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taxes

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.

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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. 

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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.

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The state comptroller says Connecticut is on track to close out the last fiscal year with a $70.9 million budget deficit.

This post was updated at 6:45 p.m. ET

Democratic presidential hopeful Hillary Clinton released eight years worth of tax returns Friday, showing that she and her husband Bill Clinton earned $139 million since 2007. They paid nearly $44 million in federal taxes during that period. The couple's effective federal tax rate ranged from 25 percent in 2007 to 36 percent last year.

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State sales tax will be added to the parking fees at three shoreline parks this weekend at Sherwood Island State Park, Hammonasset Beach State Park, and Rocky Neck State Park. That's thanks to a legislative change in the state budget which went into effect July 1st.

Chion Wolf / WNPR

Connecticut's tax commissioner said his agency has unearthed about $85.8 million in uncollected tax revenue. 

Charlie Smart / WNPR

Governor Dannel Malloy has taken to citing a tax study by Ernst and Young which he claims shows Connecticut has among the lowest corporate tax rates in the nation.

But the lead author of the study doesn’t agree with the governor’s interpretation, and on Monday, the Connecticut Business and Industry Association invited Andrew Phillips to explain why.

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Last week, non-profit Hartford HealthCare said they would cut the jobs of over 400 people if the state increased taxes on hospitals to what they say are unsustainable rates.

Chion Wolf / WNPR

A coalition of labor unions and social services advocates say Connecticut lawmakers should increase income taxes on the wealthy rather than impose spending cuts to cover the governor's proposed rollback of business tax increases.

Rob Dozier / WNPR

A coalition of activists and labor unions has written an open letter to General Electric, accusing the corporation of paying no taxes in the state of Connecticut, and commending the legislature for its attempt to increase business taxes in the recent budget bill.

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The state legislature left some work to do after the regular session ended, but it did change the way the car tax is applied across the state. 

Speaking on WNPR's Where We Live, panelists broke down the way the state budget would affect the tax and how complex it appears to be.

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