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taxes

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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.

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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.

JGlazer75 / Creative Commons

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.

Ethan M. Long / Creative Commons

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. 

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