Democratic legislative leaders held a press conference pitching a $46 billion budget proposal from the Appropriations Committee and announcing their intention to push forward with tax increases on Connecticut’s wealthy residents despite opposition from Gov.
capital gains tax
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
Should I stay or should I go now?If I go there will be troubleAnd if I stay it will be doubleSo you gotta let me knowShould I stay or should I go? — (apologies to)
The Finance, Revenue and Bonding Committee on Wednesday approved a $1.3 billion revenue increase, largely funded by maintaining a tax on hospitals, a 2 percent surtax on capital gains and various increases to the sales
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