Pay discrimination that labor advocates say cheats women is targeted in a new Connecticut law that advances equal pay for comparable work rather than the decades-old standard of equal pay for equal work.
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A Goldman Sachs survey released Tuesday showed that most small businesses are concerned about inflation, and many have raised their prices due to increasing costs.
The survey found that 48% of small businesses raised the prices of their goods and services due to inflation, according to a survey by Goldman Sachs. Fully 82% of small business owners are concerned about inflation, and 83% have increased their operating costs in the past few months, the survey found.
The small business owners surveyed reported having trouble finding qualified candidates to fit roles in their company. Sixty-two percent of people surveyed cited a limited labor supply, 58% say the generous unemployment benefits, and 46% say high labor costs as the main reasons why they can’t find candidates for their company.
State lawmakers send millionaire tax question to voters
STEVE LeBLANC, Associated Press
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BOSTON (AP) Massachusetts lawmakers voted Wednesday to put the fate of a proposed “millionaire tax” constitutional amendment in the hands of voters on next year’s ballot.
The proposal passed on a 159-41 vote in a joint session of the Legislature, guaranteeing it a place on the November 2022 ballot.
In 2019, lawmakers approved the same measure by a 146-48 vote during a joint session of the Democratic-controlled Legislature. Two votes by two separate sittings of the Legislature is needed to advance a proposed constitutional amendment to the ballot.
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BOSTON (AP) Massachusetts lawmakers voted Wednesday to put the fate of a proposed “millionaire tax” constitutional amendment in the hands of voters on next year’s ballot.
The proposal passed on a 159-41 vote in a joint session of the Legislature, guaranteeing it a place on the November 2022 ballot.
In 2019, lawmakers approved the same measure by a 146-48 vote during a joint session of the Democratic-controlled Legislature. Two votes by two separate sittings of the Legislature is needed to advance a proposed constitutional amendment to the ballot.
Supporters of the measure say the proposed 4% surtax on the portion of an individual’s annual income that exceeds $1 million would generate about $2 billion in annual revenue to be used for education and transportation. The $1 million threshold would be adjusted each year to reflect cost-of-living increases.