FROM THE NEWSROOM: STRATFORD, Conn. (AP) — State Sen. John - TopicsExpress



          

FROM THE NEWSROOM: STRATFORD, Conn. (AP) — State Sen. John McKinney, one of two Republican candidates for Connecticut governor, is calling for the partial elimination of the states personal income tax. The Senates minority leader unveiled a plan Thursday to eliminate the tax on all filers earning $75,000 or less, beginning in fiscal year 2017. Appearing outside a Stratford coffee shop with his running mate, former U.S. Comptroller General David Walker, McKinney said their proposal also addresses a projected $1.4 billion state budget deficit by reducing spending in the fiscal year 2016 budget by the same amount. McKinney contends he has a more far-reaching plan than his Aug. 12 Republican primary opponent, Tom Foley, the GOPs-endorsed candidate. But Foley contends his proposal to cut the 6.35 percent sales tax by half a percent would affect more taxpayers.
Posted on: Thu, 31 Jul 2014 18:44:38 +0000

Trending Topics



Recently Viewed Topics




© 2015