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Report: Connecticut's Tax Burden Ranked Third Highest in U.S.

When state and local taxes are combined, Connecticut ranks below only New York and New Jersey.

 

Connecticut has the distinction of being one of just three states in the nation with a tax burden higher than 12 percent. Connecticut has ranked third for seven years in a row.

Since 2005, New York, New Jersey and Connecticut have occupied the top three spots in the Tax Foundation’s annual ranking of state and local taxes. The most recent data was compiled from the fiscal year 2010.

Resource-rich states typically fared the best on the list, as Alaska had the lowest tax burden by shifting taxes to non-residents.

 “Resource-rich states, such as Alaska and Wyoming, are only the most dramatic examples of tax exporting,” said Tax Foundation economist Elizabeth Malm, in a written statement. “Major tourist destinations like Nevada and Florida are able to lower residents’ burden by taxing tourists, who are often nonresidents. Nationwide, over a quarter of all state and local taxes are collected from nonresidents.”

Although Connecticut has one of the highest sales tax rates in the country, a report from earlier this year states Connecticut actually ranks 31st because - unlike many other states - there is no local sales tax.

New England States Ranking Tax Burden Connecticut 3 12.3 percent Rhode Island 6 10.6 percent Massachusetts 8 10.4 percent Maine 9 10.3 percent Vermont 13 10.1 percent New Hampshire 44 8.1.
Lets try for highest taxes in the country October 24, 2012 at 06:18 PM
But at least our high taxes have been put to good use resulting in a balanced State budget. I mean its not like we are running a larger and larger deficit in CT. For those of you who don't get it, our deficit is bigger than ever, I guess our governors tax increases have really paid off.
Resident October 24, 2012 at 07:25 PM
40,000 people protested when Weicker rammed through the income tax in 1991, but there is alot of indifference today. The growth in State expenditures since then is beyond comprehension. (I believe Governor Malloy gets credit for pushing through the largest subsequent tax increase in Connecticut history.)
Amo Probus October 24, 2012 at 07:38 PM
Tell your town boards, reps, congressmen, senators gov etc. that you will not vote for anyone raising taxes. Let them get their money by cutting the fat first
SomeonesDad October 24, 2012 at 08:20 PM
Before everyone gets up in arms about our taxes (not that I wouldn't mind paying a lot less), be thankful for where you live. We live in one of the most progressive states in the nation, ranked near the top in education, healthcare, etc. You want to pay really low taxes? Then move!! Go to Mississippi, or Kentucky, or Texas....and let us know how you like it.
Wake Up! October 24, 2012 at 11:35 PM
Why do you want to pay higher taxes? Why are you not interested in the State cutting spending? Do you shop at Amazon? If you do, why do you shop there instead of Best Buy where the prices are higher? Do you get a lower quality product by buying from Amazon? No, you get the same quality for less money. Amazon has managed to become more efficient that Best Buy, thus lower prices.Why can't we get the same quality for less money? Why can't the State become more efficient? By the way, Vermont and New Hampshire have much lower taxes and the quality of life is very good there, so low taxes does not mean low standard of living. Keep raising taxes and businesses will start to move out. Jobs will move out. Just like they currently are doing now.

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