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
business taxes
The Tax Foundation released its annual ranking of states based on their overall business tax climate and placed Connecticut 47th in the country, besting both New York and New Jersey but falling short of other
In response to President Donald Trump’s tax bill that limited state and local tax deductions – known as SALT deductions – Connecticut developed a novel way to allow business owners to avoid getting hit with
Connecticut slid backwards in the Tax Foundation’s annual ranking of states based on their business tax climate. Connecticut ranked 44th in the nation - one ranking lower than last year - and far behind Massachusetts,
The Connecticut Business and Industry Association and BlumShapiro released Friday their annual survey of businesses in Connecticut, showing state taxes and regulations are the biggest roadblocks to business growth and expansion. The three biggest challenges
General Electric announced this week it would move its headquarters from Connecticut to Boston, Mass., highlighting the need for policies focused on increasing opportunity for all Connecticut residents. While many officials tried to cast blame