Connecticut's budget + economy, explained

Get CT Mirror emails in your inbox daily.

Processing…
Success! You're on the list.
Posted inMoney, Politics

Panel will consider plan to boost CT income taxes on the wealthy

The legislature’s tax-writing panel Wednesday will consider recommending an increase in income taxes on Connecticut’s wealthiest households, retroactive to Jan. 1, to help close the large deficit in the next budget, according to sources. The Democrat-controlled Finance, Revenue and Bonding Committee also will consider significantly extending the sales tax to new goods and services as part of a plan to overhaul non-education municipal aid and limit local car taxes.

Posted inMoney

Mary Finnegan: Three decades as CT fiscal linchpin coming to an end

She might be the most important person in state government that you’ve never heard of. The caretaker of thousands of bills for the legislature’s finance committee, arguably the assembly’s most powerful. The possessor of a deep passion for her Irish heritage and the Boston Red Sox. Mary Finnegan announced last week it was all coming to an end – except for her love of all things Irish and the Sox.