Tag: sales tax
![Connecticut capital](https://crr.bc.edu/wp-content/uploads/2022/07/Connecticut-capital.png)
The economic turmoil in the early months of the pandemic – a plunging stock market and soaring unemployment – posed a real threat to state and local government pension funds and the workers who rely on them. One group was particularly vulnerable: public-sector workers who aren’t covered by Social Security and lack the backstop of…
![Credit cards on a banknotes background](https://crr.bc.edu/wp-content/uploads/2022/12/credit-cards-1536x1024.jpeg)
Manhattan residents who itemize their federal tax returns pay an average $102,000 in state and local taxes – more than anywhere else. The second highest tax tabs, nearly $50,000, are in Marin County, the home of musicians and movie stars across the Golden Gate Bridge from San Francisco. Other enclaves with large bills for property,…