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The General Assembly is considering a bill that would create a 30% tax credit to companies that “tech” their Broadway tours in the state.
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Gov. Ned Lamont rejected calls Wednesday by business owners and House Republicans to pause the collection of a new mileage tax on tractor-trailers that raised $4.3 million in its first month, the majority from out-of-state truckers.
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Frankie and Johnny take a look at what’s in a new proposed state budget — and what's not. Also, who’s going to win the Super Bowl and what does it mean for Connecticut?
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Governor's biennial plan would preserve fiscal guardrails, bolster education aid to towns and curb medical debt.
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When it comes to taxes, the question state officials are trying to answer this year isn’t whether to cut them. For Gov. Ned Lamont and the General Assembly, the larger issues are how deep to cut — and who should benefit.
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Gov. Ned Lamont unveiled a proposal Wednesday to cut taxes on more than 120,000 small and mid-sized businesses, saving them collectively as much as $60 million annually starting in 2024.
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Connecticut Republicans are proposing to reduce the cost of electricity by removing state taxes and surcharges from customer invoices.
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Analysts say General Fund will close with a $3.1 billion surplus next June, a 14% cushion.
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Officials agree that CT needs to spend more or risk losing taxpayer confidence and its ability to maximize federal aid.
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Allowable growth in next state budget could approach $1 billion as lawmakers eye more funds for towns, child care and education.