Connecticut Voices for Children Logo
Faces
Home
Publications
By Title
By Date
E-mail Updates
Donate
Advocacy
Partnerships
For the Media
About Us
Contact Us
GiveGreater.org 2010 Challenge
Tax & Budget
HUSKY
Twitter Facebook
Youtube Flickr
Printer-Friendly Printer-friendly Version
Site Map Site Map
Home > Publications >
Connecticut's Wealthy Pay Smaller Share of Income Than Most Residents in State and Local Taxes

Joachim Hero, MPH

Even taking into account income tax increases approved in 2009 for the state's high-income residents, the wealthiest Connecticut residents pay less than half the percentage of their income in state and local taxes than do most other residents. After federal deductions for state and local taxes, Connecticut's low- and middle-income families pay close to 10% or more of their incomes in state and local taxes, while the top 1% of income earners pay just under 5%. Most would agree that the best off should pay a tax rate that is at least equal to the tax rate of the least well off. Connecticut's state and local tax system, even by this conservative standard, is deeply flawed and imbalanced.

Connecticut's regressive state and local tax structure also exacerbates income inequality and weakens the state's ability to raise revenue. As the state considers hundreds of millions of dollars in cuts to health, education, and other needed services and faces projected budget shortfalls, Connecticut's tax system needs to be reformed to meet current and future needs in the state. (January 2010)

Downloads

Download Full Report (235.13K)

Issues
· State Tax and Budget

Viewers
Download the Acrobat Reader software Get the free Acrobat reader

Download the PowerPoint Viewer software Get the free PowerPoint Viewer



[Back to top]