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With gas prices soaring, stocks faltering, inflation at a 40-year high and a recession looming, Connecticut lawmakers are forcing the state to look more closely at inequality. Whoever wins this fall’s gubernatorial election cannot, by law, propose a new budget without showing how it addresses rac...
The state’s minimum wage will hit $15 by next year, thanks to a 2019 law. As much of the country is still squeezed by the grips of inflation, some Connecticut residents will see a little relief as of Friday. Beginning July 1, the state’s minimum wage will increase to $14 per hour from the curr...
State Department of Economic and Community Development Commissioner David Lehman is calling on state lawmakers to considering capping or reducing Connecticut’s tax incentives for film, television and digital media production — programs that have drawn criticism for years from advocates who say ...
More than 90,000 Connecticut households filed for the state’s new child tax rebate in the program’s first week, Rep. Sean Scanlon, the Guilford Democrat who spearheaded the program in the legislature, announced Wednesday. The applications from 90,320 households would benefit 144,313 children fro...
With cash-strapped families the focus but boosting as well those making good money — and spending some of it on leisure pursuits — Connecticut has begun taking applications for a child tax rebate, with the goal of delivering payments before Labor Day. Under the one-time program, couples filing j...
Listen to the article HERE. A proposal in Connecticut would create a Children’s Trust Fund, to support a state Child Tax Credit and early child care initiatives. Advocates said the funding is key to make Connecticut an affordable place for families. The Finance Revenue and Bonding Committee...
Click HERE to listen. Hala Ghali was expecting a tax refund this filing season somewhere around $5,000 or $6,000. But when she found out how much she’d actually be getting back from the government, her jaw dropped. Stacy Downer, her tax preparer and a volunteer with Volunteer Income Tax Assistance...
Connecticut lawmakers on Tuesday gave a boost to legislation requiring more information about who shoulders the state’s tax burden. The General Assembly’s Finance, Revenue and Bonding Committee voted 36-14 to approve the measure that will likely add to the political debate over tax fairness. I...
With state government’s coffers overflowing, the legislature’s finance committee is expected to recommend income tax relief for working poor and middle class households, including a new child tax credit. The Finance, Revenue and Bonding Committee also is expected to dedicate a portion of future ...
Click HERE to watch the video. (The Center Square) – As inflation soars to 40-year highs, Connecticut lawmakers are considering a package of bills that could bring changes to the manner property and income taxes are calculated in the future. This legislative session, the General Assembly is consid...