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State - Budget
CtMirror

CTNewsjunkie.com

Great Website – Refer to it often

http://ctnewsjunkie.com/ctnj.php

  

 

State Layoff Count Down Slightly by Staff Posted: Aug 5, 2011 12:37pm

Twenty-four state layoffs were rescinded over the last week to account for agencies that chose to leave vacant the positions of some recently-retired workers, placing the layoff total at 2,984 on Wednesday, the Office of Policy and Management said.

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Report: CT Business Taxes Lowest of Any State by Hugh McQuaid | Aug 4, 2011 5:38pm

Last year state and local business taxes made up only 3.3 percent of Connecticut’s private sector economic activity, making it the state with the lowest business tax burden in the country, according to a report by the Council on State Taxation.

The Washington D.C. - based nonprofit compared the corporation business tax among states along with a host of other taxes that impact businesses including property taxes, sales taxes on business inputs, and unemployment insurance as well as others.

It found that Connecticut ranked at the bottom of the country for tax burdens on businesses, well below the national average of 5 percent of private sector activity.

In a summary of the report the nonprofit think tank Connecticut Voices for Children said the findings were evidence that business taxes are not the root of the state’s persistently high unemployment rate.

“The point we’re trying to make with this report is you hear all this talk about Connecticut having the highest taxes on businesses. It’s unfounded if you look at it,” said Wade Gibson, a senior policy fellow for the group. Continued at …. http://www.ctnewsjunkie.com/ctnj.php/archives/entry/report_ct_business_taxes_lowest_of_any_state/#more

 

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Obama’s Heating Oil Cut indefensible; Okay, What About Malloy’s?

by Jonathan Pelto Posted: Aug 4, 2011 3:39pm

 

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State Fines Unregistered Companies $1.3 Million by Hugh McQuaid | Aug 4, 2011 2:10pm