In its
2010 annual report on state and local government revenue sources, the Tax Foundation ranks Connecticut 10th among the 50 states in reliance on revenue from property taxes and 6th in reliance on personal income taxes. The report, which is based on U.S. Census data on tax collections for FY 08, compares the percentage of each state’s combined state and local revenue that comes from property taxes, general and selective sales taxes (including taxes on such things as motor fuel, cigarettes, alcohol, amusements, insurance premiums, and public utilities), individual and corporate income taxes, and licenses and other taxes.
The percentages for Connecticut and its neighboring states are:
| State | Property | General Sales | Selective Sales | Personal Income | Corporate Income | Licenses and Other |
| CT | 36.0% | 15.3% | 9.8% | 32.5% | 2.6% | 3.8% |
| Mass | 34.3% | 12.1% | 6.3% | 36.8% | 6.4% | 4.2% |
| NY | 28.3% | 16.7% | 7.9% | 33.6% | 8.2% | 5.5% |
| RI | 42.3% | 17.4% | 11.2% | 22.4% | 3.0% | 3.6% |
Forster, Ryan and Padgitt, Kail. “Where Do State and Local Governments Get Their Tax Revenue?” Fiscal Fact, No. 242, Tax Foundation, August 27, 2010.
