cripes...besides income tax, CT also has personal property tax on cars\real estate\personal property
no wonder people are leaving.
And, that’s not even the half of it.
Virginia also has this regressive personal property tax. Buy a new car, and pay a high tax on it every year.
RE: cripes...besides income tax, CT also has personal property tax on cars\real estate\personal property
There was a time ( Before the 1990’s when CT did not even have an income tax ). Guess who introduced the income tax and helped to pass it?
An “Independent” named Lowell Palmer Weicker Jr. ( He was an ex-Republican by the way ).
Weicker ran on a platform of solving Connecticut’s fiscal crisis without the implementation of the broad-based income tax to include the taxation of earned income.
However, shortly after his inauguration, Weicker reversed his position and became an advocate of the tax that he had campaigned against. Liberal forces applauded his political courage and, in their view, his willingness to face reality, while conservative forces were equally quick to denounce him in no uncertain terms as a liar.
So, there you go ... the chickens have come home to roost. It took 25 years, but the long ran has arrived.
I live here and I hate it. I make a good income, but if I moved and made the same income, I would be able to live like a king.
In this state, I don’t even consider buying a new vehicle or boat, because I don’t want the tax hit.