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WHAT CAN CONNECTICUT LEARN FROM ITS
NEIGHBORS ABOUT PROPERTY TAX LIMITATIONS?
BY JARED WALCZAK
ABOUT THE TAX FOUNDATION
The Tax Foundation is the nation’s leading independent tax policy research
organization. Since 1937, our research, analysis, and experts have informed
smarter tax policy at the federal, state, and global levels. Our Center for State
Tax Policy uses research to foster competition among the states and advises
policymakers on how to improve their tax systems.
Center for State Tax Policy
Vice President of State Projects
Senior Policy Analyst, Excise Taxes
Senior Policy Analyst
ABOUT YANKEE INSTITUTE
Yankee Institute for Public Policy Studies is a research and citizen education
organization founded in 1984 under section 501(c)(3) of the Internal Revenue
Service code. As one of America’s oldest state-based think tanks, Yankee develops
and advocates for free market, limited government public policy solutions in
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• Connecticut’s property tax burdens are rising rapidly, with the state’s effective property tax
rates on owner-occupied housing now among the highest in the country at 1.7 percent of
• Property tax burdens in Connecticut continue to increase even as property values decline,
whereas other states—including neighboring Massachusetts and New York—have managed to
keep the growth of property tax burdens in check.
• Connecticut possesses no meaningful property tax limitation regime, making it an outlier
among states, while Massachusetts and New York both impose effective limitation regimes
that are considered models for other states.
• There are three types of property tax limitations—assessment limits, rate limits, and levy
limits—with the latter combining the greatest effectiveness with the fewest unintended
• Property tax limitations typically allow for some ra