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…
capital gains tax
Connecticut Gov. Ned Lamont delivers his State of the State address at the State Capitol in Hartford, Conn., Wednesday, Jan. 9, 2019. (AP Photo/Jessica Hill) Should I stay or should I go now?If I go…
Connecticut Gov. Ned Lamont delivers his State of the State address at the State Capitol in Hartford, Conn., Wednesday, Jan. 9, 2019. (AP Photo/Jessica Hill) The Finance, Revenue and Bonding Committee on Wednesday approved a…
As Democrats in the legislature float proposals to raise the income tax rate on Connecticut’s highest earners and increase the capital gains tax, Chief Executive Officer for Greenwich-based AQR Capital Management Clifford Asness tweeted “Do…
Analysis: Preview of the budget battle ahead Democrats are gearing up for an intra-party squabble about how to close the $3.7 billion two-year budget deficit. This year’s budget battle won’t be Democrats vs. Republicans, but…