Lawmakers challenge Lamont to tax rich to pay for child tax credit

CT Mirror – Wednesday, April 23, 2025
By Keith M. Phaneuf

A key legislative panel endorsed a new $150-per-child state income tax credit Wednesday for middle class families, alongside a temporary income tax surcharge on wealthy households to ensure the relief won’t vanish if cuts in federal aid push state finances into distress.

The committee also endorsed Lamont’s plan to increase the hospital provider tax by $140 million per year, which also involves boosting state payments back to the industry by a matching amount.

The complementary proposals advanced Wednesday by the Finance, Revenue and Bonding Committee set the stage for a showdown among Gov. Ned Lamont and his fellow Democrats in the legislature’s majority as they try to negotiate a new state budget before the session ends June 4.

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