General Assembly Proposed Bill No. 5884
January Session, 2013 LCO No. 1750
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. LEMAR, 96th Dist.
General Assembly
Proposed Bill No. 5884
January Session, 2013
LCO No. 1750
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. LEMAR, 96th Dist.
AN ACT CONCERNING INCOME TAX RATES ON INCOMES OVER ONE MILLION DOLLARS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 229 of the general statutes be amended to increase income tax rates to 6.8 per cent on income from one million dollars to two million dollars and to 8.8 per cent on income over two million dollars.
Statement of Purpose:
To increase taxes on incomes over one million dollars to create fairness and equity in Connecticut's tax code.