How Connecticut Taxes Retirees

Military pensions and maybe some of your Social Security are exempt from taxes in Connecticut but other than those two things, EVERYTHING else is.  Too bad too because it wasn't that long ago when Connecticut had no income tax.  My how quickly things changed for the residents of that great state.  However, Connecticut's sales tax burden looks much worse than it actually is, once you factor the local sales taxes.  In fact, while the state is ranked quite high in overall state sale tax burden, once factor in local sales taxes, CT comes in rather low relative to the rest of the US. Property tax burden as a percentage of assessed value and in terms of total dollars collected is in the top ten of highest taxed states.  And there is not much of a homestead exemption or property tax credit for seniors either. All in all, Connecticut is painful for retirees.  High income taxes, high property taxes, lower sales tax with very minimal deductions or exemptions to take advantage of.