CT Senate Republicans Roll Out $1.5B Tax Cut Plan Dems Call Empty Promise

CT Senate Republicans Roll Out $1.5B Tax Cut Plan Dems Call Empty Promise

The proposal, which the caucus said would amount to a total of about $1.5 billion, or more than 5% of the total annual appropriations, would cut licensing fees for professions, reduce the CT Paid Family Leave payroll tax by 20%, cut all public benefits charges from utility bills, slash income tax rates by up to 40% depending on income and introduce a 100% income tax credit on car taxes paid to towns.