The opposing sides in the state tax debate each tried to grab center stage Monday as Gov. Dannel P. Malloy and Democratic legislative leaders kicked off what many expect to be their most contentious round of budget negotiations yet. Continue Reading →
Now that Gov. Dannel P. Malloy’s campaign pledge not to raise taxes is in the political rearview mirror, the Democratic governor’s political base is seeking to widen the tax debate in hopes of averting some painful spending cuts. Higher income-tax rates on the wealthy, restoration of the capital gains levy, an extra $1.50 per pack on cigarettes and expanding sales taxes on business are among the ideas circulating at the Capitol.
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