Taxes in Connecticut

Each state’s tax code is a multifaceted system with many moving parts, and Connecticut is no exception. The first step towards understanding Connecticut’s tax code is knowing the basics.

How does Connecticut rank?  Below, we have highlighted a number of tax rates, ranks, and measures detailing Connecticut’s income tax, business tax, sales tax, and property tax systems. Click the tabs below to explore!

Top Individual Income Tax Rate

6.99%

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State and Local Individual Income Tax Collections per Capita

$2279

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State and Local Tax Burden

12.6%

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Tax Freedom Day

May 21

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Top Corporate Income Tax Rate

8.25%

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State Business Tax Climate Index Ranking

44

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State Sales Tax Rate

6.35%

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Combined State and Average Local Sales Tax Rate

6.35%

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State and Local General Sales Tax Collections per Capita

$1137

State Gasoline Tax Rate (cents per gallon)

39.3¢

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State Cigarette Tax Rate (dollars per 20-pack)

$4.35

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Property Taxes Paid as a Percentage of Owner-Occupied Housing Value

1.62%

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State and Local Property Tax Collections Per Capita

$2847


Featured Articles

Evaluating the SALT Deduction Constitutional Challenge

July 17, 2018


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January 2, 2018

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October 12, 2017

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January 4, 2017

Lunch Links: Questionable Trump Tax Maneuver to Avoid Debts Cited; Colorado Rebuts Arizona Ads Opposing State’s Marijuana Voter Proposition; Left’s Opposition to Washington Carbon Tax Criticized; Yale Daily News Endorsement Puts Tax Exemption at Risk

November 1, 2016

Lunch Links: European Commission Slammed by Congress Over Apple/Ireland Tax Decision; Goodlatte Online Sales Tax Draws More Support; Paying By the Mile Rather Than the Gallon

August 31, 2016

Lunch Links: Republican Plan Upcoming for Sales Tax on Internet Buys; Walmart Avoids Excessive Tax Proposed by Puerto Rico; Explaining Why States Should Index Tax Brackets for Inflation

August 25, 2016

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August 11, 2016

State Tax Changes Taking Effect July 1, 2016

June 30, 2016

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June 10, 2016

Lunch Links: IRS Impeachment, State Tax Updates, and Why the California Teamsters Oppose Marijuana Legalization

May 24, 2016

Lunch Links: IRS Auditing by Telephone, President Obama vs. Senator Paul on Tax Treaties, Jamba Juice Flees California

May 9, 2016

Lunch Links: California Moves Ahead With Marijuana While Vermont Doesn’t, Trump on Taxes, New York City Bag Fee

May 6, 2016

General Electric Leaves Connecticut

January 13, 2016

Tax Foundation Testifies in Connecticut

September 17, 2015

Connecticut Governor Agrees to Pull Back Business Tax Increase

June 12, 2015

Connecticut Legislature Sends Corporate Tax Hike to Governor

June 5, 2015