estate tax

The housing market is trying to regain its footing, yet sales have slipped in much of the country. One exception is in Connecticut, where sales – especially of expensive homes – are doing well. We look at one history-making sale in Greenwich, Connecticut that's setting the tone for springtime homesellers. 

Connecticut Governor Dannel Malloy’s proposed $55-per-person tax rebate won the approval of a key state legislative committee on Tuesday. Members of the Finance, Revenue and Bonding Committee voted 31 to 19 for the proposal.

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.

Conservative groups, including the Empire Center, say New York Governor Andrew Cuomo's plan to cut the estate tax would benefit many in the middle class.