Connecticut Governor Announces Tax Cuts and Benefits for Residents in 2024
TL;DR Summary
Connecticut Governor Ned Lamont has announced three tax relief measures that will take effect in 2024, including the largest income tax reduction in state history, an increase in the Earned Income Tax Credit for low-income workers, and an expansion of exemptions on certain pension and annuity earnings for seniors. These measures are expected to reduce taxes for Connecticut taxpayers by approximately $460.3 million and benefit over one million tax filers.
Topics:nation#connecticut#earned-income-tax-credit#income-tax-rates#senior-pension-exemptions#tax-relief#taxation
- Governor Lamont Announces Connecticut Income Tax Rates Go Down, Earned Income Tax Credits Go Up, Senior Pension Exemptions Expand at the Start of 2024 CT.gov
- Ned Lamont talks tax cuts, electric cars at holiday breakfast The Connecticut Mirror
- What to know about the new 2024 tax cuts for Connecticut residents WTNH.com
- State Officials Celebrate Tax Cuts Taking Effect Next Month CT News Junkie
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