Sen. John Fonfara

Recent Posts

Bankruptcy for Hartford may hinge on CT tax debate

Though the extra funds Hartford needs to avert bankruptcy next fiscal year equal a tiny fraction of the next state budget, the city’s fate may hinge on whether state officials raise enough taxes to avoid deep cuts in aid to most other cities and towns. Continue Reading →

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Sales tax may take center stage in state budget debate

Leaders of the legislature’s tax-writing panel have made it no secret they hope to minimize new taxes on Connecticut corporations this year as politicians and business leaders alike hope for the economy’s best year since the Great Recession ended. But one key alternative the Finance, Revenue and Bonding Committee is expected to recommend this week involves a major overhaul of Connecticut’s sales tax – a move the state’s chief business lobby warns could damage the economy worse if handled improperly. Continue Reading →

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