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 ...
Gov. Ned Lamont proposed instituting a tax on sugar-sweetened beverages in an effort to close Connecticut’s $3.5 billion budget deficit. This isn’t the first time the so-called “soda tax” has come to Connecticut – it came up for a public hearing in 2017 — but Lamont’s proposal is bigger and ...
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 ...
Following a move that proved disastrous for independent grocers in Philadelphia, some Connecticut lawmakers and organizations are looking to institute a 1 cent per ounce tax on all sweetened beverages including soda and sports drinks like Gatorade.