Proposal would give CT poor, middle class families largest tax break in years

Back • Publication Date: January 19, 2021 • Fiscal & Economics

Low- and middle-income families with children would receive their largest state income tax break in nearly a decade under a new proposal to be unveiled Tuesday by the new co-chairman of the legislature’s tax-writing panel.

The new child tax credit proposed by Rep. Sean Scanlon, D-Guilford, would pump between $150 and $450 into households earning about $203,000 or less during its first year, depending on the number of children each family has…. [Read the entire article by clicking the link.]

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