Connecticut’s race to the bottom in best individual income tax has stalled — ranking 47th for the third consecutive year. Only New Jersey, California and New York received worse marks, according to a recent Tax […]
Tax Foundation
A couple weeks ago, while facing questions over his wife’s investments, Gov. Ned Lamont said Anne Lamont was in Nashville, Tennessee setting up businesses there because it was easier than setting up a business here […]
During a press conference at a Stratford train station announcing his $10 billion plan to speed up the New Haven Line, Gov. Ned Lamont was asked by a reporter about the highway use tax – […]
The Finance, Revenue and Bonding Committee heard testimony Monday regarding a property tax cap bill that would cap property tax increases at 2.5 percent but allow municipalities to levy a sales or income tax to […]
Connecticut has the second largest tax burden in the United States, according to a new report by the Washington D.C.-based Tax Foundation, which measured the economic impact of taxes on residents in each state as […]
The Tax Foundation released its annual ranking of states based on their overall business tax climate and placed Connecticut 47th in the country, besting both New York and New Jersey but falling short of other […]
Connecticut homeowners pay 20 percent more in property taxes than residents of its nearest neighbors, even as home values in the Nutmeg State have declined, according to a new study released Wednesday. “As a percentage […]
More than 21 percent of Connecticut’s workforce has filed for unemployment, the second highest rate in the country, according to a new report from the Tax Foundation. The Tax Foundation based its report on figures […]
Connecticut had roughly half of the money needed to weather a recession in its unemployment trust fund before the COVID-19 pandemic hit the state, according to a report from the Tax Foundation which tracked unemployment […]
Connecticut was ranked 47th out of 50 states for its business tax climate, a drop from 44th last year, in the latest study from the Tax Foundation.
