While the introduction of a so-called mansion tax in Connecticut’s 2020-21 budget will set a significant precedent for future legislative sessions, real estate experts in Fairfield County, where many of the state’s priciest single-family homes are located, believe that trading volume will largely be unaffected by the new financial measures. The Constitution State’s $43.3 billion budget, which cleared its legislature earlier this month but awaits the signature of Gov. Ned Lamont, adds a 2.25 percent […]
source https://therealdeal.com/tristate/2019/06/25/resi-brokers-remain-resolute-in-face-of-connecticuts-new-mansion-tax/#new_tab
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