Gov. Ned Lamont reportedly considered a small sales tax on groceries in Connecticut, sparking widespread media coverage and public backlash, but that idea – and some of his other tax ideas which became part of his 2019 budget proposal – have some interesting roots. Reportedly, the governor was considering a ...
Gov. Ned Lamont proposed instituting a tax on sugar-sweetened beverages in an effort to close Connecticut’s $3.5 billion budget deficit. This isn’t the first time the so-called “soda tax” has come to Connecticut – it came up for a public hearing in 2017 — but Lamont’s proposal is bigger and ...
Gov. Ned Lamont has proposed a 10-cent tax on plastic grocery bags to raise $30 million in revenue for Connecticut, which faces on-going budget deficits due to unfunded pension liabilities and bonded debt. But the proposal would likely be the first of its kind and adds another so-called “sin tax” ...
In an effort to close a projected $3.5 billion budget deficit driven by Connecticut’s ever-rising pension and debt costs, Gov. Ned Lamont has proposed expanding the state sales tax to include, among other things, non-prescription medication. So, if paying Connecticut taxes is giving you a headache, you’re going to have ...
A proposal to implement a statewide vehicle tax could leave Connecticut residents paying less property tax for their cars, but ultimately more property taxes on their homes. The plan would eliminate municipal car taxes and replace them with a 19 percent state car tax. The state would collect the revenue ...
Connecticut has the third highest electricity costs in the nation and the highest costs in the Northeast, according to the U.S. Energy Information Administration, but that isn’t stopping the state of Connecticut from approving a 19 percent increase in electricity generation rates this year. Connecticut’s Public Utilities Regulatory Authority approved ...