Posted on March 13, 2019 by admin
This Friday, the Finance, Revenue, and Bonding Committee of the General Assembly will be holding a public hearing on Governor Lamont’s proposed revenue budget and the Senate Democrat Leader’s proposal to institute a statewide property tax and a statewide car tax.
As you may have heard, Governor Lamont’s proposed budget expands many taxes, including the sales tax to cover many previously exempted items; such as non-prescription drugs, digital downloads like Netflix, children’s car seats and bicycle helmets, dry cleaning, barber shops, beauty salons, veterinary services, parking, newspapers and a wide range of professional services including legal, accounting, interior design, real estate, and sports and recreation instruction. All totaled the tax expansions will cost Connecticut families about $300 million more in the 2020 fiscal year and about $500 million more in the 2021 fiscal year. His proposal would also place a 10 cent surcharge on plastic bags and a 1.5 cent tax per ounce on sugar-sweetened beverages, like soda, juice, and sports drinks, among many other new or expanded taxes.