HARTFORD, CT -- While experts say the Malloy administration has made progress on those workforce goals over the past eight years, challenges remain — a point the governor himself concedes as he enters his final four months in office. While Connecticut's workforce remains highly educated and productive, many industries report difficulties filling positions, including manufacturing, construction, transportation and logistics and health care, to name a few.
HARTFORD, CT -- Connecticut has repeatedly considered "anti-prison gerrymandering" legislation during the past decade – in 2011, 2013, 2015 and 2016 – but that legislation has failed to pass. A 2013 report by the Prison Policy initiative and Common Cause found that almost half of the state’s prison population comes from the state’s five largest cities, but almost two-thirds of the state’s prison cells are located in just five small towns – Cheshire, East Lyme, Enfield, Somers, and Suffield.
WASHINGTON, DC -- The U.S. Treasury Department on Thursday issued new rules aimed at preventing taxpayers in Connecticut and other high-income and high-cost states from avoiding a new cap on the deductibility of their state and local taxes. The Internal Revenue Service said in May it would move to thwart the workaround Connecticut, New York, New Jersey, California and a number of other states have taken to avoid the new cap on these popular deductions.
HARTFORD, CT — Every four years since 1965, nonprofits have been required to remind municipal tax assessors why they should be exempt from property taxes. But according to a member survey conducted by the Connecticut Community Nonprofit Alliance, municipalities have been denying those tax exemptions on an increasing basis. About two thirds of the 35 nonprofits responding to the survey said their properties - which had a history of being tax exempt and had no changes of use - were suddenly being denied tax exemptions in 44 towns.
RIVERSIDE, CT -- Sean Goldrick, a resident of Riverside, CT and who served two terms on the Board of Estimate and Taxation for the Greenwich finance board, gives the facts on the growth of wealthy individuals living in Connecticut."
HARTFORD, CT -- William Buhler of Cromwell, a retired Co-chair of Legislative Action for CSEA and Paul L. Altieri, Ph.D., an Emeritus Professor of Economics at Central Connecticut State University, comment on the growing wealth in the state, especially in Fairfield County, and the negative impact of this wealth disparity on the State's economy.
HARTFORD, CT -- Michelle Riordan-Nold, Executive Director of the Connecticut Data Collaborative, comments on the importance of an accurate Census 2020 count, and challenges the Census Bureau has faced in maintaining their federal funding and finding new leadership, a recent ruling has put the accuracy of the Census 2020 count in jeopardy.
WASHINGTON, DC -- After months of fighting over aid to last summer’s hurricane-hit communities, Congress finally approved a compromise budget bill earlier this month that will provide millions of dollars to help schools care for displaced students. The budget bill provides $8,500 for each displaced student, $9,000 for each one that is not English-speaking like Nairelys and Jason, and $10,000 for disabled students requiring special education.
WASHINGTON, DC -- In rare bipartisan agreement, Congress on Friday approved a massive budget deal that will increase federal spending in Connecticut, providing big boosts for the state’s defense industry and health care programs and even helping schools educate displaced students from Puerto Rico. ...A new measure was added to the extenders package that would help Westport’s Newman’s Own Foundation, which gives 100 percent of the profits made from the Newman’s Own food business to charity, but would have been hit with a 200 percent tax this year unless it divested or got the exception.
NEW YORK, NY -- Philanthropic organizations have been on edge since Republicans rammed through the monumental tax bill: Will Americans give as generously now that the incentives have completely shifted? Findings suggest that the the Tax Cuts and Jobs Act of 2017 may deal a particularly devastating blow to charities that make up the private social safety net . . .