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Commission on Fiscal Stability and Economic Competitiveness

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Lamont May Push Legislators To Extend Sales Tax To Groceries, Medication For First Time Lamont May Push Legislators To Extend Sales Tax To Groceries, Medication For First Time
Lamont May Push Legislators To Extend Sales Tax To Groceries, Medication For First Time Groceries and medications may soon be the subject of sales tax as Connecticut Gov. Ned Lamont attempts to cut into a reported $1.5 billion projected shortfall for the upcoming fiscal year. In an effort to close the projected shortfall, Lamont is considering introducing legislation that would see sales tax on groceries and other long-exempt items, according to a ctmirror.com report. The move would come in an effort to “bring fiscal stability” to the state. If approved by lawmakers, taxing groceries and other such items could generate hundreds of millions of dollars annually for the state, he…

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by Zak Failla