Posted on July 2, 2019 by admin
As of yesterday, July 1st, a number of new laws have gone into effect. Unfortunately, most of the legislation, including the budget, will add financial pressure on Connecticut residents and businesses.
The new two-year state budget will raise taxes by $1.75 billion and spending by 5.3 percent over the biennium. You will now pay more for prepared meals (restaurants and grocery stores), soda, safety apparel (bike helmets for your kids), ride-sharing services (Uber/Lyft), vehicle trade-ins, alcoholic…