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The 1% meals tax would also be suspended for the year.
â€œWe have more tax revenue coming in so thatâ€™s strengthening our transportation fund in a way no one could have anticipated,â€ the governor said of his decision not to revisit electronic highway tolls for all vehicles.
On the opposite end of the spectrum was Alaska, which had the highest taxpayer surplus in the nation.
â€œThat the economy in Connecticut has for a long time been among the weakest in the country is mind-boggling,â€ the Republican said. "It's too expensive to live here."
The rate increases â€œwill be one more strain on Connecticut families and small businesses at a tremendously challenging time," says Attorney General William Tong.
â€œThe extra cost to trucking companies will ultimately be passed on to families with increased prices on food, home heating oil and more," warned Senate Republican Leader Kevin Kelly (R-Stratford).
"Itâ€™s important to assess and measure the stateâ€™s economic strength by reviewing its progress over the long-term," insists Connecticut Treasurer Shawn Wooden.
Though he expressed some disappointment with some of the compromises taken to pass the bill, Senate Majority Leader Bob Duff (D-Norwalk) called it "a very important step on our road for Connecticut to shed itself from being the most segregated state in the nation."
â€œInstead of adding on more taxes, lawmakers should instead look towards policies that will help local businesses thrive," said CBIA President and CEO Chris DiPentima.
â€œThis is a missed opportunity that will have real-life consequences for the small employers in our state," said State Comptroller Kevin Lembo.
If the bill is passed, Connecticut would become only the second state to have such legislation.
Lamont said that the federal funds â€œrepresent an incredible opportunity for this state to make transformative investments to emerge healthier and stronger."
Gov. Ned Lamont has repeatedly said he will not support new taxes on Connecticut residents, but indicated yesterday that he was willing to discuss the proposals further.
The Transportation and Climate Initiative, scheduled to be voted upon by the state Environment Committee tomorrow, promises Connecticut at least aÂ 26% reduction in carbon emissions from transportation from 2022 to 2032.