Join us on June 21 from 1 PM to 2 PM for our upcoming webinar: A Better Approach for the State Budget.
Connecticut's budget is the clearest statement of its policy priorities. As such, it should prioritize revenue and expense options that advance long-term inclusive economic prosperity, improve equity, and prepare our children for success.
The current budget proposals adopt an austerity mindset.
They contain little new revenue and, to the extent they do bring in additional revenue, do so by raising taxes on low- to middle-income families by cutting or eliminating the earned income tax credit and property tax credit. At the same time, they provide some 600 of the state's wealthiest families with an average tax break of $100,000. That's not shared sacrifice. It is not a recipe for long-term growth and shared prosperity.
In this webinar, we will provide an overview of the state budget, solutions to avoid yet another a cuts-only approach, and ways to take action.