© 2024 Connecticut Public

FCC Public Inspection Files:
WEDH · WEDN · WEDW · WEDY · WNPR
WPKT · WRLI-FM · WEDW-FM · Public Files Contact
ATSC 3.0 FAQ
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Increases in the Income Tax

http://cptv.vo.llnwd.net/o2/ypmwebcontent/Catie/Where%20We%20Live%2008-08-2011.mp3

Income tax increases are being felt in some paychecks while tax breaks are going out to some big companies.

Those tax increases are being felt mostly by Connecticut’s wealthiest residents...and are showing up in paychecks now.  It’s an issue of “fairness” according to some - but another look at the numbers shows the state’s revenue stream is more “volatile” because of a dependence on the rich.

Meanwhile, on the jobs front, the Malloy administration is handing out big corporate incentives to lure workers - a move criticized as “overspending” by some.  Especially in a state that already has the lowest business tax burden, according to a new study.

Today, where we live, we’ll tackle tax policy with Ben Barnes the Secretary of the Office of Policy and Managment, and Governor Malloy’s budget chief, and Larry Cafero - the House Minority leader.

Budget guru Keith Phaneuf joins the conversation - and you can too.

Stand up for civility

This news story is funded in large part by Connecticut Public’s Members — listeners, viewers, and readers like you who value fact-based journalism and trustworthy information.

We hope their support inspires you to donate so that we can continue telling stories that inform, educate, and inspire you and your neighbors. As a community-supported public media service, Connecticut Public has relied on donor support for more than 50 years.

Your donation today will allow us to continue this work on your behalf. Give today at any amount and join the 50,000 members who are building a better—and more civil—Connecticut to live, work, and play.

Related Content