There’s a good chance you had better things to do Sunday than read my report on the continuing havoc Gov. Dannel Malloy’s and Democratic lawmakers’ retroactive income tax is playing with paychecks.
We first wrote about this back in November. Since then things have just gotten worse, with everyone from 1,000 workers at Electric Boat in Groton to public employees in Stamford having too much tax withheld from December paychecks.
Eventually folks will get their money back, either directly from their employers or when they file their taxes in 2012.
It’s that latter solution that concerns state Department of Revenue Services Commissioner Kevin Sullivan, who believes the miscalculations will have an impact on the state’s tax estimates and on budget surplus projections.
Oh those unintended consequences….