Connecticut saw a net loss of 9,869 income tax filers between 2017 and 2018, constituting a loss of adjusted gross income totaling $1.1 billion, according to the Internal Revenue Service. The breakdown of earnings relative to population loss show that although Connecticut’s highest earners were not the largest group of ...
During his hour-long interview with WTIC 1080, Gov. Ned Lamont fielded questions from callers, one of whom questioned why the state diverted $170 million in vehicle sales tax from the Special Transportation Fund. The governor denied that funds had been diverted, labeling it a “myth.” “That’s a myth that gets ...
Connecticut received a “B” rating in a new report that ranks states based on the transparency of economic development incentives given to businesses to either move into, or remain, in the state. It was the third highest grade in the United States. The report issued by Frontier Group and U.S. ...
Connecticut ranked 6th in the nation for loss of wealth to other states between 2017 and 2018, with a net loss of $1.13 billion in adjusted gross income as people moved out, according to figures released by the Internal Revenue Service. Where is all the money going? Florida, mostly. The ...
The Hartford Federation of Teachers, AFT, is fighting a multi-year court battle with its own unionized office employees over wage and retirement benefits, pitting the teachers’ union against its own affiliate organization, the AFL-CIO. At issue is the severance package owed to HFT office employees under their collective bargaining agreement ...
Senate Democrats gave tepid support for Gov. Ned Lamont’s plan to toll trucks following a long caucus meeting, but a special session on the matter remains in limbo as a bill has yet to be drafted and the numbers fully vetted. Senate Democrats remained Lamont’s biggest hurdle after rejecting the ...