Connecticut residents are again paying some of the highest state and local taxes this year, according to updated figures from the Tax Foundation. The Tax Foundation’s annual State and Local Tax Burdens report looked at
Taxes
State officials have warned that upwards of 44,000 businesses in Connecticut have yet to register for Connecticut’s paid family and medical leave program and could potentially face fines. However, according to House Republican Leader Vincent
On December 21, 2020 Gov. Ned Lamont signed onto a regional cap and invest program called the Transportation and Climate Initiative (TCI) that will raise the price of gasoline by upwards of 17 cents per
As part of his budget proposal Gov. Ned Lamont included a highway use tax for large trucks based on vehicle weight and miles traveled in the state to raise $90 million annually for the state’s
Connecticut is paying more per person to the federal government than it receives through direct payments, grants and wages than any other state in the country, according to an annual study produced by the Rockefeller
A bill to study a possible tax on the number of miles Connecticut residents drive has returned after the Senate unanimously voted against the idea in 2017. Sponsored by Rep. Cristin McCarthy Vahey, D-Fairfield, who
Sen. Martin Looney, D-New Haven, and supporting Democrats have labeled a proposed statewide property tax a “mansion tax” that would largely affect high-wealth towns like Greenwich and Westport. However, it is also a tax on
Members of the state Compensation Commission for Elected Officers and General Assembly Members voted 3-2 today to recommend that state lawmakers and the governor receive a wage increase in January following the next election for
Senate President Pro-Tem Martin Looney, D-New Haven, filed two bills to implement a statewide property tax on residential and commercial property and to implement a surcharge on capital gains. Although the bills are only concept
A new study released by the Pioneer Institute in Massachusetts has a warning for Massachusetts lawmakers who may consider raising the state’s income tax rate: Don’t be like Connecticut. Connecticut’s Dangerous Game: How the Nation’s