hospital tax

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Sharkey, Malloy clash over UConn deal, hospital cuts

House Speaker Brendan Sharkey, foreground, and House Majority Leader Joe Aresimowicz.

House Speaker J. Brendan Sharkey, D-Hamden, and the administration of Gov. Dannel P. Malloy engaged in an extraordinary exchange of criticism Friday over two fiscal controversies, ratcheting up intra-party tensions over how to resolve a worsening budget shortfall. Continue Reading →

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Popular proposal for tax reform: Roll back recent increases

Carl Schiessl, director of regulatory advocacy for the Connecticut Hospital Association, addresses the State Tax Panel Wednesday.

A public hearing on how to reform Connecticut’s tax system evolved Wednesday — at least in part — into a critique of the $1.3 billion tax hike built into the two-year state budget legislators and Gov. Dannel P. Malloy approved earlier this summer. Continue Reading →

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Defying Malloy, legislators pitch a $1.8 billion revenue increase

Rep. Russ A. Morin, D-Wethersfield, and Sen. L. Scott Frantz, R-Greenwich, members of the Finance, Revenue and Bonding Committee, debate tax proposals put forward by Democrats Wednesday.

A key legislative panel broke Wednesday with Gov. Dannel P. Malloy by recommending a plan that bolsters state tax and fee receipts by more than $1.8 billion over the next two fiscal years, including more than $540 million in new income taxes on the wealthy and an overhaul of the sales tax. Continue Reading →

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