Governor Lamont Signs Largest Income Tax Cut in Connecticut History

Press Release

"The reason why I am able to sign a budget today that implements the largest cut ever made to Connecticut's income tax is because of the fiscal discipline that we implemented over the last several years to stabilize our fiscal house and end what has been too many years of uncertainty and deficits. We targeted these tax cuts and credits specifically for middle-class and working-class taxpayers because we want to enact the broadest-based relief possible to those who need it. I am glad to sign a bill providing tax relief to our residents.

I am particularly proud that we were able to negotiate and pass this budget in a bipartisan manner with both Democrats and Republicans actively participating. I am fully aware that this makes Connecticut an outlier among the states in this current political climate and I don't take that for granted. By working together collaboratively, we are making Connecticut stronger and adopting policies that benefit the people who live here. I thank the legislative leaders on both sides of the aisle for their work on this biennial budget."

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