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Sales Tax

Posted inMoney

CT Capitol is overflowing with ideas for how to cut the sales tax

Avatar photo by Keith M. Phaneuf February 1, 2023 @ 6:20 pmFebruary 7, 2023 @ 11:40 pm

CT lawmakers have proposed reducing the 6.35% sales tax rate while also seeking to create new exemptions or restore old ones.

Posted inMoney

Senate GOP wants to roll back sales tax rates in 2022

Avatar photo by Keith M. Phaneuf January 4, 2022 @ 11:46 amJanuary 26, 2023 @ 10:33 pm

With state government on pace for another massive surplus, Senate Republicans want a temporary rollback of sales tax rates.

Posted inHealth, Money

CT’s unflappable sales tax faces unprecedented threat from coronavirus

Avatar photo by Keith M. Phaneuf April 13, 2020 @ 5:00 amMarch 5, 2022 @ 12:26 am

Experts say the sales tax, one of Connecticut’s most stable revenue sources, could face unprecedented erosion amidst the COVID-19 pandemic.

Posted inPolitics

Senate Dems say election year shouldn’t stymie pot debate

Avatar photoAvatar photo by Keith M. Phaneuf and Jenna Carlesso January 23, 2020 @ 6:03 pmJuly 5, 2022 @ 5:52 pm

Though Connecticut legislators tend to shy away from controversial issues during re-election years, Senate Democrats insisted Thursday that legalization of recreational marijuana use still could be enacted this year if bundled with social justice components.

Posted inTransportation

Best of 2019: Lamont: Trust me. GOP lawmakers: Why should we?

Avatar photo by Keith M. Phaneuf December 31, 2019 @ 5:01 amMarch 5, 2022 @ 12:19 am

As Gov. Lamont tries to convince lawmakers that tolls will remain fixed, his history is working against him.

Posted inMoney

Connecticut’s legacy of debt weighed heavy on Lamont’s first budget

Avatar photo by Keith M. Phaneuf December 11, 2019 @ 5:00 amMarch 5, 2022 @ 12:23 am

Gov. Ned Lamont had lofty goals, but found was that fixing Connecticut’s budget meant grappling with the state’s enormous debt.

Posted inTransportation

Lamont: Trust me. GOP lawmakers: Why should we?

Avatar photo by Keith M. Phaneuf November 7, 2019 @ 6:59 pmMarch 5, 2022 @ 12:18 am

As Gov. Lamont tries to convince lawmakers that tolls will remain fixed, his history is working against him.

Posted inMoney

Lamont administration limits tax hike on prepared meals

Avatar photoAvatar photo by Keith M. Phaneuf and Mark Pazniokas September 19, 2019 @ 8:41 pmMarch 5, 2022 @ 12:15 am

The revisions essentially tell supermarkets to only collect the sales tax on items now taxable.

Posted inMoney

Three words. Big argument on what they mean.

Avatar photo by Mark Pazniokas September 18, 2019 @ 6:01 pmMarch 5, 2022 @ 12:14 am

Republicans and Democrats dug in Wednesday on whether Connecticut law clearly defines what is a meal subject to the sales tax.

Posted inMoney

Lamont: Prepared food tax hike will be narrowed in scope

Avatar photo by Keith M. Phaneuf September 17, 2019 @ 2:58 pmMarch 5, 2022 @ 12:14 am

Gov . Ned Lamont said his budget office already has begun scaling back the range of items that would be subject to the surcharge.

Posted inMoney

GOP: ‘Restaurant tax’ has exploded into broad hike on groceries

Avatar photo by Keith M. Phaneuf September 12, 2019 @ 5:51 pmMarch 5, 2022 @ 12:17 am

The extra penny will come on each dollar spent on popsicles, doughnuts and bagels, pizza slices, hot dogs, smoothies, power bars, popcorn, and even pre-packaged bags of lettuce and spinach.

Posted inMoney

Democrats propose sales tax hike to help poor communities

Avatar photo by Keith M. Phaneuf April 24, 2019 @ 7:18 pmMarch 5, 2022 @ 12:07 am

Democratic legislators continue to challenge Gov. Ned Lamont on who should bear the largest burden of balancing the next state budget.

Posted inMoney

Lamont tells CT to expect lean spending, sales tax expansion

Avatar photo by Keith M. Phaneuf February 11, 2019 @ 6:21 pmMarch 5, 2022 @ 12:04 am

Gov. Ned Lamont asked Connecticut residents Monday to brace for a lean spending plan that overhauls service delivery, restructures pension debt and broadens the sales tax.

Posted inPolitics

Ned Lamont won the election. Now comes the hard part.

Avatar photo by Mark Pazniokas February 11, 2019 @ 5:00 amMarch 5, 2022 @ 12:04 am

Gov. Ned Lamont, who took office with few political allies in Hartford, is trying to find them with gatherings at the Executive Residence. “Why not try?”

Posted inMoney

Speaker to sales tax critics: ‘Take a deep breath’

Avatar photo by Keith M. Phaneuf January 30, 2019 @ 2:44 pmMarch 5, 2022 @ 12:04 am

One day after the top Republican in the House criticized proposals to tax groceries and regionalize schools, Democratic leaders urged lawmakers to keep an open mind.

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