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CT's financial services sector weathered the pandemic with fewer job losses than during the Great Recession

Skip to main content CTs financial services sector weathered the pandemic with fewer job losses than during the Great Recession FacebookTwitterEmail 1of12 “Historically, there has been a concentration of Darien residents in the financial-services sector,” said Darien First Selectman Jayme Stevenson. “Since the Great Recession, we have seen greater diversification of employment sectors, but financial-services employment remains strong.”Ned Gerard / Hearst Connecticut MediaShow MoreShow L...
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Source: ctpost.com

Study: This CT-based company paid no federal income taxes on its 2020 earnings

Stamford-based Charter Communications, the owner of Spectrum internet, television, and phone services, paid nothing in federal income taxes on 2020 earnings of $3.68 billion, according to a new study from the nonprofit Institute on Taxation and Economic Policy. After reviewing the telecommunications giant’s financial reports, ITEP analysts calculated that the company’s effective federal tax rate was -0.2% for last year. “As a result of legacy net operating losses, Charter’s tax burden w...
United States Institute On Taxation Department Of Economic Charter Communications Booz Allen Hamilton Duke Energy

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