State government could raise as much as $180 million annually to combat homelessness or address other social needs by boosting its tax on the sale of high-value houses, according to a recent report from two Washington fiscal think tanks.
July 3, 2024
Connecticut Mirror: Could CT Fight Homelessness With a ‘Mansion Tax’? Yes, Report Says
Institute on Taxation
and Economic Policy
ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.
Subscribe to ITEP Emails
Tax research and policy news in your inbox.
Promote Fair Tax Policy
Your gift to ITEP promotes tax justice. With your help, we do research that supports taxing millionaires and billionaires, taxing big corporations and raising revenue for the things our people, our communities and our planet need.
Together, we can create a country with more economic justice, more racial justice, more climate justice… and more tax justice.