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Vice President Kamala Harris visited Connecticut last week to tout the American Rescue Plan, the federal COVID-19 aid bill that will bring billions in funding to the state. Her visit came with a particular focus on the new federal child tax credit, which will bring a $3,000 yearly benefit per child ...
Connecticut families that rely chiefly on minimum-wage jobs could effectively lose more than half of the pay hikes they will receive by mid-2023 due to the potential loss of state benefits, according to a new report from Connecticut Voices for Children. The New Haven-based policy think-tank is als...
Connecticut’s tax fairness debate took another leap forward recently when the Senate’s highest-ranking Democrat proposed new taxes on high-value homes and on the capital gains of the state’s highest earners. Senate President Pro Tem Martin M. Looney, D-New Haven, also said his caucus hopes to...
Low- and middle-income families with children would receive their largest state income tax break in nearly a decade under a new proposal to be unveiled Tuesday by the new co-chairman of the legislature’s tax-writing panel. The new child tax credit proposed by Rep. Sean Scanlon, D-Guilford, would p...
Low- and middle-income families with children would receive their largest state income tax break in nearly a decade under a new proposal to be unveiled Tuesday by the new co-chairman of the legislature’s tax-writing panel. The new child tax credit proposed by Rep. Sean Scanlon, D-Guilford, would p...
If you want to watch a real-time experiment on equality in America, pay attention to the way Covid-19 vaccinations are being distributed. So far, the results have been a little disheartening. The national news is full of bold-faced names posing under the cricket-click of news cameras as they roll up...
Over the next year, Gov. Ned Lamont has to help guide Connecticut’s economy out of the coronavirus pandemic and close a huge budget deficit. Many of the governor’s fellow Democrats say these things cannot be accomplished without doing something Lamont loathes: raising state taxes on Connecticut...
A New Haven-based think tank Tuesday proposed three fixes for a regressive tax system that disproportionately burdens working- and middle-class families: higher income tax rates on top earners, new taxes on capital gains and mansions, and expanded property and earned income tax credits. Those propos...
A leading child advocacy group challenged Connecticut officials Tuesday to shift up to $1.4 billion per year in state and local tax burdens from low- and middle-income households and onto the rich. Connecticut Voices for Children used its annual budget forum to protest what it describes as a regress...
A leading child advocacy group challenged state leaders Wednesday to reverse escalating income and wealth inequality and provide tax relief for up to 90% of Connecticut by shifting tax burdens onto the state’s millionaires. Connecticut Voices for Children, which unveiled its program at the Capito...