**Update: Gov. Ned Lamont announced Friday that the Department of Revenue Services will revise its guidance to eliminate the sales tax on items from grocery store aisles** As Gov. Ned Lamont heads into meetings with Department of Revenue Services Commissioner Scott Jackson to discuss the agency’s guidance that certain grocery ...
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 higher federal income taxes. Businesses that operated as “pass-through” entities, which allowed business income to ...
Connecticut owes more on the state credit card per resident than nearly every other state in the country, according to a new study.
Gov. Dannel Malloy’s $10 million bond for a new study on tolls sailed through rough waters during the Bond Commission meeting today, but ultimately the governor had his way.
Connecticut’s proposed family medical leave program would cover employees who wish to visit their “third cousin, once removed that had some kind of family medical issue,” according to an exchange between Representatives Christopher Davis, R-Ellington, and Jason Rojas, D-East Hartford at a Finance, Revenue and Bonding Committee meeting last week.
Connecticut’s bond commission approved $10 million in bonding to help the City of Hartford lure a professional soccer team to the city, and $5 million to upgrade the Church Street parking garage which serves the XL Center.