Barring another extension of Gov. Ned Lamont’s executive order, Connecticut’s 10 cent tax on single-use plastic grocery bags will return on Wednesday, July 1. Lamont initially suspended the plastic bag tax until May 15 in response to concerns that reusable shopping bags might put grocery store workers at risk of ...
**UPDATE: Gov. Lamont issued an executive order at approximately 8:30 p.m. on May 13 extending the suspension of the plastic bag tax until June 30. Executive Order 7NN can be viewed here. Yankee’s original article pointing out the tax would begin again on May 15 was published at noon on ...
As states New York and Maine are pulling back on single-use plastic grocery bag bans in the wake of the COVID-19 outbreak, Connecticut may have missed an opportunity to not only have environmentally safe single-use grocery bags, but also bring more business and jobs to the state. New York’s Gov. ...
It is a genuine law of economics, because it is a central law of human nature: if you tax something, you get less of it. A necessary corollary: most taxes bring in less revenue than predicted because people modify their behavior to avoid the tax. Connecticut’s elected officials have been ...
How big were the tax hikes in Governor Ned Lamont’s budget proposal? If you include all of the proposed increases over the next few years, and account for a few tax breaks, the total comes to $2.4 billion per year. How did we get to that number, and why is ...
The steady drip of information and budget ideas from the governor’s office over the past two weeks finally culminated with Gov. Ned Lamont’s first budget proposal, which will be sure to please practically no one. The governor’s plan calls for an expansion of the state sales tax, shifting a portion ...