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    Monday, April 15, 2024

    Income tax a target by Connecticut GOP governor candidates

    HARTFORD — Republican governor candidates are pushing proposals to eliminate or scale back Connecticut's income tax.

    Danbury Mayor Mark Boughton on Monday released a 31-page plan Monday that includes phasing out the personal income tax over 10 years. He says there will be $381 million in reductions in the first year.

    Boughton, the Republican Party's endorsed candidate, faces four challengers in the Aug. 14 primary.

    Former Trumbull First Selectman Tim Herbst wants to eliminate the income tax for anyone making up to $75,000. Greenwich hedge fund manager David Stemerman wants to reduce the number of brackets from seven to three, while lowering rates.

    Westport tech entrepreneur Steve Obsitnik wants a tax cut for those earning less than $100,000. Meanwhile, Madison businessman Bob Stefanowksi proposes phasing out the income tax over eight years.

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