CT plan would raise income taxes on rich to mitigate federal cuts

CT plan would raise income taxes on rich to mitigate federal cuts

The state Senate’s leaders unveiled a new proposal Thursday to boost taxes on Connecticut’s high earners, seeking to raise hundreds of millions of dollars to mitigate anticipated deep cuts in federal aid to health care, education and other core programs here. Senate President Pro Tem Martin M. Looney, D-New Haven, in a joint statement with Majority Leader Bob Duff, D-Norwalk, recommended boosting the two highest marginal rates on the state incom…