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…
Tax Foundation
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,…
The Tax Foundation released a study of Connecticut’s tax structure in an effort to find out why people and businesses are fleeing the state. Their conclusions? “Changes intended to make tax collections more stable, combined…
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…
Connecticut has the second highest tax burden in the nation, according to a new report by 24/7 Wall Street, which used data from the Tax Foundation. Connecticut ranked behind New Jersey, but ahead of New…