CCEA


Seniors’ Sweet Tax Breaks Have Become a Target

The PEW Charitable Trusts – As Americans begin the challenge of filling out their tax returns this year, one taxpayer demographic generally pays less than others: senior citizens. Tax breaks for seniors cost states approximately $27 billion a year and will more than double in the next decade, according to a recent study from the progressive Center on Budget and Policy Priorities in Washington, D.C.


While CT’s reserves rise, Wall Street compensation shrinks

Hartford Business Journal – While Connecticut’s budget reserve just hit a new high, one of the driving forces behind that accomplishment may be cooling down. According to a recent report from the New York State Comptroller Thomas DiNapoli, compensation on Wall Street was down 6% last year, driven by a 17% drop in bonuses.

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One problem with empty, blighted buildings? Knowing how many there are.

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.


MGM Resorts, Encore Boston Harbor talks could rile casino waters in CT

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.