Connecticut grabs a place in Top 10 for Tax Categories of Real Estate and Vehicles
According to a survey by WalletHub, there are only two states in the United States that rank in the top 10 in two key tax categories, real estate and vehicles, and Connecticut is one of them. WalletHub stated that the average car tax bill in Connecticut is more than $600 and the average real estate or home property tax bill in the state is over $3,000.
Rhode Island, officially the State of Rhode Island and Providence Plantations, also ranked in the top 10 in both real estate and vehicles categories. Rob Kane, Republican member of the Connecticut Senate, said that the high taxes prove that the state has more state services than it should.
Kane, a Republican from Watertown, said that there are four basic functions that government has to perform: public safety, public health, education and infrastructure. As per some reports, lawmakers have been looking for a potential cut to the car tax for some places, but that change is likely to lead to hikes elsewhere.
State Sen. Martin Looney, the Senate's top Democrat, said, "On numerous occasions that a flat statewide car tax makes sense because a car shouldn't have a different value just because it's in Greenwich or Hartford". While talking to NBC Connecticut last week, Looney said that it is unfair to have a radical disparity in car tax rate. There should be more uniform taxation on motor vehicle property, according to Looney.
As per Kane, Connecticut has to show the entire country and employers that the state is good at so many things that are not taxing for its people in myriad ways. He further said that it's good that the state is No. 1 in basketball, otherwise the state is down at the bottom of the list in so many other things.