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Malloy, Fasano heat up transportation debate
Gov. Dannel P. Malloy and the state Senate’s top Republican intensified their debate Tuesday over an issue expected to be the focal point in Malloy’s final budget proposal: transportation.
Malloy will have a plan to smooth spiking teacher pension costs
Gov. Dannel P. Malloy’s administration is developing a proposal to restructure a second spiking pension expense threatening state finances, according to his deputy budget director. But administration officials did not say whether the plan to manage surging costs tied to the teachers’ pension would be released Feb. 7 — when the governor’s final budget proposal is due — or later in the 2018 General Assembly session, which runs through May 9.
CT, NY and NJ to Sue Feds Over GOP's Tax Overhaul Plan
Connecticut, New Jersey and New York are planning to sue the federal government over the Republican-led federal tax overhaul. Democratic governors Andrew Cuomo, of New York, Dannel Malloy, of Connecticut and Phil Murphy, of New Jersey, announced during a conference call today that they will team up to take the Trump administration to court over the federal tax plan that's expected to cost taxpayers in their states billions of dollars.
Governors Malloy, Murphy, and Cuomo Launch Coalition to Sue the Federal Government Over Federal Tax Bill
Elimination of Full State and Local Deductibility Unfairly Targets Connecticut, New Jersey, and New York
Federal government shuts down, CT to feel aftershock
Connecticut residents will still get their mail and Social Security checks, but the shutdown of the federal government will reverberate through state agencies – especially those that are most reliant on federal grants and federal workers — and many in the state would eventually feel an impact.
CT Post: State tax reform debate starting to take shape
As he delivered a bird’s-eye view of the Connecticut fiscal crisis this week, James Loree, the Stanley Black & Decker CEO, talked a lot about state tax reform. We’re all going to hear a lot more — and argue a lot more — about that topic in 2018, and not only as part of the governor’s race. The state can’t work its way out of this permanent fiscal crisis without resetting the way it collects revenue.
CTCPA Member Robert Lally Wrote "Connecticut: Not So Bad for Business, Companies Doing Well" for the Hartford Courant
Bashing Connecticut is becoming a national sport. Media report after report bemoans our bad business climate, high tax rates, bloated government, lines at the motor vehicle department — the list is long.
Pressing question for CT: A state tax break for private school tuition?
The federal tax overhaul may have triggered an automatic state tax break that would allow parents to avoid paying state taxes on some of the money they put aside to send their children to private K-12 schools.
CT News Junkie: Connecticut’s Budget Is Still In The Red After Latest Revenue Estimates
Not counting the one-time windfall the state appears to have received from changes to the federal tax law, Connecticut’s revenues are still in the red by $260.1 million this fiscal year and $282.8 million in the next fiscal year.
IRS Says Tax Relief is Available for People With Crumbling Foundations: Lawmakers
Tax relief is available for some homeowners with crumbling foundations, according to U.S. Representatives Joe Courtney and John Larson. After 19 months of negotiating, Congressmen John Larson and Joe Courtney secured federal tax relief from the IRS. Then lawmakers reached out to the Internal Revenue Service about the impact tax reform legislation would have on the potential tax write-offs for residents who are affected and Courtney (CT-District 2) and Larson (CT-District 1) released the...

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