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Report: In Three Decades, CT Moved From Top To Bottom In Income Equality
The Hartford CourantWhen Greenwich billionaire Edward Lampert moved to Florida earlier this year, did you feel better off? That question is at the heart of a report out Thursday that shows Connecticut went from being one of the states with the highest income equality in the...Tags: Personal Income, Labor Day, Greenwich, Sears, Kmart
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Connecticut's Rise in Inequality, and What It Means
Income inequality, like its cousin, corporate greenmail, can be bad or not-so-bad. If it means the richest people are making huge gobs of money while the rest of us are getting ahead nicely, that's not so terrible. A new report from Connecticut Voices...Tags: Connecticut Labor Markets, Labor Day, New Haven (New Haven, Connecticut)
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Rich Paying More Broadens Opportunity For All
The Hartford CourantMost people would agree that Connecticut's wealthiest residents should pay a greater share of their income in taxes than middle- and working-class residents. With 100, 1,000 or even 10,000 times more disposable income than the average resident, the state'...Tags: Personal Income, Politics, Economic Policy, Money and Monetary Policy, Taxation
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New Britain Foundation Awarded $1 Million Last Year
The Community Foundation of Greater New Britain last year gave more than $1 million to projects, scholarships and causes to promote health and well-being in Berlin, New Britain, Plainville and Southington. The foundation’s directors concluded the...Tags: Awards and Prizes, New Britain, Southington, Plainville
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State Tax Credit Too Important To Cut
The earned income tax credit, or EITC, is one of the best domestic policy tools ever invented. Since it can only be claimed by people who work and pay taxes, it encourages and rewards work. It keeps low-income wage earners out of poverty. The money...Tags: Politics, Personal Income, Greenwich, Taxation, Interior Policy
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Malloy's Budget: A Fiscal High Wire
TOWNS SEE LOOMING SHORTFALLS By Betsy Gara Town leaders are anxiously crunching numbers as they review Gov. Dannel P. Malloy's proposed budget. Given the size of the budget deficit, the Connecticut Council of Small Towns applauds the intent of the...
Tags: Connecticut Labor Markets, Politics, Executive Branch, Government Health Care, State Budgets
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A proposal to raise Connecticut's minimum wage stirs debate
You could work full time, every week of the year at Connecticut's $8.25-per-hour minimum wage and come up with a pre-tax annual income of $17,160. That's more than $5,700 below the federal poverty level for a family of four.
When you adjust for...Tags: Republican Party, Labor Legislation, Meriden, Career and Workplace, Restaurant and Catering Industry
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New data on poverty in Connecticut shows more bad news
Here's a chilling indicator of how nasty Connecticut's recession has been: the number of people living in poverty in the past three years increased in Bloomfield, Bridgeport, Norwalk, Shelton, Stamford, Wethersfield and Windham. That's according to a new...Tags: East Haven, Personal Income, New Milford, Enfield, Poverty
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The income gap is growing very quickly in Connecticut
Like the rest of the nation, wage increases for Connecticut's higher-income workers rose at a much faster rate than for the lowest-paid employees during the past five years, according to a new analysis.
Pay for the top 10 percent of workers rose by 14....Tags: Occupy Wall Street, CEO Pay, Washington, DC
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Connecticut Film Tax Credit Debate
Fox 61Since 2006, Connecticut has gotten more of the Hollywood action, particularly after legislators passed a film tax credit program, which translated into big time savings for movie makers. That meant anywhere up to a 30% tax credit if they shoot in the...Tags: Politics, Connecticut, State Budgets, Movies, Entertainment
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Tax Refund Economy Thrives In City
The Hartford CourantAmong a group of preschool teachers who work on Barbour Street in North Hartford, in one of Connecticut's poorest neighborhoods, the annual federal tax refund is more about the basics than the extras. Melissa Howard used a tax refund to buy a new car...Tags: Personal Income, Business Trips, Mini, Tax Credits, Vehicles
Nov 15, 2012
|Column| Hartford Courant
Aug 30, 2012
|Column| Hartford Courant
Apr 19, 2013
|Story| Hartford Courant
Apr 3, 2013
|Story| Hartford Courant
Mar 12, 2013
|Story| Hartford Courant
Feb 8, 2013
|Story| Hartford Courant
Mar 6, 2012
|Story| WTXX-LTV
Feb 2, 2012
|Story| Hartford Courant
Nov 30, 2011
|Story| WTXX-LTV
Dec 28, 2011
|Story| WTXX-LTV
Jun 15, 2009
|Story| WTIC-LTV
Mar 27, 2002
|Story| Hartford Courant
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