CT Capital Gains Tax Hike Floated
Progressive Connecticut lawmakers are proposing a higher tax rate on capital gains earnings for wealthy taxpayers and higher personal income tax rates for millionaires.
Democrats’ ‘Handshake Agreement’ on State Budget Skips New Income Taxes
Gov. Ned Lamont and Democratic legislative leaders announced Thursday they’ve reached a “handshake agreement” on a new two-year state budget they said doesn’t increase personal income tax rates or include a proposed capital gains tax, but applies the state sales tax to some new goods or services.
Democratic Lawmakers Ask Lamont to Back Capital Gains Tax
More than five dozen Democratic state representatives and senators are asking Gov. Ned Lamont to support a surcharge on capital gains income earned by wealthy Connecticut taxpayers.
CT Realtors Attacks New Capital Gains Proposal
A proposal to place a new capital gains tax on the state’s highest earners came in for strong criticism from Connecticut’s main real estate industry trade group.
