State Democrats Call For Senior Tax Releif
Hartford, CT - Senate and House Democratic leaders, legislators and advocates held a press conference today to call for senior tax relief by exempting Social Security income from the state income tax. The General Assembly’s Finance Revenue and Bonding Committee will hold a public hearing tomorrow to consider several proposed bills on the topic including Senate Bill 6 An Act Exempting Social Security Income from the Personal Income Tax and House Bill 5587 An Act Concerning a Tax Exemption for Seniors’ Social Security Benefits. “Exempting Social Security income from the state income tax could save Connecticut’s seniors up to $45 million a year,” said Senate President Pro Tempore Martin M. Looney (D-New Haven). “Providing seniors with increased financial…