Connecticut Mirror: After one alarming tax fairness study, CT is wary of launching a second
media mentionGasoline distributors shift the entire cost of Connecticut’s 8.1% wholesale fuel tax onto local filling stations, which then pass it all onto motorists — who also pay a 25-cents-per-gallon retail tax.
Meg Wiehe, deputy executive director of the Institute on Taxation and Economic Policy, said Connecticut already is a land of “stagnating working-class incomes” and “extreme income and wealth inequality.”
At first glance, analysts often observe the state income tax is relatively progressive. A personal exemption and a property tax credit mean many households earning less than $35,000 per year pay little-to-no income taxes to the state.