residents in each state as
The Tax Foundation released its annual ranking of states based on their overall business tax climate and placed Connecticut 47th in the country, besting both New York and New Jersey but falling short of other
Connecticut homeowners pay 20 percent more in property taxes than residents of its nearest neighbors, even as home values in the Nutmeg State have declined, according to a new study released Wednesday. “As a percentage
More than 21 percent of Connecticut’s workforce has filed for unemployment, the second highest rate in the country, according to a new report from the Tax Foundation. The Tax Foundation based its report on figures
Connecticut had roughly half of the money needed to weather a recession in its unemployment trust fund before the COVID-19 pandemic hit the state, according to a report from the Tax Foundation which tracked unemployment
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
A dollar may not go very far these days, but according to an analysis by the Tax Foundation, even $100 doesn’t go very far in Connecticut. The Washington D.C. based nonprofit foundation used 2016 data
Connecticut has one of the highest gasoline taxes in the country, according to a new report released by the Tax Foundation, which used 2018 data gathered by the American Petroleum Institute. According to the API,