Study: CT a leader in state tax revenue growth

Connecticut’s recovery from The Great Recession generally is viewed as lagging the nation’s, particularly when it comes to job growth. But a new analysis from the Pew Charitable Trusts shows Connecticut among the leaders in one key metric — state tax revenue growth. And while a significant portion of Connecticut’s revenue recovery is attributable to major tax hikes in 2011 and 2015, critics had argued — inaccurately — that those increases resulted in less resources in the state’s coffers. “State tax revenue — like the U.S.

from News https://www.ctpost.com/local/article/Study-CT-a-leader-in-state-tax-revenue-growth-13568419.php