GOP tax plan

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Tax bill eliminates health insurance mandate, but CT may impose its own

WASHINGTON – As Congress is about to vote on a tax overhaul that will gut the Affordable Care Act’s mandate that most Americans have health insurance, a number of states, including Connecticut, may consider a state-based penalty to encourage people to obtain coverage. Continue Reading →

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GOP tax plan would touch most CT taxpayers, creating winners and losers

WASHINGTON – House GOP leaders unveiled a sweeping overhaul of the U.S. tax code Thursday, eliminating some popular tax breaks while lowering the tax rate for many Americans. Billed as a boon to the middle class by its supporters, the tax overhaul was panned by Democrats — including lawmakers from Connecticut –and some Republicans concerned about its elimination of of the popular deductions for state and local income taxes.  Continue Reading →

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