“Raising taxes in response to this economic downturn ignores twelve years of Connecticut’s economic and fiscal history – and will only chop any chance of recovery off at the knees. Connecticut now has an opportunity to gain wealthy residents fleeing New York City and thereby increase its high-income tax base. ...
**UPDATE: Gov. Lamont issued an executive order at approximately 8:30 p.m. on May 13 extending the suspension of the plastic bag tax until June 30. Executive Order 7NN can be viewed here. Yankee’s original article pointing out the tax would begin again on May 15 was published at noon on ...
On an April 22 conference call with municipal leaders in the Capital Region Council of Governments, Connecticut Sen. Richard Blumenthal said “at some time, we will have to face the need to tighten our belts” in order to pay for $2 trillion in federal bailouts. “When I say tighten our ...
CT Voices for Children, a public policy organization based in New Haven, released the first in a series of recommendations for mitigating the economic recession caused by the COVID-19 pandemic. Their recommendations included increasing the income tax rate on Connecticut’s highest tax bracket and increasing the size of Connecticut’s government. ...
“Calls for raising Connecticut taxes and increasing the size of state government ignore twelve years of Connecticut’s economic and fiscal history. We have seen three major tax increases – including raising taxes on the wealthy and businesses — since the 2008 recession, and since that time our state has experienced ...
Former Vermont Commissioner of Environmental Conservation and consultant for the Center for Climate Strategies in Washington D.C. Jeffrey Wennberg penned an op-ed blasting a proposal to institute a regional gasoline tax, part of an inter-state compact known as the Transportation and Climate Initiative. “TCI is nothing more than an inefficient, ...