Connecticut’s top revenue officials said Monday they are evaluating a few options to address the annual loss of nearly $300 million in tax revenue due to a law that allows New York to directly tax the income of workers who live and work remotely in Connecticut.
“We’re continually having internal discussions about what the strategy would be as it relates to New York,” Mark Boughton, commissioner of the Department of Revenue, told the legislature’s Finance, Revenue and Bonding Committee. “We’ve got some work to do there.”
Boughton said the issue is a top priority for Gov. Ned Lamont (D) and ...