The Tax Man Is On The Way

by LonSeidman

Taxpayers won’t notice the new income tax increase immediately, but that’s because the increased withholding, which is retroactive to January won’t be taken out of their checks until Aug. 1.
As part of the two-year, $40.11 billion state budget that still has to be ratified by the state employee unions, income taxes were expanded and increased and the property tax exemption was reduced for middle income earners.
The income tax click to continue reading at CTNewsJunkie

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