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CT tax cuts are likely, but fierce debate expected over who benefits

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.

CT tax cuts are likely But who should benefit remains a source of great debate

CT tax cuts are likely, but fierce debate expected over who benefits

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. Even as the national economy flirts with a recession, state government continues to ride an unprecedented wave of prosperity that began in 2018. But so much of this boom comes from sources that historically have been unstable, surging for four to five years at a time, and then plunging for an equally long stretch.

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