Letters
A Little Taxation Perspective
Published: Feb 03, 2022 4:45 pm
To the Editor:
Let’s put this talk of cutting the sales tax by .36% (.0036) in perspective.
On purchases of $100,000 in taxable goods a CT resident would save $360. Considering the median income in the state is $79,043 it is unlikely most citizens of CT would see even that much savings.
Remember this is on taxable purchases not including non-tax items, such as food and rent.
Very high income individuals would benefit most and lower income well, you do the numbers.
John S. Boccuzzi Sr.
Newtown