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Connecticut is a Leader on Tax Relief

7/27/2023

Connecticut is a leader on tax relief for low- and middle-income earners.

While other states cut taxes for the wealthy and corporations, Connecticut stands out for providing nearly $500 million in relief for individuals and families.

Highlights of tax relief passed by the CT Legislature this year:

Lowering the income tax rates to save many middle-class households $300-$500 a year
Raising the state income tax credit from 30.5% to 40% of the federal Earned Income Tax Credit - providing $210 on average for households earning less than $60,000 per year
Expanding an existing exemption for certain pension and annuity earnings, providing additional financial security for retirees and those close to retirement

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Connecticut Ranks In Top 10 States To Live, Work In

7/27/2023

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Connecticut recently captured the 10th-place ranking in CNBC’s annual list of the best states in America to live and work in.

The state’s health care, low crime and worker protections were cited as its biggest strengths, while air quality and voting rights were mentioned as points of potential improvement – and Connecticut Democrats are working to expand early voting and absentee ballot access.

All 10 of the states placing in the top 10 have Democratic leadership, with Vermont, Maine, New Jersey, Minnesota, Hawaii, Oregon, Washington, Colorado and Massachusetts making up the other positions.

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CT State news

Connecticut is a Leader on Tax Relief

Connecticut Ranks In Top 10 States To Live, Work In

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