I wanted to inform you about the changes to motor vehicle tax assessments adopted by the Connecticut General Assembly during the special session last month. Here’s what you can expect going forward.
In addition to the recent income and property tax cuts, this measure will result in lower taxes for the vast majority of vehicle owners and small businesses. These changes were a bipartisan effort to lower the tax burden on Connecticut residents.
Many car owners will see their assessments fall compared to the previous system. The average car will have an 8% lower assessment.
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