The partisan debate over Connecticut’s credit card intensified Thursday as Gov. Dannel P. Malloy boosted state government’s self-imposed borrowing limit by $200 million.
Sen. L. Scott Frantz
Posted inMoney, Politics
Estate tax measure may preview 2017 state tax debate
The arguments surrounding a bill to eliminate Connecticut’s estate tax — a bill not expected to advance this year – might offer a preview of the battle some anticipate next year over the fairness of the state’s tax system.
Posted inPolitics
VIDEO: Watch The Mirror’s ‘Policy Pairings’ Discussions
Connecticut homegrown breweries served as the backdrops for discussion of pressing state issues as part of The Connecticut Mirror’s first “Policy Pairings” series. Watch the panel discussions in their entirety.
Posted inMoney, Politics
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.
Posted inEvents
Mirror announces ‘Policy Pairings Series’ — Four Issues, Four Breweries
Four Connecticut homegrown breweries will serve as the backdrops for discussion of pressing state issues as The Connecticut Mirror launches its first “Policy Pairings Series.” Two events are scheduled for April and two for May at locations across the state. Tickets are available starting today at ctmirrorpairings.org.
Posted inMoney, Politics
Are CT cities and towns no longer immune from state budget axe?
Gov. Dannel P. Malloy spared cities and towns from the state budget axe as he grappled with deficits for much of the past four years. But with sales tax receipts promised long ago to municipalities still lying in the state’s coffers, GOP legislative leaders are worried the Democratic governor’s days of sparing local taxpayers are over.
Posted inMoney, Politics
Most states faced plunging income tax receipts this April
Gov. Dannel P. Malloy took a political blow this April when plunging income tax receipts nixed his plans for an election-year rebate. But according to a new report from a nationally recognized public-policy, think-tank, Connecticut officials had lots of company nationally dealing with tax deadline chaos.
Posted inCT Viewpoints
Op-ed: Sen. Frantz: A cycle of bad policy
Time is running out for Connecticut — our fiscal health and economic future are in jeopardy.