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State - Budget
A Legacy of Debt

 

 

 

 

 

A Legacy of Debt

 

CONNECTICUT TAXPAYERS: Please read this Excellent Five Part Series on the State of our State by CTMirror.org.  A special thank you is extended to Keith Phaneuf and all who worked with him on this very extensive project.  Knowledge is power, and as such Taxpayers throughout Connecticut must take action and demand accountability from those whom you elect to office. Susan Kniep

 

 

 

 

 

Keep Current on the State of our State with

 

The Connecticut Mirror - Official Site

 

 

 

 

Budget/Economy

 

Looney wants half-penny sales tax option for cities and towns

 

By: Keith M. Phaneuf | April 7, 2017

 

Senate President Pro Tem Martin M. Looney of New Haven called Friday for an optional local sales tax increase to help cities and towns control property tax rates. This would add a local surcharge of one-half of 1 percentage point to the existing 6.35 percent state sales tax. Continue Reading →

 

 

 

 

 

Connecticut not alone in facing budget deficits

 

By: Keith M. Phaneuf | April 7, 2017

 

Connecticut is not alone in its budget woes, but it does have less margin for error in dealing with them than other states, according to new reports from two nationally recognized policy think-tanks. Continue Reading →

Filed under: Budget/Economy, Center on Budget Policy Priorities, Connecticut state budget, sales tax, state income tax, The Pew Charitable Trusts

 

 

 

 

 

House endorses farm-based breweries in Connecticut

 

By: Mark Pazniokas April 5, 2017

 

The House of Representatives began moving legislation Wednesday with the passage of a string of bipartisan bills, including measures authorizing farm-based breweries and expanding an angel investor tax credit program. Continue Reading →

 

Filed under: Budget/Economy

 

 

 

 

 

Wall Street agency warns CT budgets will be bleak for years

 

By: Keith M. Phaneuf | April 5, 2017

 

A major Wall Street credit rating agency warned investors Wednesday that Connecticuts weak economy and surging retirement benefit costs are likely to plague state budgets and test the state’s fiscal management for several years to come. Continue Reading →

 

Filed under: Budget/Economy, Labor, budget2017, Connecticut state budget, Moodys Investors Service, pensions, Wall Street

 

 

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