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Connecticut Post: Swap of payroll tax for income tax has Capitol abuzz, but questions are aplenty

Emilie Munson, Connecticut Post

May 10, 2019 - less than 1 minute

When a radical plan to replace the state’s income tax with a payroll tax landed in Gov. Ned Lamont’s office earlier this week, his staff set to work vetting the idea.

But even with the Capitol abuzz with the possibility, it’s unlikely to go anywhere during this legislative session with less than a month remaining, several other major proposals on the table and a growing list of questions — but not answers — about what such a drastic change in the state’s tax structure would mean for Connecticut residents.

Read the full article at https://www.ctpost.com/metro/article/Swap-of-payroll-tax-for-income-tax-has-Capitol-13836377.php

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