Connecticut SB00104 establishes a capital gains surcharge on taxpayers with high incomes.
Connecticut SB00104 introduces a capital gains surcharge for taxpayers whose Connecticut adjusted gross income meets or exceeds the threshold for the highest and second highest marginal rates. This bill aims to impose a one percent and seventy-five-hundredth percent surcharge on the net gain from the sale or exchange of capital assets for these taxpayers. The surcharge is intended to generate additional revenue from high-income individuals.
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