Malloy’s Final Budget Includes Tax Increases, Cuts And Tolls
HARTFORD, Conn. (AP) – Democratic Gov. Dannel P. Malloy’s final budget proposal includes a range of tax changes, including a higher levy on cigarettes, a25-cent-per-bottle deposit on wine and liquor and elimination of the $200 property tax credit against the income tax.
Those propositions are in addition to the gradual 7-cent-per-gallon gas tax increase and statewide tolling Malloy proposed last week.
Malloy’s budget does not increase the state’s income or sales tax.
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