taxes

Chion Wolf / WNPR

It's been 25 years since the state of Connecticut began to levy an income tax. Facing a huge deficit and a partial government shutdown, the legislature agreed in special session to institute the controversial measure on August 21, 1991. Governor Lowell Weicker signed it into law the next day. 

Steven Depolo / Creative Commons

The state may be chronically short of cash, but some traditions still persist. Tax-free shopping week is one of them; the tax break begins Sunday. 

alancleaver_2000 / Creative Commons

Twenty-five years after it was first levied, what has the income tax done for Connecticut? This hour, we take a deeper look at this controversial tax -- including its impact on our state's economic and fiscal well-being.

A court in Spain has sentenced Lionel Messi, widely hailed as one of the best soccer players alive, to 21 months in jail for tax fraud. Messi 's father, Jorge Horacio Messi, received the same sentence, over not paying some 4 million euros in taxes.

Lauren Wellicome, Creative Commons

Airbnb, the home rental site, is the latest e-commerce company to succumb to Connecticut's campaign to bring its tax structure into the 21st century.

Rufusnunus / Creative Commons

Corporate tax incentives are becoming ever more controversial in Connecticut. Government watchdogs said Governor Dannel Malloy can take some heat out of the debate by signing a bill that would give greater legislative oversight.

Chion Wolf / WNPR

The state’s largest business organization seems to have angered legislative Republicans with its support of the proposed budget. 

Lori Mack / WNPR

A controversial bill that would have taxed Yale’s $25 billion endowment failed earlier this year. Now, Yale officials are speaking out against a proposed bill that could potentially increase taxes the university pays on some of its properties. 

Ryan Caron King / WNPR

Tax liens might not sound like the "sexiest" topic. But for some property owners, they can mean the difference between keeping or losing a home.

This hour, we take a look at how these liens -- and, more specifically, the sales of these liens -- are affecting some of Connecticut’s most financially vulnerable residents. It’s the latest in our ongoing series with WNPR contributor Susan Campbell. 

Daniel Orth / Creative Commons

Some residents say a Bloomfield attorney should have recused himself from offering the town legal advice on a tax abatement for a water bottling plant because he works for the water authority.

Harriet Jones / WNPR

United Technologies Aerospace Systems has opened a new worldwide research lab in Windsor Locks, the first part of a multi-million-dollar investment spurred by a state tax credit deal. 

Ryan Caron King / WNPR

Say you’re a cash-strapped city, and scattered around town are houses where owners are behind on their property taxes.

David Shankbone / Creative Commons

Connecticut lawmakers are getting public input on several possible changes to state liquor laws.

U.S. Senator Chris Murphy of Connecticut said he’ll propose a bill that would pay to remove lead from homes and businesses.

Murphy says a tax credit would lower the chances of lead poisoning in Connecticut. In the northeast, lead was commonly used in for paint and pipes in houses built before 1950. The Connecticut Department of Public Health says about 15 percent of buildings in the state might still have lead in their paint or pipes.

Jeff Cohen / WNPR

A week after announcing a three-way deal to pay for $10 million in construction overruns at Hartford's new minor league baseball stadium, Hartford Mayor Luke Bronin held a town hall meeting with residents to talk about it. 

CT Senate Democrats / Creative Commons

Questions continue to swirl around a car crash involving a state senator. Andrew Maynard, a Democrat from Stonington, was already recovering from a fall at his home in 2014 that left some questioning his ability to serve before the most recent incident. 

Jake Gagne / Creative Commons

Congestion tolling, a higher sales tax, and increasing the state gas tax to the 1990s rate of 39 cents per gallon are among the ideas being recommended to help fund Connecticut Governor Dannel Malloy's proposed $100 billion transportation overhaul.

Ryan Caron King / WNPR

Governor Dannel Malloy has touted the state’s economic achievements in 2015, saying robust job growth and an overall rise in wages has put Connecticut in a stronger position.

Harriet Jones / WNPR

Businesses are heaving a sigh of relief after the IRS relaxed new paperwork rules around the Affordable Care Act. But one expert is warning that the change may make life more difficult for employees.

Harriet Jones / WNPR

General Electric is going to make us wait a little longer. The conglomerate had promised a decision on its potential headquarters move by the end of this year, but recently said it won’t announce until January.

George Ruiz / Creative Commons

Connecticut's hospitals are threatening to take the state to court over a hefty tax that amounts to hundreds of millions of dollars this year alone, and it's part of an ongoing  tension between the hospitals and Democratic Governor Dannel Malloy.

Nick Richards flickr.com/photos/nedrichards/38534028 / Creative Commons

Connecticut's largest business organization is launching a radio ad campaign, urging state lawmakers and Governor Dannel Malloy to find substantial, long-term solutions to the state's budget woes.

Photo by Chion Wolf

Pfizer's proposed merger with Allergan, which will take the pharmaceutical giant's tax domicile overseas, has provoked a new round of angst about corporate defections.

Ryan Caron King / WNPR

In the middle of bipartisan negotiations with state lawmakers over a gap in the current year budget, Governor Dannel Malloy's administration unveiled a new series of measures aimed at making the state budget more sustainable in the long run. But the problem and the fix are so complicated that he called it "a little mind-bending" in a meeting with reporters.

A new study shows people exited New York in droves in 2013, and while there is disagreement as to why they left,  another report suggests taxes could be playing a significant role.

The plan for a new stadium for the Pawtucket Red Sox in Providence has hit a roadblock. RIPR political analyst Scott MacKay parses how this field of dreams turned into a nightmare.

One Connecticut lawmaker is calling for a special session to repeal a new tax on corporations which he says is forcing General Electric out of the state. 

Chion Wolf / WNPR

Governor Dannel Malloy says he last visited with General Electric two weeks ago, as the conglomerate prepares to make a decision about relocation. The governor spoke for the first time about the possibility that GE might leave.

James Williams / Creative Commons

The owner of the Mystic Pizza restaurant made famous in a 1988 film was sentenced to prison for tax evasion and concealing hundreds of thousands of dollars in income. 

Steven Depolo / Creative Commons

Connecticut’s annual sales tax-free shopping week begins on Sunday, but some shoppers might need to plan their purchases carefully to qualify. Only clothing and footwear items under $100 are eligible for tax-free purchase this year; in previous years, items could be up to $300.

Pages