Leaders insist Lamont and lawmakers must compromise on tax reform issues
Connecticut income tax
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CT seeks to spare telecommuters from double taxation as it battles neighboring states in court
CT officials are trying to shield residents with out-of-state employers from double taxation while it battles neighboring states in court.
Posted inMoney, Politics
Progressive legislators to Lamont: Tax the rich and expand support for poor and middle-class
Thirty Democrats challenged Gov. Lamont to tax the rich to help those most hurt by the pandemic.
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Labor-based coalition urges Lamont, lawmakers to tax wealthy to fund ‘people’s recovery’ from pandemic
A progressive coalition upped the pressure Monday on state officials to tax Connecticut’s wealthy to preserve vital services.
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CT’s tax receipts continue to rise despite pandemic
State income tax receipts collected since the July 15 filing deadline continue to rise, bolstering Connecticut’s rainy day fund.
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Progressives look to bring CT’s tax fairness debate to the grassroots level
The next Connecticut income tax debate is heating up — but not at the Capitol.
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Lamont pushes CT income tax filing deadline back to July 15
The move was anticipated given the decision to push the federal income tax filing deadline back to July 15.
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After one alarming tax fairness study, CT is wary of launching a second
After a 2014 study found CT’s tax system hammers the poor and middle class, officials have postponed a second analysis.
Posted inEconomic Development, Education, Energy & Environment, Justice, Money, Politics
Progressive Dems renew push for tax reform, legalized cannabis
Liberal democrats in the House of Representatives will renew their push this year for a more progressive tax system and legalized cannabis use while also pressing for new labor rules regarding worker schedules and an end to solitary confinement.
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CT Voices proposes major state tax shift to reverse inequality
A leading child advocacy group challenged state leaders Wednesday to reverse escalating income and wealth inequality and provide tax relief for poor and middle-income households by shifting tax burdens onto the state’s millionaires.
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Best of 2019: Debunking Connecticut’s enduring tax myth
There’s an oft-told tale about the income tax. And it’s completely false.
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Connecticut continues multi-pronged battle against federal tax cap
Connecticut and three other states continued their battle Tuesday against federal income tax changes that punish states which voted against Donald Trump in the 2016 presidential election.
Posted inPolitics
Debunking Connecticut’s enduring tax myth
There’s an oft-told tale about the income tax. And it’s completely false.
Posted inMoney
Analysts: State revenues holding firm, plastic bag fees are down
While the overall revenue drop could create the first deficit of Gov. Ned Lamont’s young administration, in reality, finances for this fiscal year remain more than $300 million in the black.
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Progressive Dems offer new tax hike aimed at millionaires
The state House of Representatives’ Progressive Democratic Caucus intensified its push Friday for higher income taxes on the wealthy.