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taxes

The General Assembly reconvenes later this week for a session that looks to be jam-packed with issues. The state’s largest business organization says lawmakers will have a difficult balancing act. WNPR’s Harriet Jones reports.

Reporter Roundtable

Jan 19, 2012
Chion Wolf

Checking-In With Jim Himes

Jan 19, 2012
Chion Wolf / Connecticut Public Radio

Congressman Jim Himes is getting ready for another battle over unemployment benefits and a payroll tax cut...while trying to keep open a Social Security office in his district.  We talked to him about these issues, but he’s also been weighing in on SOPA and PIPA - the anti-piracy bills that have been dubbed “internet killers” by critics.

Internet Sales Tax

Dec 5, 2011
Chion Wolf

In the week after Thanksgiving, U.S. consumers spent nearly $6 billion online. Those numbers come from research firm ComScore, which says online sales are already up 15% from last year.

The benefits of internet shopping can include free shipping, no crowds and seemingly...no sales tax.

Across the country, states miss out on more than $7 billion from online sales.

Revisiting the "Amazon Tax"

Aug 26, 2011
J Holt

The passage of an internet sales tax in Connecticut earlier this year was highly controversial. Even the commissioner of the Department of Revenue Services warned the state might suffer economic damage. WNPR’s J Holt brings us the story of one company dealing with the consequences of the new law.

Warchol- “Go get it!” (Dog panting)

That’s Josh Warchol and his dog Jesse. For the last three years, Josh has been senior engineer for a small software company called Fanzter

Harriet Jones / WNPR

Amid all the many tax changes taking place in Connecticut right now, more than 70,000 businesses are receiving a special bill from the state Department of Labor. The cash will go toward paying interest on federal loans that the state has taken out in order to keep paying unemployment benefits. WNPR’s Harriet Jones reports.

Mark Richards runs an IT consulting and recruitment company in Shelton, and he employs 25 people. He’s already grappling with changing his payroll to impose a higher income tax on many of his employees.

Increases in the Income Tax

Aug 8, 2011
Office of Policy and Management Secretary Ben Barnes
Chion Wolf / Connecticut Public Radio

Income tax increases are being felt in some paychecks while tax breaks are going out to some big companies.

Those tax increases are being felt mostly by Connecticut’s wealthiest residents...and are showing up in paychecks now.  It’s an issue of “fairness” according to some - but another look at the numbers shows the state’s revenue stream is more “volatile” because of a dependence on the rich.

Harriet Jones / WNPR

Swiss bank UBS has been a huge presence in downtown Stamford for more than a decade. It’s the city’s biggest employer, with some three thousand workers, and its biggest taxpayer. But for months, rumors have been flying that the company may relocate some or all of those people back to Manhattan. WNPR’s Harriet Jones takes a look at what that might mean for the city’s business ecosystem.

A group of UBS traders arrives for lunch at Fiesta Restaurant on Stamford’s Atlantic Street.

Flickr Creative Commons, Jan Seifert

Today, the Supreme Court struck down an Arizona public financing law similar to the one in Connecticut. But campaign finance reform can be a little dry and hard to follow, so first, a little colorful history:

alancleaver_2000 / Creative Commons

Two types of small businesses in Connecticut have been pitted against one another in recent months by a controversial piece of legislation. The measure, which goes into effect July 1st, attempts to force Internet retailers to levy sales tax in the state for the first time.

As WNPR’s Harriet Jones reports, some are calling it the “Amazon tax.”

This is North Cove Outfitters in Old Saybrook, where Iain McGowan is helping a customer.

State Budget Vote Close

May 2, 2011

Segarra Presents Budget

Apr 18, 2011
Jeff Cohen/WNPR

Tax Day

Apr 18, 2011
Chion Wolf

When critics say the state shouldn’t increase taxes on the wealthy, they often say that it’ll force the rich to leave Connecticut.  So, is it true?

Two new studies show - well, that’s it’s not true at all.  That other factors, beyond the tax rate, are what drives people to make decisions about where to live.  

It can cost small businesses between $5,000 and $10,000 just to administer their tax returns each year. That’s the finding of a new survey, which calls for radical improvements to the tax code. WNPR’s Harriet Jones reports.

The National Small Business Association conducted a survey of its members on how much time and money it takes them to comply with the federal tax code.

“The tax code is incredibly complex”

Legislators, municipal leaders and business people from Southeastern Connecticut have voiced opposition to a plan to tax the Millstone nuclear power plant. WNPR’s Harriet Jones reports.

Tri-State Area Budget Edition

Mar 11, 2011
Creative Commons

Connecticut, Massachusetts, New York and New Jersey are all talking about taxes and public sector unions.

It’s a different kind of conversation in the Northeast than they’re having in say, Wisconsin - but the rhetoric is still kind of hot.

Dannel Malloy dubbed himself the “Anti-Christie” (take that New Jersey!) and then got a nice write-up in the New York Times for what they called a “Better Budget” proposal without bombast.

Can Malloy Win Without a No-Tax Pledge?

Oct 29, 2010
Photo by Paul Bass

As his opponent took a no-new-taxes pledge—and pulled even in the polls—Democrat Dan Malloy brought his gubernatorial campaign to the lunch-cart crowd by the hospital, determined to defend two unpopular positions with more than sound bites.

Days away from Tuesday’s election, Malloy at this last stage finds himself confronting the political version of those two verities facing all of mankind: death and taxes.

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