Personal Income Tax Rates Statistical Section Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2007

State of Connecticut

Personal Income Tax Rates
Last Six Calendar Years
(Expressed in Thousands)
Year Top Rate Single/
Married Filing
Jointly
Married
Filing
Jointly
Head of
Household
Average
Effective
Rate
2002 4.50% $10,000 $20,000 16,000 2.50%
2003 5.00% 10,000 20,000 16,000 2.48%
2004 5.00% 10,000 20,000 16,000 2.97%
2005 5.00% 10,000 20,000 16,000 3.17%
2006 5.00% 10,000 20,000 16,000 3.34%
2007 5.00% 10,000 20,000 16,000 3.46%


Notes: Taxable income equal to or less than amounts listed above is taxed at a rate of 3%.
Average effective rate equals fiscal year net tax collections divided by prior-year total personal income.
Sources:U. S. Bureau of Economic Analysis and Department of Revenue Services