Keith M. Phaneuf / CT Mirror
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The legislature’s Finance Committee agreed to explore income tax cuts aimed at the middle class, the working poor, renters and businesses on Wednesday, but the Democrat-controlled panel also renewed its push to raise more from Connecticut’s wealthiest households.
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State contracting watchdog officials say they would lose their power to suspend improper or illegal procurements under Gov. Ned Lamont’s latest budget proposal.
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House Republicans unveiled the Capitol’s most aggressive tax-cutting plan to date Wednesday, pitching a combination of ongoing and one-time relief worth more than $700 million and centered on middle-income households and small and mid-sized businesses.
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Gov. Ned Lamont proposed a new state budget Wednesday that shifts hundreds of millions of dollars in federal pandemic relief outside of normal appropriations, funds a middle-class property tax relief program and makes major new investments in social services, health care, education and economic development.
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Gov. Ned Lamont is expected largely to push the status quo on Wednesday when he delivers his latest proposals for the 2022-23 fiscal year.
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The quasi-public Connecticut Port Authority, which is overseeing development of a major wind-to-energy project in Long Island Sound, launched a public-private partnership in 2020 without proper authority to do so, the State Contracting Standards Board concluded Friday.
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Gov. Ned Lamont announced a $336 million tax relief plan Wednesday centered on capping car tax rates and expanding an income tax credit for middle-class property owners.
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Connecticut officials have ignored for decades the effects of inflation on the state income tax, an oversight that costs low- and middle-income families tens of millions of dollars annually, according to a new report.
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Despite Connecticut families losing hundreds of millions of dollars in federal COVID aid since September, state government’s revenues have swelled to record levels, according to a report released Tuesday.
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Unions say labor shortage will worsen unless workers harmed by COVID-19 are compensated