December 2, 2013
by Christine Stuart | December 2, 2013 12:53pm
The success of the tax amnesty program and increases in the sales and corporation taxes have put the state on track to end the year with a $245.9 million budget surplus, state Comptroller Kevin Lembo said Monday.
Tags: Kevin Lembo, Rainy Day Fund, surplus, Ben Barnes, excess revenue, federal budget, November, 2013, dh
November 26, 2013
by Christine Stuart | November 26, 2013 5:30am
November 18, 2013
by Christine Stuart | November 18, 2013 2:30pm
November 1, 2013
by Christine Stuart | November 1, 2013 11:00am
October 18, 2013
by Hugh McQuaid | October 18, 2013 12:17pm
by Terry D. Cowgill | October 18, 2013 4:30am
In economic circles, Connecticut is known not only for its oppressive taxes and dreadful permitting regime, but also as a great place to receive corporate welfare. Our current governor likes to bribe companies to either move here or stay here. A former governor once tried to incent the New England Patriots to relocate to Hartford, only to be left standing at the altar.
September 27, 2013
by Christine Stuart | September 27, 2013 12:42pm
by Heath W. Fahle | September 27, 2013 11:12am
The State of Connecticut will provide $31 million in state funds to Bass Pro Shops to construct a new retail store in Bridgeport. The move is being called “economic development” but most recognize it by its real name: corporate welfare. Gov. Dan Malloy often notes that in a perfect world, such assistance to businesses would be unnecessary but since other states do it, the State is forced to compete.
September 20, 2013
by Terry D. Cowgill | September 20, 2013 4:30am
House Speaker Brendan Sharkey is fond of talking about regionalism and efficiencies that can be realized through improved economies of scale. More recently he’s been floating the idea of repealing Connecticut’s regressive car tax. I suspect the two concepts are connected but not in a way he would like us to believe.
September 16, 2013
by Hugh McQuaid | September 16, 2013 10:53am
The Revenue Services Department began offering both the carrot and the stick Monday to tax delinquents: pay up within the next 60 days at reduced interest and penalties or face more than double the penalties when the state catches up with you.