Tag: economy

Huge Disparities Widen — Hurting Economy

Report: CT’s low-income jobs on the rise —PATRICIA DADDONA— Hartford Business Journal– Connecticut’s share of low-income jobs has ticked up by 1.3 percentage points since 2011, according to a report from New Haven-based Connecticut Voices for Children. According to the…

Stop Whining About Business Taxes in CT — 2nd Lowest in U.S.

Connecticut Business Taxes Actually Among The Lowest In The Nation Corporations can apply tax credits against a maximum of 50.01 percent of total tax liability, instead of 70 percent.(Courtesy of FOXCT) –BILL CIBES — Op-Ed in Hartford Courant– Report shows…

Take Out The Violins — Only 52% Increase in Profits

Aetna boasts 52% 2Q profit increase —PATRICIA DADDONA — August 3, 2017 — Hartford Business Journal — Hartford health insurer Aetna boosted second quarter profits 52 percent as executives touted the company’s strategy to become more consumer-focused while planning for geographic…

Wealthiest State Needs to Raise Revenue to Protect the Needy

Toubman: ‘If we don’t raise revenue somehow, we shred the safety net’ — By: KEITH M. PHANEUF | July 30, 2017 — CT Mirror KEITH M. PHANEUF / CTMIRROR.ORG Sheldon Toubman, staff attorney with New Haven Legal Assistance Association One of Connecticut’s most…

This Is Why — The Budget is Out of Whack

Union ad casts GOP leaders as ‘protectors of billionaires’ –By: KEITH M. PHANEUF | July 20, 2017– CT Mirror — The state’s largest healthcare workers’ union took some jabs Thursday at the top Republicans in the legislature, charging them in a new ad…

Unions Ratify Concessions, Call For Legislators To Do Their Part

State employees overwhelmingly ratify concessions By Keith M. Phaneuf and Mark Pazniokas via CTMirror Unionized state employees have voted overwhelmingly to ratify the concession deal negotiated with the administration of Gov. Dannel P. Malloy, shifting the focus to a closely…

CT State Overtime Spending Down

State OT spending continues downward slide PATRICIA DADDONA – July 11 – Hartford Business Journal — Connecticut’s state government reduced overtime spending by 6.7 percent in fiscal 2017, according to the nonpartisan Office of Fiscal Analysis. The OFA report released Tuesday…