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CT Ranks Among Worst States For Return On Taxpayers' Investment

Tax return
Tax return Photo Credit: Pixabay

With taxes due in the coming weeks, Connecticut residents may want to avoid getting their hopes up, as the Nutmeg State is among the worst in the nation when it comes to tax returns, according to a newly released report.

WalletHub released the results of a new report which determined that Connecticut ranked 41st in the nation in with the worst tax return investment for taxpayers. The state ranked 46th in “total taxes paid per capita,” but finished sixth in “overall government services.”

According to the study, in order to determine which states yield the best and worst return on investment (ROI) for taxpayers, WalletHub compared the quality of government services received by residents to the total state and local taxes they pay in each of the 50 states.

The report said that 55 percent of Americans feel they are paying too much in taxes, while 90 percent don’t think that the government uses tax revenues wisely.

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