Republicans feel that the government needs to cut back on services to bring taxes down, while Democrats are calling for a flat rate tax for vehicles.
Connecticut is one of just two states in the nation that ranks in the top 10 in real estate and vehicle taxes.
The property tax bill for the average homeowner in Connecticut is more than $3,000, and the average car tax bill is a whopping $600, according to an NBC News report based on WalletHub research.
Rhode Island is the other state that also ranks in the top 10 in both categories.
Lawmakers in the state are considering cutting car taxes in some local jurisdictions, but it may simply result in hikes in other areas.
Most politicians in the state seem to think that it’s a problem of some sort, although they naturally disagree on the way to go about solving it. Republicans feel that the high taxes indicate that the state has more services than it should and lawmakers should cut back on those services to allow for tax cuts. State Sen. Martin Looney, who is the state Senate’s top Democrat, said that he wants a flat statewide car tax to deal with the fat that people in different parts of the state pay different taxes for the same type of car.
The state will need to do more to attract businesses to Connecticut, and dealing with the tax law is part of that, argued Republican State Sen. Rob Kane, according to the report.
The average Connecticut household spends $3,301 on property taxes, compared to the $2,089 national average. The average vehicle property tax in America, meanwhile, is $423, but Connecticut drivers pay $630 on average.
Property taxes have a big impact on Americans. About $15 billion worth of homes were foreclosed on as a result of property tax delinquencies every year. And even for those who rent, those high taxes can mean a higher monthly rent.