If you're a billionaire living in Connecticut, chances are the tax department is keeping an eye on you.
In a state home to some of the richest Americans, tax officials go to some lengths to keep them — or, more accurately, keep the billions of dollars in revenue their income taxes generate.
Connecticut tax officials track quarterly estimated payments of 100 high net-worth taxpayers and can tell when payments are down. Of that number, about a half-dozen taxpayers have an effect on revenue that's noticed in the legislature and Department of Revenue Services.
Connecticut ‘s Department of Revenue Services wants to go after taxpayers with incomes in illegal offshore tax shelters, even if they no longer live in Connecticut. The department made the case to state lawmakers on Thursday.