Senate Republicans used Gov. Ned Lamont’s proposal as a foundation, specifically his proposal to slash the 5% income tax rate to 4.5% and the 3% to 2%, but unlike the plan the governor touted in an appearance in West Hartford on Tuesday, those cuts would be retroactive to the beginning of this year.
By Hugh McQuaid, CTNewsJunkie.com
Senate Republicans weighed in on ongoing state budget negotiations Wednesday with a two-year, $50.4 billion tax and spending plan that prioritizes income and property tax relief while making cuts to state agencies.
Members of the Senate’s minority caucus outlined their budget package during a midday press conference outside the state Capitol building. Their recommendations follow proposals from Democratic Gov. Ned Lamont, plans from the tax and spending committees controlled by the legislature’s Democratic majority, and a third proposal by House Republicans last week.
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