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Wednesday, February 08, 2006

Kiss your car tax goodbye

I wish we could kiss goodbye some of the other high taxes that we're forced to pay (sales tax, state income tax, gasoline tax).

From the Hartford Courant
Gov. M. Jodi Rell wants to eliminate municipal car taxes and cut the state's public utility taxes by 25 percent, two moves she says will save Connecticut residents millions of dollars a year.

Rell is proposing the first significant tax reductions since the 2002 and 2003 budget crisis. A Republican, Rell also wants to phase out the estate tax and eliminate the corporate surcharge - a 25 percent fee corporations pay on top of income tax.


Under Rell's car tax plan, kept as a secret until moments before her address to a joint session of the legislature, the state would reimburse cities and towns for the money they would have received from residential car tax bills. Commercial car taxes would not be affected by the proposal.

"Starting this July, you will no longer have to write a check for your car taxes. It will be a thing of the past," she said, receiving especially loud cheers from Republican legislators.
The full text of Gov. Rell's State of the State speech can be read here.