Connecticut had roughly half of the money needed to weather a recession in its unemployment trust fund before the COVID-19 pandemic hit the state, according to a report from the Tax Foundation which tracked unemployment claims across all states and compared them to the 2008 recession. “Many states are woefully ...
Along with a new year, a new governor, and a new legislative session comes a new attempt — make that new attempts — to wipe the business entity tax off the books. The business entity tax is a $250 tax paid by businesses every two years simply because they, well, ...
A contentious public hearing before the Labor and Public Employees Committee went late into the night Thursday as lawmakers heard testimony on a number of bills that could have big impacts on hiring in Connecticut. Committee co-chair, Rep. Robyn Porter, D-New Haven, told Eric Gjede of the Connecticut Business and Industry Association that “those who can afford to pay, need to pay.”