Conn. tax bite less painful for some

HARTFORD, Conn. (AP) — Connecticut's tax bite has become a little less painful.

Some state residents will see small amounts of extra money — between $2 and $20 a week — in their paychecks after a retroactive tax increase ended Dec. 31. The legislature and Gov. Dannel P. Malloy raised the income tax to help close a $3 billion budget shortfall, making the tax increase retroactive to Jan. 1, 2011.

The retroactive increase was in effect for the last five months of 2011.

The Day of New London reports single taxpayers making $50,000 annually and married couples taking in $100,000 a year had an extra $200 withheld from Aug. 1 to the end of the year. The same tax increase will now be spread over a full year.

Those making less money are not expected to see a change.

Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

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ClintonResident
Please delete my previous comment. It says levels over 2010 are now in effect.
ClintonResident
Attention to the editor of this article. It is difficult to understand and needs clarity. I read the article from The Day (New London) which states that the tax levels from 2010 will now be spread over a full year and that singles making $50,000/married couples making $100,000 are not expected to see a change, Thank you.
 

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Connecticut (change)

 
Connecticut has 169 cities and towns, which serve as the fundamental local political subdivision of the state. Connecticut is the 5th of the original thirteen United States.
 
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Governor: Dan Malloy
Lieutenant Governor: Nancy Wyman
Attorney General: George Jepsen
State Treasurer: Denise L. Nappier

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