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Study: CT Has #2 Tax Burden in U.S.

February 22, 2018 By Staff
Study: CT Has #2 Tax Burden in U.S.

At least we're not #1 ... we guess? Is that any consolation?

A recent study from 24/7 Wall Street found – surprise! – Connecticut has the second-highest tax burden in the country.

Here’s their breakdown:

49. Connecticut

  • Taxes paid as pct. of income: 12.6%
  • Income per capita: $69,311 (the highest)
  • Income tax collections per capita: $2,279 (the highest)
  • Property tax collections per capita: $2,774 (3rd highest)
  • General sales tax collections per capita: $1,137 (8th highest)

The only state that has a higher tax burden? Our neighbor to the west, New York.

Connecticut may give New York a run for its money in 2018, though – or, rather, a run for your money – with the following proposals from Gov. Dan Malloy (D-Conn.) and legislative Democrats:

Keep up with Reclaim Connecticut for tax updates in 2018 and beyond.