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Proposal By Wilton’s O’Dea Repealing Tax On Social Security Moves Ahead
A proposal introduced by State Rep. Tom O’Dea (R-Wilton, New Canaan) to exempt Social Security from the state income tax – and help the state’s retirees – has been incorporated into a bill that was approved by the legislature’s Committee on Aging. “This state’s tax policies are making retirees flee the state,” said O’Dea. “The personal income tax Connecticut places on Social Security is one significant reason why. There are 26 states that don’t tax Social Security, and our retirees are heading to them so they can have retirement where they can make ends meet. We need to stop penalizing the people who have made our state what it is. Read More…
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