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taxes

Connecticut GOP Leaders Slam Democrats' State Budget

Jun 4, 2015
CT-N

The Connecticut Republican leadership recapped the 2015 legislative session at the State Capitol on Thursday. House Republican Leader Themis Klarides urged the governor to veto the budget if it wasn't the plan he wanted.

Gov. Malloy Praises "Historic" Legislative Session

Jun 4, 2015
CT-N

Governor Dannel Malloy touted accomplishments related to property tax reform and investments in transportation during a press conference on Thursday at the State Capitol, while reporters questioned him repeatedly on his earlier promise not to raise taxes. 

State Senate Democrats Tout Budget Plan as Visionary

Jun 4, 2015
CT-N

State Senate Democrats are recapping the 2015 legislative session during a press conference in Senate President Martin Looney's office.

alancleaver_2000 / Creative Commons

The new tax obligations Connecticut wants to impose on its corporations are a growing trend around the nation. And some advocates say it’s a movement that’s long overdue.

Lockley / Creative Commons

General Electric has called the tentative Connecticut budget deal reached over the weekend "discouraging," and says it’s considering whether to remain located in the state. The corporation is concerned about new taxes.

Adavyd / Creative Commons

Small businesses owners descended on the Capitol to protest proposals for tax hikes in the Democrats’ draft budget. At a public hearing organized by Republican lawmakers, companies provided seven hours of testimony on the budget bill, which would extend sales tax to a new range of services. 

DoNo Hartford LLC

There's a new legislative proposal to get state money to the city of Hartford for its baseball stadium development project.

Ken Teegardin/SeniorLiving.Org / Creative Commons

Connecticut should act to close loopholes that allow big corporations to pay less tax. That’s the recommendation of pressure group ConnPIRG, which says small businesses in the state pay thousands of dollars extra each year to make up for corporate tax avoidance. 

City of Hartford

There's a public hearing Monday on a plan that would use money generated by a state tax to help pay off the debt for the new minor league baseball stadium in Hartford. But the governor doesn't know much about it, and the state senate Republican leader is opposed to the plan.

DoNo Hartford LLC

The city of Hartford wants state tax dollars to help pay back the loans on its new $60 million minor league baseball stadium built for the team that's now in New Britain, and there's a measure at the capitol to get it done. But not everyone is convinced it's a good idea. 

Sorin Popa/iStock / Thinkstock

The state has eliminated its sales tax on certain non-prescription medicines. The change will eliminate taxes on over-the-counter items like antacids, cough syrup, and pain medication. It also gets rid of the sales tax on dietary supplements and vitamins.

Ken Teegardin/SeniorLiving.Org / Creative Commons

There's a potential financial windfall waiting for thousands of Connecticut taxpayers. 

U.S. Sen. Richard Blumenthal said Friday that he's learned there is $13.4 million worth of unclaimed tax refunds from 2011 owed to Connecticut taxpayers. 

Health and Wellbeing / Creative Commons

Nobel prize winning economist Robert Shiller says the Fed has a very tricky job when it begins to signal a rise in interest rates. Shiller, who teaches at Yale, told WNPR’s Where We Live that there’s no historical precedent for the lengthy period of low interest rates that we’re living through. 

Chion Wolf / WNPR

Already facing shortfalls in the budget he presented last month, Governor Dannel Malloy said Wednesday that it’s now in the hands of state lawmakers.

“The law is very clear, the budget I have to present is balanced, and it is balanced. We’ve met our legal requirement,” Malloy said, speaking on WNPR’s Where We Live.

Access Health CT

When people without health insurance get around to filing their taxes this year, they may find that they have to pay a penalty. State officials are working on a fix. 

The Affordable Care Act mandates that everyone have insurance or face a fine. Last year was the first year the penalty applied, but some people may not know they owe it until they prepare their 2014 taxes -- and it's already too late to sign up for health insurance for 2015.

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