Connecticut Governor Announces Tax Cuts and Benefits for Residents in 2024
Originally Published 2 years ago — by CT.gov
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.