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.
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Posted inMoney
IRS blocks Connecticut plan to bypass SALT tax deduction cap
WASHINGTON – The U.S. Treasury Department on Thursday issued new rules aimed at preventing taxpayers in Connecticut and other high-income and high-cost states from avoiding a new cap on the deductibility of their state and local taxes.
Posted inMoney, Politics
Senate tax bill would have big impact on CT homeowners, small businesses
WASHINGTON – The Senate decided to go its own way in overhauling the nation’s tax code, and it’s plan would have a different impact on Connecticut taxpayers than a similar House bill. One big change is that Connecticut homeowners would no longer be able to deduct their property taxes on their federal returns.
Posted inEnergy & Environment
Snow plus salt equals Connecticut controversy
The salt treatments used in Connecticut to get snow and ice off the roads are spurring debate over what they may or may not be doing to vehicles and the environment. But everyone agrees they do a good job clearing the roads.
Posted inEnergy & Environment
Even if permitted, fracking waste unlikely to come to CT
Even with the likelihood that legislation to allow regulation and treatment of fracking waste in Connecticut will pass, the chance of such waste coming to Connecticut is roughly zero.
Posted inPolitics
Snow, salt and just a dash of politics
One of the many consequences of Connecticut getting hit with 12 winter storms is that Gov. Dannel P. Malloy held a 20-minute press conference Friday on the cost, availability and general utility of Bahamian and Chilean rock salt.