Connecticut is one of the few states yet to recover all the jobs it lost from the peak employment levels it reached in March 2008 during the early months of the Great Recession. Think about it.
Read MoreFor the 2023 General Assembly, I can think of no better New Year’s resolution than to finally reform Connecticut’s unfair, inefficient and burdensome property tax system.
Read MoreWe have all heard the promises and potential of the future of 5G. The marketing hype does not mention the probable lack of universal service, cost, or the true danger of broadening the digital divide separating the haves from the have nots. But Connecticut can set an example of how 5G should be deployed.
Read MoreThere’s an awful lot in this budget that leaves observers incredulous. About the best you can say about the two-year, $43 billion state budget adopted this week by the General Assembly is that it was approved on time and is mostly balanced, with the exception of some hoped-for savings from state employees that may or may not materialize.
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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%.
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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