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

When state and local taxes are combined, Connecticut ranks slightly less than 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.  
Jeff Pennell October 24, 2012 at 03:43 PM
Keep electing democrats to the state legislature and our tax burden will just keep rising. Maybe the democrats should lower their wasting of out tax dollars and stop increasing the amount they spend, or maybe Connecticut residents will wise up and vote these idiots out of office before everyone in the state is broke.
Thomas Crafts October 24, 2012 at 06:36 PM
We can do better than this. First place is within our grasp!!
Paul Alexander October 24, 2012 at 06:53 PM
January begins the General Assembly session which means it's tax increase time in CT. Connecticut is annualizing a $180 million budget deficit for 2012. Do you really think the CT General Assembly will chose spending cuts to close that deficit??? No way. Newtown should not put a town budget to referendum until the state has disclosed THEIR tax increases. If the town does put a budget to referendum before the Governor signs the state budget, then the town should vote the budget down until they know what their state tax liability increase will be. How can you ask taxpayers to continue this tax increase madness???
Paul Alexander October 24, 2012 at 06:54 PM
Retroactive to January 1st....of course!
Richard Hooker October 24, 2012 at 10:03 PM
Yep, of COURSE it IS!!! Those democrats LOOOOOVE to make it worse and worse. When will the sheep of CT learn? You gotta get these people OUT of office, not vote them IN
Steven DeVaux December 07, 2012 at 11:00 PM
Welcome to Brookfield Connecticut. One of the tops in taxation in Connecticut!

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