Institute on Taxation and Economic Policy

April 28, 2016

West Hartford News: Another View: Malloy’s new economic reality

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“According to the Institute on Taxation and Economic Policy’s data for 2015, Connecticut residents who earned between $46,000 and $76,000 paid double the tax rate (10.7 percent) than those who earned $1.3 million or more (5.3 percent). It may be a dirty little secret, but it’s nevertheless the reality of our state; rich folks and our largest corporations are benefiting from the inequitable revenue policies spawned by a government enthralled with the wealthy and powerful.”

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