New income tax cut for married people filing jointly

Household income in Connecticut is taxed through a series of marginal rates, meaning that each portion of adjusted gross income is taxed at a separate rate, depending on the range within which it falls.

The state's budget proposal would reduce the two lowest marginal rates for married couples filing jointly, as shown below.

However, after certain income thresholds, some of the tax benefits are phased out or recaptured.