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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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Larson pushes back at UTC over relocation threats

CROMWELL – U.S. Rep. John B. Larson, D-1st District, said today that the state’s congressional delegation did not appreciate United Technologies’ threat last week to relocate more manufacturing out of state. UTC’s complaints to Wall Street analysts about the cost of doing business in Connecticut came as the congressional delegation is pushing for military aircraft […]

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FOI exemption collides with municipal data needs

Correction Officer Kevin Brace doesn’t know why a convicted arsonist at the prison where he works was able to get his personal information through a Freedom of Information request that can reveal his home address, but he can’t imagine it’s a good thing. “It’s paper terrorism,” said Brace. “They can get my personal information and there is […]

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‘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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Tolls on the table again

Proposals to reinstate tolls on state roads have failed in recent years, but with Connecticut facing huge deficits, the Transportation Committee’s co-chairman says the idea is gaining momentum. “If we implement them today we are talking millions of dollars this year,” said Rep. Antonio Guerrera, D-Rocky Hill, whose committee will hear testimony on tolls today. […]

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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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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 GOP would cancel bonuses for senior state workers

Minority Republicans in the state House of Representatives called Thursday for lawmakers to cancel “longevity” bonuses due next month to 4,000 senior state employees. House Minority Leader Lawrence F. Cafero, R-Norwalk, also said Gov. M. Jodi Rell should ask unionized state employees to forfeit their longevity pay as state government grapples with a growing budget […]

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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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