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
Tax Foundation
Tax Foundation’s annual ranking of states based on state and local income tax collection placed Connecticut second in the nation, trailing only New York, for the most money collected per resident. Connecticut collected $2,279 per
Connecticut has the second highest tax burden in the nation, according to a new report by 24/7 Wall Street, which used data from the Tax Foundation. Connecticut ranked behind New Jersey, but ahead of New
[et_pb_section admin_label="section"][et_pb_row admin_label="row"][et_pb_column type="4_4"][et_pb_text admin_label="Text" background_layout="light" text_orientation="left" use_border_color="off" border_color="#ffffff" border_style="solid"] Connecticut slid backwards in the Tax Foundation’s annual ranking of states based on their business tax climate. Connecticut ranked 44th in the nation - one
In 2017, facing a $220 million out-year budget deficit, Gov. Dannel Malloy proposed a one-dollar per month surcharge for cellphone use, which quickly raised eyebrows throughout the state. The cellphone surcharge would be in addition
[et_pb_section admin_label="section"][et_pb_row admin_label="row"][et_pb_column type="4_4"][et_pb_text admin_label="Text" background_layout="light" text_orientation="left" use_border_color="off" border_color="#ffffff" border_style="solid"] Everyone knows that living in Connecticut is expensive, but how far will $100 get you in the Nutmeg State? A state-by-state study conducted by the
[et_pb_section admin_label="section"][et_pb_row admin_label="row"][et_pb_column type="4_4"][et_pb_text admin_label="Text" background_layout="light" text_orientation="left" use_border_color="off" border_color="#ffffff" border_style="solid"] Connecticut remains dead last in the nation for the Tax Foundation’s annual Tax Freedom Day report, which calculates when the residents of each state have
This time of year, children are told that Santa Claus is making a list and checking it twice to find out who has been naughty or nice. However, Santa isn’t the only one who makes
Connecticut was ranked 43rd in the nation based on its tax structure by the Tax Foundation, an independent tax policy research organization. The 2017 State Business Tax Climate Index showed different rankings for corporate, property,
Connecticut in Bottom 10 For Business Tax Climate Other states, like New York, enacting significant tax reform EAST HARTFORD – While other states are starting to initiate significant tax reform, Connecticut still has not done