Posted on January 2, 2024
TAX CUTS
The state budget, adopted in June, cuts the bottom two marginal income tax rates for all filers from 3% to 2% and from 5% to 4.5%. Income taxes on the first $50,000 in taxable income will be lowered for single filers and married people filing separately, $100,000 for joint filers, and $80,000 for heads of household. January 1 is also the start of easing the cliff on income tax exemptions for retirement income. The new budget adds a tax deduction schedule for retirement income above the full…
Posted on November 3, 2023
Lawmaker Recognized by Connecticut’s Leading Business Organization
HARTFORD –The Connecticut Business and Industry Association (CBIA) has recently released their ‘State House Voting Records’ annual report for 2023 and State Representative Carol Hall (R-59) has received a 100% score for her votes on key bills that impact Connecticut’s economic growth and business climate.
The Connecticut Business and Industry Association (CBIA) ranked all state lawmakers based on their support for the business community’s…
Posted on October 13, 2023
