Homeowners in these 10 towns would pay the most under a proposed Connecticut ‘mansion tax’

Link: https://www.courant.com/politics/hc-pol-mansion-tax-towns-20210127-vn3vkw7hfrg6lngynndiwe5kzi-story.html


proposed statewide property tax on homes valued at $430,000 or higher would be largely paid by homeowners along Connecticut’s Gold Coast, with Greenwich accounting for more than 25% of all the new revenue, according to legislative estimates.

But the analysis prepared by legislative staff shows that some homeowners in smaller or less well-heeled towns like Manchester or Putnam, would also be on the hook for the new fee, though contributing far less to the estimated $75 million that would be raised annually than their Fairfield County counterparts.

Author: Russell Blair

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Publication Site: Hartford Courant