Hartford Business Journal: Legislative Panel Aims to Rethink CT’s Tax Code
media mentionBut if the rich feel slighted, consider this: A study last year by the Institute on Taxation and Economic Policy found that lower- and middle-income residents pay a higher percentage of their wages to the income tax than do the wealthy.
As if the panel’s charge wasn’t broad enough, it has one more thing to look at: the feasibility of making nonprofits and hospitals pay some level of property taxes.