Page 32 - Fiscal Analysis News Today

What have opposition parties said? Some opposition parties have urged the Government to focus on recovery from the virus crisis, which has caused one of the greatest economic shocks in history. The Scottish Conservatives have urged the Government to ensure it can deliver the pledges laid out in the Budget, with leader Douglas Ross accusing ministers of making “empty promises” over business support announced in the last few months. The party has listed nine points it wants the Scotti...

Lamont pushes to legalize marijuana in CT. But will it pass? Keith M. Phaneuf, CTMirror.org FacebookTwitterEmail This Aug. 22, 2019 photo shows medical marijuana plants being grown before flowering during a media tour of the Curaleaf medical cannabis cultivation and processing facility in Ravena, N.Y.Hans Pennink / Associated Press Gov. Ned Lamont is positioning lawmakers for a robust debate this year on legalizing and taxing the sale of marijuana for recreational use. The administration has b...

The governor's draft bill proposes taxing marijuana and erasing convictions for possession that occurred prior to Oct. 1, 2015.

UpdatedTue, Jan 19, 2021 at 1:57 pm ET Reply(1) By Scott Benjamin A noted economist insists that "there is no politically credible combination of tax reform" or "tax increases that will mitigate" a projected combined state budget deficit of at least $10 billion deficit over the next three fiscal years. University of Connecticut Finance Professor Fred Carstensen – the director of the Connecticut Council for Economic Analysis – wrote in a prepared statement to Patch.com that the state governm...

Low- and middle-income families with children would receive their largest state income tax break in nearly a decade under a new proposal to be unveiled Tuesday by the new co-chairman of the legislature’s tax-writing panel.

Low- and middle-income families with children would receive their largest state income tax break in nearly a decade under a new proposal to be unveiled Tuesday by the new co-chairman of the legislature’s tax-writing panel.

As a business reporter, I write about small businesses opening and closing, manufacturing, food and drink, labor issues and economic data. I particularly love writing about the impact of state and federal policy on local businesses. I also do some education reporting, covering colleges in southeastern Connecticut and regional K-12 issues. Erica Moser As a business reporter, I write about small businesses opening and closing, manufacturing, food and drink, labor issues and economic data. I parti...

Democrats eye tax on insurers to fund broader health reform package Cars queue for Covid-19 testing at Hartford Hospital’s drive-through sampling site on Hudson Street. Tapping into frustrations over the rising cost of health coverage and a lack of access to care, Democratic lawmakers in Connecticut are planning a package of reforms aimed at reducing expenses for people who buy their health insurance through the state’s exchange and making coverage more affordable for small businesses. At t...

By Keith M. Phaneuf // CTMirror.org • Jan 11, 2021 JOE RAEDLE / Getty Images The pandemic-induced recession has left Connecticut legislators with one of their tightest credit card limits in recent history — less than one-seventh their 2020 level. But it remains to be seen whether they’ll accept that or challenge both Gov. Ned Lamont and Wall Street to borrow more to assist colleges, businesses, municipalities and social services. “I supported the ‘debt diet’ d...

By Keith M. Phaneuf, CT Mirror The pandemic-induced recession has left Connecticut legislators with one of their tightest credit card limits in recent history — less than one-seventh their 2020 level. But it remains to be seen whether they’ll accept that or challenge both Gov. Ned Lamont and Wall Street to borrow more to assist colleges, businesses, municipalities and social services. “I supported the ‘debt diet’ during the beginning of the Lamont administration,” said...