 Connecticut could raise $92 million a year if the state put a 4% tax on all home sales over $1 million. State Senate President Martin Looney says he will try again next year for a statewide property tax on high-value homes, according to the Connecticut Mirror. Republicans and the state's real estate trade group oppose the measure. Towns on Long Island's east end have a 2% real estate transfer tax to raise money for open space and community preservation. Davis Donovan, WSHU News.