Hartford Courant – Connecticut has just begun a seven-year program to ease the tax burden on its elderly, a process that will provide nearly $170 million in annual relief by 2025.
Waterbury Republican-American – There’s no telling how many empty industrial buildings are rotting away on polluted properties in Connecticut. The brownfield inventory maintained by the Connecticut Department of Energy and Environmental Protection lists 516 sites. But state officials admit that’s not comprehensive. Sites can only land on the list after state involvement in cleanup efforts. Given the state’s long industrial history, DEEP estimates there are “probably tens of thousands” of polluted sites.
Mass Live – Even though the top executive for the Mashantucket Pequot Tribal Nation pooh-poohed the notion last week, Connecticut’s two tribal casino would be the logical buyer if MGM Resorts International sells off its downtown Springfield property, according to an expert on the regional gambling industry.
Wallet Hub – Fred Carstensen Professor of Finance, School of Business, University of Connecticut
Does the definition of a “low interest” credit card change over time?
It might, but the relevant measure is the inflation rate, the Fed interest rate policy, and the 10 year Treasury. Those are the standards for variable rates like home equity loans.