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No Sunset on Connecticut Corporate Taxes in Governor’s Budget

Feb. 10, 2021, 9:53 PM

Connecticut should tax the highway miles of tractor-trailers, continue a corporate tax, and agree to a multi-state plan that would raise the price of gasoline for all drivers, Gov. Ned Lamont proposed Wednesday as part of his overall budget.

Lamont (D) also would legalize sports betting and recreational marijuana to bring more revenue to the state, according to the $45 billion, two-year draft budget. The 268-page proposal covers fiscal years 2022 and 2023, which begin July 1.

Connecticut faces a deficit of about $4 billion over the two fiscal years, Melissa McCaw, secretary of the Office of Policy and ...