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Opinion: CT Democrats' 'Mansion Tax


Opinion: CT Democrats Mansion Tax is aimed at the middle class
Submitted by Dan Quigley Quigley
Feb. 2, 2021
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Harbor View Condominium at 40 West Elm St. in Greenwich.Contributed Photo
Recently, Democrat state Senate President Martin Looney proposed a new, annual tax on homes whose market value is more than $430,000 ($300K for assessed value). Mr. Looney has said he is “fine” with his tax proposal being called a “Mansion Tax.” His plan would potentially raise upward of $73 million for the state, and specifically $43 million for New Haven, the district represented by guess who? Mr. Looney.
Mr. Looney insists that this is not a tax increase, but rather “property tax reform.” This is doublespeak for rebranding a tax increase as something more palatable. There are major flaws in what Mr. Looney has proposed. Despite this, many of his fellow Democrats support it. ....

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