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FORM CT 706709 Connecticut Estate and Gift Tax

FORM CT 706709 Connecticut Estate and Gift Tax

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[Music] thank you let's talk about property taxes property taxes is the main Revenue source for municipalities and that revenue is used to pay for many required local services that are required by municipalities to perform for all of our communities and that can be anything from public service Public Safety Services education even keeping our land records so it's a number of different services that we provide and our property taxes being the main Revenue Source goes towards those and as a matter of fact many municipalities property taxes makes up 70 to 75 percent of our total revenue on an annual basis that's a big portion of our of a municipalities Revenue you may hear me uh property taxes are called regressive and we call property taxes regressive because they are regressive property taxes are calculated based on the value of a property value of a person's home value of a car value of a business and that is blind to that the economic circumstances that

Related searches to FORM CT 706709 Connecticut Estate And Gift Tax

2019 form ct 706709 connecticut estate and gift tax 2021
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