We recently outlined a bill introduced by Senator Patty Murray (D-WA), which would expand the EITC and pay for it in part by further limiting the deduction for executive compensation. The Senator believes that the...
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- Tax Freedom Day Finally Arrives in Connecticut
Tax Freedom Day Finally Arrives in Connecticut
Residents of the Constitution State celebrate Tax Freedom Day today, after a very long wait. Connecticut's Tax Freedom Day is the latest in the nation, and significantly later than the notional Tax Freedom Day of April 23. The earliest state Tax Freedom Day this year, back on March 29, was celebrated in Alaska.
Ok, Connecticut you get to start working for your family and yourself today. Today is Tax Freedom Day, it's the day were you've finally worked enough to pay all your Federal, State and Local taxes.
We in Connecticut have the honour of working longer than any other state in the Union to pay our fair share. We work till May 08th.
How ironic that Tax Freedom Day and the end of the CT Legislature Session coincide. Coincidence? I think NOT!
Other states where citizens wait unusually long for Tax Freedom Day® are California (April 30), Washington (April 29), Massachusetts (April 28), Maryland (April 28), Minnesota (April 27), and Florida and Hawaii on April 26.
Wow, we work a whole WEEK longer than our closest competitor California! Ouch!
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