Budget Passed: $600 Million in Tax Cuts for CT Residents

May 10, 2022

The budget proposal I voted for, we approved and Governor Lamont signed on Monday, offers Connecticut tax payers like you and our neighbors $600 million in tax cuts. $600 MILLION!

This budget provides historic tax relief for parents, retirees, workers, and property owners. Budget Passed, $600 Million in Tax CutsOur budget plan CUTS YOUR TAXES by:
•    Cutting state income taxes for retirees
•    Lowering property taxes on homes and cars
•    Extending tax cuts for workers in low-paying jobs (EITC)
•    Creating a state tax credit for childcare
•    Extending the 25-cent gas tax cut until December
•    Establishing a state child tax credit worth $250 per child

I'll be providing you with more detailed information about these investments in Connecticut's future.

In addition to this historic tax relief package, the spending side of this budget makes groundbreaking investments in children’s mental health, increases funding in juvenile justice and anti-crime programs, leverages new federal funding for important programs, and invests in childcare, education, and our workforce.