by Zachary Janowski | Aug 20, 2013 | Economy, Features, General, State Budget
Connecticut economic development officials will pay nearly $300,000 over the next year to promote Connecticut abroad with a particular focus on four foreign countries: Brazil, China, Germany and Israel. The Department of Economic and Community Development hired the...
by Zack Albert | Aug 14, 2013 | Blog, General, Taxes & Spending
Common sense seems to indicate that, given equal pay for working and not working, an individual will tend to choose the latter. Of course, who is going to pay someone to do nothing? A recent Hartford Courant Op-Ed by Michael Tanner provides an answer to this question:...
by Jordan Otero | Aug 13, 2013 | Education, Features, General, State Budget, Taxes & Spending
The University of Connecticut is missing out on millions in savings because of Gov. Dannel Malloy’s agreement to forego layoffs during his first term in office. A recent study by prominent consulting firm McKinsey & Co. said the university could save at...
by Zachary Janowski | Aug 9, 2013 | Features, General, State Budget, Taxes & Spending
The cost of providing retirement benefits to state employees will rise to more than half the cost of salary and wages this year, according to estimates by Comptroller Kevin Lembo. The cost of these benefits, including pensions and health insurance for life, rose about...
by Zachary Janowski | Aug 8, 2013 | Commentary, General
An annual study out last week showed Connecticut businesses pay low taxes. True. As it was last year. If Connecticut only taxed businesses – and not people – it would have one of the lowest tax burdens in the country. However, Connecticut taxes everything people buy,...