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Tax is collected by the Connecticut Department of Revenue Services [173] and by local municipalities. [174] As of 2012, Connecticut residents had the second highest rate in the nation of combined state and local taxes after New York, at 12.6% of income compared to the national average of 9.9% as reported by the Tax Foundation. [175]
The Department of Administrative Services (DAS) is the nerve center for Connecticut state government. From statewide human resources to information technology to building and construction services, to procurement, to fleet operations, to grant administration, and more, DAS helps state government function. DAS offers services for state agencies ...
The 169 towns of Connecticut are the principal units of local government in the state and have full municipal powers including: Corporate powers. Eminent domain. Ability to levy taxes. Public services (low cost housing, waste disposal, fire, police, ambulance, street lighting)
Wyoming imposes a statewide hotel tax of 5%. 2% of the state tax revenue is allocated to county governments. Counties may impose an additional 2% tax as well. Before 2021, counties could impose a rate of up to 4%, but the state reduced the rate after imposing its own bed tax. [73]
The total gross state product for Connecticut for 2012 was $229.3 billion, up from $225.4 billion in 2011. [1] Connecticut's per capita personal income in 2013 was estimated at $60,847, the highest of any state. [2] There is, however, a great disparity in incomes throughout the state; after New York, Connecticut had the second largest gap ...
There are eight counties in the U.S. state of Connecticut. Four of the counties – Fairfield, Hartford, New Haven and New London – were created in 1666, shortly after the Connecticut Colony and the New Haven Colony combined. Windham and Litchfield counties were created later in the colonial era, while Middlesex and Tolland counties were ...
Also in January 2015, the editorial board of The New York Times called the IRS budget cuts penny-wise-and-pound-foolish, where for every dollar of cuts in the budget, six were lost in tax revenue. [42] A 2020 Treasury Department audit found the IRS had improved its identity verification system offerings for taxpayers, but was still behind in ...
Main article: Form 1040. As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for ...
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