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    Sunday, April 28, 2024

    Connecticut ranks in middle for fair taxes

    Connecticut is right in the middle in a ranking of the 50 states' tax fairness, according to an analysis by the nonpartisan Institute on Taxation and Economic Policy.

    Still, the wealthiest residents of the state pay only about half the rate paid by the poorest households when measuring taxes as a percent of income: 5.3 percent versus 10.5 percent.

    Regressive measures include high reliance on property taxes, high cigarette taxes and the lack of a property tax break for low-income residents who are not elderly, the institute said.

    For a look at Connecticut taxes, go online to http://www.itep.org/whopays/states/connecticut.php or visit www.whopays.org.

    - Lee Howard

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