Income Tax

Connecticut Gov. Ned Lamont and state lawmakers reached a deal on the state’s $55 billion two-year budget by agreeing to scrap a child tax credit for the middle class.

Connecticut’s latest consensus revenue forecast projects the state will end its fiscal year with a $256 million surplus.

U.S. Rep. Rosa DeLauro (D-CT) urged Connecticut residents to take advantage of free programs this tax filing season.

Though CT recently eased tax burdens on the poor and middle class, it ranks behind 29 other states in a key fairness metric, the ITEP found.

More than a million Connecticut tax filers can expect a reduction in their state income tax rates in the new year. The largest income tax reduction was approved by Gov. Ned Lamont and lawmakers in the state budget.

Connecticut Governor Ned Lamont has been officially sworn-in to his second term in office. He has promised a middle-class tax cut.

Connecticut Voices for Children wants the state government to fund a child tax credit to work toward fixing racial, ethnic and class tax inequality.

Senator Cathy Osten, D-Sprague, is leading a push to reform state income taxes on retirement earnings when the Connecticut General Assembly convenes.

Republican candidates for governor of Connecticut are pushing proposals to eliminate or scale back the state’s income tax.Danbury Mayor Mark Boughton…