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 –
“Changes intended to make tax collections more stable, combined with constraints intended to promote fiscal prudence, have strayed far wide of the mark.”
Tax Foundation’s annual ranking of states based on state and local tax collection placed Connecticut second in the nation, trailing only New York, for the most money collected per resident.
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
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 ranking lower than last year - and far behind Massachusetts,
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
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 Tax Foundation purports to answer that very question. Using the
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 collectively made enough money to pay all their tax bills.
When it comes to taxes, Connecticut is just plain naughty. The state’s personal income, corporate income, sales, and property taxes are all among the highest in the nation. Additionally, to fuel a multi-decade habit of
Connecticut was ranked 43rd in the nation based on its tax structure by the Tax Foundation, an independent tax policy research organization. During a presentation on their findings, Joe Henchman, one of the three authors