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 . . .
HARTFORD, CT -- Local nonprofits are calling on Congress to reject aspects of the proposed tax reform bill that address changes in charitable giving deductions, and non-profit status, saying they hurt their ability to operate at a time when many are losing state and federal funding.
WASHGINGTON, DC -- Both the tax bill the Senate hopes to vote on this week and a House-passed tax overhaul would keep the popular charitable deduction, but non-profits say the legislation still would shrink American help to those in need. CT Community Nonprofit Alliance President Gian-Carl Casa says the bills would “devastate” the state’s community based non-profits.
HARTFORD, CT -- Roughly 68,000 seniors and disabled residents will lose access to a Medicare financial assistance program Jan. 1, when income eligibility requirements change under the newly enacted state budget. Most people likely won’t know they are losing coverage until they receive written notices next month, according to Rosana Garcia, policy associate at the Universal Health Care Foundation of Connecticut, an advocacy group.