Of the $125 million that CT legislators set aside for the child tax credit, about $92.5 million has been claimed.
Sean Scanlon
Posted inMoney
Only half of eligible households have claimed CT’s $250-per-child tax rebate
The child tax rebate is available to single parents who earned $100,000 or less and to couples who make $200,000 or less.
Posted inMoney
Lawmakers move closer to new tax break for families with kids
The bill would create a new $600-per-child credit for low and middle income families.
Posted inPolitics
Sean Scanlon announces for comptroller
Sean Scanlon’s announcement is another step toward setting the Democratic and Republican lineups ahead of next month’s conventions.
Posted inNews
Report: Thousands of Connecticut children would slide into poverty if enhanced federal tax break expires
About 600,000 Connecticut children, and the state’s economy, would be affected if Congress fails to renew key pandemic relief.
Posted inMoney
Talk of tax relief grows as the state’s revenues surge again
Surging sales tax receipts are swelling Connecticut’s already robust coffers by another $800 million, sparking new talk of tax cuts.
Posted inMoney
Scanlon forces Lamont to keep focused on tax fairness, relief for middle class
The new state budget mandates Connecticut’s first tax fairness study in seven years.
Posted inMoney
Reform advocates make final push for relief for CT’s poor and middle class
One legislator has pitched a number of options to salvage tax cuts to the working poor and families with children.
Posted inEconomic Development
Tweed New Haven airport announces $70 million expansion
The $70 million privately funded expansion will include a new four-gate, 74,000 square-foot terminal and daily service from a new airline.
Posted inMoney
CT finance panel approves tax cuts for poor and middle class, restaurant bailout
The plan includes one of the largest tax breaks in state history for working class families.
Posted inMoney
Is regionalization the key to capping property tax hikes? This state representative thinks so
Could state incentive payments get towns to regionalize services and support a cap on property taxes?
Posted inMoney
House Democrats temper child tax credit to make relief program sustainable
House Democrats tempered their income tax relief plan for households with children to ensure the program continues year after year.
Posted inMoney
Finance panel eyes cap on property tax hikes, gears up for another battle over CT’s credit card
Lawmakers raised bills to cap property tax hikes, and potentially battle Gov. Ned Lamont for control of Connecticut’s borrowing.
Posted inMoney
State Rep. Scanlon launches tax fairness debate with proposed $450M break for poor, middle class families
A new proposal Tuesday would give middle class families with children their largest state income tax break in a decade.
Posted inNews
Consensus building for COVID aid to restaurants
With restaurants desperate for help, Gov. Ned Lamont is promising at least another $25 million. House Republicans want $50 million.