Sunday, September 21, 2008

The “Rich” and Taxes?

If you don't believe the "rich" pay a large percentage of our taxes, check out this statistic from today's Hartford Courant: "Despite having only about 60,000 people, the town contributed nearly $600 million in state income taxes in 2006 — more than three times the income taxes paid by the combined populations of Hartford, Bridgeport, New Haven and Waterbury. With only 1.8 percent of tax filers, Greenwich provides nearly 13 percent of all state income tax, helping to pay for schools in West Hartford and road repairs in Rockville, not to mention every other cost related to running the state."

The story goes on to discuss the problems Connecticut may face in light of the problems with the stock market.

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