The Moderate House Democratic Caucus said they stand with Gov. Ned Lamont in opposing tax increases on Connecticut’s wealthy residents proposed by their progressive counterparts as Democratic legislative leaders and the governor begin budget negotiations.
capital gains surcharge
The budget package passed by the Finance, Revenue and Bonding Committee includes more than $1 billion in new taxes by 2023 coupled with some targeted tax credits, according to the fiscal note attached to the
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