Connecticut Ranked First in Tax Burden

By Cathryn J. Prince, New Canaan Patch

“Taxes, after all, are dues that we pay for the privileges of membership in an organized society,” said President Franklin D. Roosevelt.

“What at first was plunder assumed the softer name of revenue,” said Thomas Paine.

Whether one believes taxes are privilege or plunder, the state’s tax burden is on state legislators’ minds. That’s no surprise since election season arrived and also since the General Assembly will soon meet for a special session on jobs.

State Rep. John Shaban, a Republican representing Easton, Redding and Weston in the 135th House District recently emailed his constituents a Bloomberg report that said Connecticut leads the nation in tax burden.

According to Bloomberg, the state ranks number one in tax burden because of its 5 percent income tax, its 6.35 percent sales tax, its $2,381 property tax per capita and because of the between a 7.2 percent to 16 percent inheritance tax with $2 million exemption.

“The numbers tell the story—Connecticut has the nation’s highest tax burden and among the worst job growth rates in the country. Obviously these measures are related. I will continue to work to reverse this destructive trend,” Shaban said.

To read more, visit:  http://newcanaan.patch.com/articles/connecticut-ranked-first-in-tax-burden

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