Posted inBonding and DebtState BudgetState CapitolTaxes

Increase In Sales, Income Taxes Improves Connecticut’s Budget Forecast

HARTFORD, CT — For the first time in decades the state of Connecticut saw sales and income taxes increase 5% and help wipe out part of the state’s budget deficit. The good fiscal news might make it easier for Gov. Ned Lamont to balance the budget without large tax hikes. New state revenue estimates released […]