In The News

Lawmakers Want Connecticut To Adopt A More Equitable Tax Code

February 29, 2024 • Fiscal & Economics

by Hudson KamphausenFebruary 29, 2024, 5:00 am A breakdown of tax year 2020 total taxes by income deciles. Credit: Screengrab / Connecticut Department of Revenue Services HARTFORD, CT – Connecticut needs a more equitable tax code and to depend less on property taxes, state lawmakers said at a n...

Authors: Hudson Kamphausen •  Source: CT News Junkie • View

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Report: CT income tax cuts would slow – not reverse – tax inequity

February 26, 2024 • Fiscal & Economics

Poor households still face effective state and municipal tax rate of 32% The largest state income tax cut in Connecticut history and other recent relief ordered by Gov. Ned Lamont and the legislature isn’t enough to stop tax burdens on the poorest households from growing significantly, according t...

Authors: Keith M. Phaneuf •  Source: CT Mirror • View

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Low income paying proportionately more than their fair share of CT taxes, study shows

February 20, 2024 • Fiscal & Economics

Connecticut’s lower-income families continue to pay more than their fair share of taxes as a proportion of total earnings, with property taxes the main driver, a recent state study shows. The inequity comes even as some cities and towns have lowered their base mill rates to help families w...

Authors: Alexander Soule •  Source: CT Post • View

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New CT law on kindergarten age cutoff causing confusion

February 18, 2024 • Education & Employment

School districts have different rules for waivers Moriah Lopez has a son who turned 4 in December, which previously would have meant that he would be eligible for kindergarten this fall. New legislation passed in 2023, however, now requires that kindergarten students be 5 years old by Sept. 1, ins...

Authors: Jessika Harkay •  Source: CT Mirror • View

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Pandemic put tax burden on CT’s poorest, report shows

February 16, 2024 • Fiscal & Economics

Lowest-earning households effectively paid five times the tax rate of state’s top earners Connecticut’s already regressive tax system swung even more sharply onto the backs of its poorest residents during the coronavirus pandemic’s first year, according to a new fairness study from Gov. Ned La...

Authors: Keith M. Phaneuf •  Source: CT Mirror • View

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CT Voices for Children report calls for permanent state child tax credit 

February 16, 2024 • Fiscal & Economics

The advocacy group published a report last month recommending the Connecticut legislature enact a permanent statewide child tax credit in 2024. Connecticut is one of the only states with a personal income tax and no child tax credit or equivalent. Building on a temporary state child tax credit tha...

Authors: Zachary Suri •  Source: Yale Daily News • View

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Lamont pushes additional $43 million education funding to state legislature

Gov. Ned Lamont urged the state legislature to increase early childhood education services by $43 million at the General Assembly in Hartford, Wednesday morning. The proposed increase would top the already approved $45 million designated for providing services like day care and education readiness. ...

Authors: Terell Wright •  Source: CT Public • View

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Lamont’s CT budget plan falls short of social service providers’ requests

The proposal includes modest investments in early child care, mental health care, homelessness outreach and staffing at prisons Gov. Ned Lamont’s proposed budget for the upcoming fiscal year invests in early childhood development, mental health care, outreach to the homeless and prison staffing. B...

Authors: Ginny Monk; Jaden Edison; Keith M. Phaneuf; Luke Feeney •  Source: CT Mirror • View

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Expanded Child Tax Credit to pull more CT families out of poverty

February 7, 2024 • Fiscal & Economics

Play In Congress, the second expansion of the Child Tax Credit is expected to provide some Connecticut families with much-needed help and one local organization hopes it’s only a first step. The Center on Budget Policy and Priorities reported the new tax credit would benefit 16-million low-...

Authors: Edwin J. Viera •  Source: PNS • View

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