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Malloy plan pumps up tax receipts by more than $800 million

Gov. Dannel P. Malloy addresses the General Assembly in a joint session after announcing his budget proposal on Wednesday.

Gov. Dannel P. Malloy’s two-year budget plan raises more than $360 million in net new tax receipts over the biennium, while canceling or delaying more than $480 million in net tax cuts that he signed last term and promised to start after the election. Continue Reading →

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