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State lawmakers came face to face with New Jersey’s major utility companies ahead of an impending rate spike. “We did not cause this price spike,” ...
The New Jersey Department of Education has announced that more than half of the state’s school districts now have the authority to increase ...
As many around our state celebrated the Easter holiday on Sunday, Democrats in the state legislature voted to move forward a ...
Moments after a Tax Equity Caucus press conference in Hartford, Easton state Rep. Anne Hughes was recorded saying, "Tax my ...
Long-term capital gains get taxed at a lower rate, either 0%, 15% or 20% at the federal level depending on your income. Tax rates on long-term gains also vary from state to state. Short-term capital ...
With massive federal cuts on the way, some Connecticut Democrats push for a surcharge on the state's richest investors.
including a reduced tax rate of 12.5%/ 20% on long-term capital gains (LTCG) with indexation benefits, as opposed to being taxed at the applicable slab rates for short-term capital gains (STCG).
The idea of raising the capital gains tax rate, however, is not new. In December, Sen. Noel Frame, D-Seattle, emailed a “2025 Revenue Options” presentation to fellow Senate Democrats.