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Top News In செனட் ப்ரெஸிடெஂட் ப்ரொ டெம் மார்டின் Today - Breaking & Trending Today

Big dollars hang in the balance as CT finance panel rushes to finish work

By Keith M. Phaneuf, CT Mirror
Gov. Ned Lamont kicked off this year’s state budget debate by urging lawmakers to avoid broad-based tax hikes as Connecticut’s economy crawls out of the coronavirus pandemic.
At the same time, though, many of Lamont’s fellow Democrats noted that COVID-19 has battered households as well, and given the state’s long-term fiscal challenges it might not be possible to provide relief for some without taxing others more.
But as the legislature’s tax-writing panel wraps its work this week, a wide range of proposals still hang in the balance.
The Finance, Revenue and Bonding Committee must by Thursday decide the fate of proposed tax hikes on digital media ads and health insurance carriers, along with a statewide property tax aimed at high-value homes. ....

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There's a plan to get rid of property tax on cars. But how would towns make up the difference?

There's a plan to get rid of property tax on cars. But how would towns make up the difference?
ctpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ctpost.com Daily Mail and Mail on Sunday newspapers.

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There's a plan to get rid of property tax on cars. But how would towns make up the difference?

For more than a decade, state officials have flirted with removing the property tax on motor vehicles.
Sen. John Fonfara of Hartford and other Democrats have a plan to make the levy go away it just doesn’t necessarily involve a tax cut for everyone.
Rather, it’s part of a larger plan to redistribute property tax burdens, generally providing more relief to low- and middle-income households and asking more from each community’s wealthiest taxpayers.
The goal, Fonfara said, is to chip away at “this gross inequity, this incredibly regressive burden [placed] on the least able in our communities.” ....

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There's a plan to get rid of property tax on cars. But how would towns make up the difference?

There's a plan to get rid of property tax on cars. But how would towns make up the difference?
ctmirror.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ctmirror.org Daily Mail and Mail on Sunday newspapers.

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Connecticut Politics Week in Review: Legal marijuana bill in jeopardy over equity concerns

Connecticut Politics Week in Review: Legal marijuana bill in jeopardy over equity concerns
courant.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courant.com Daily Mail and Mail on Sunday newspapers.

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