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Posted inNews

‘Amazon laws:’ Connecticut joins the difficult fight for online sales tax revenue

A 2008 New York law that has sparked a growing feud between states and online sales giants such as Amazon.com is being considered by Connecticut’s legislature as officials scramble for new dollars to close growing budget deficits. But while taxing Internet sales could be worth hundreds of millions of dollars, efforts by other states to […]

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Tax chief wary of ‘Amazon Law’

Add the state’s tax chief to the growing list of officials uncertain about how Connecticut should pursue hundreds of millions of dollars in uncollected sales taxes tied to Internet transactions. Department of Revenue Services Commission Richard Nicholson testified on several tax-related bills today before the legislature’s Finance, Revenue and Bonding Committee, but said nothing regarding […]

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Rell budget chief: It’s time for cities and towns to crack open their piggy banks

State government has emptied its savings to reduce the budget deficit, and Gov. M. Jodi Rell’s budget chief said this week it’s time for cities and towns to do the same. But municipal officials said their budget reserves already have been reduced to compensate for shrinking state aid. More importantly, they added, communities can’t exhaust […]

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House Republicans want to cancel longevity bonuses for state workers

Minority Republicans in the state House of Representatives called Thursday for the cancellation of tens of millions of dollars in bonuses due next month to senior state employees. House Minority Leader Lawrence F. Cafero, R-Norwalk, said the legislature and Gov. M. Jodi Rell should immediately repeal the law giving longevity bonuses to employees with 10 […]

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Rise in million-plus incomes will shape future tax debate

Despite losses as the recession set in, Connecticut’s wealthiest households came through 2008 with a six-year record of income growth more than five times greater than that of the average taxpayer. Buoyed by a five-year stretch during which their collected adjusted gross income shot upward by more than 230 percent–a growth spike unmatched in the […]

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Bills would restrict employee background checks

With nearly 170,000 Connecticut residents struggling to find employment, a state legislative panel has endorsed new restrictions on when businesses can research individuals’ credit and criminal backgrounds. “Nearly half of the employers in this country go into workers’ credit history during the hiring process,” said Rep. Matthew Lesser, D-Middletown, co-sponsor of the bill restricting credit background checks. […]

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Moderate Democrats urge leaders to close budget deficit without more borrowing

An appeal from moderate Democrats for decisive leadership to close the state budget deficit left some lawmakers questioning Tuesday whether a rift has opened within the General Assembly’s majority party. A coalition of four senators and 11 representatives sent a letter to party leadership urging immediate action to close the $518.4 million deficit for 2009-10 […]

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Lawmakers want warning on college tuition hikes

State legislators want to know about tuition changes at public colleges and universities before they are approved, but higher education officials warned Thursday that could create a political and procedural nightmare. “Be very careful, because you’re walking on ground that could become quicksand,” Chancellor David G. Carter of the Connecticut State University system said. Officials […]

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Hospitals leery of Rell tax proposal

Connecticut’s hospitals are wary of Gov. M. Jodi Rell’s plan to reinstate a 10-year-old tax on revenues, rejecting the administration’s claim that overall payments to the industry would remain constant, although individual hospitals would experience gains or losses. An official with the Connecticut Hospital Association also said that numerous spending cuts also proposed in the […]