Hartford Courant – The study, funded by a national group that lobbies for marijuana legalization, says direct new revenue from legalization would range from $35 million to $48 million in the first year of sales to as high as $223 million in the fifth year.

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Hartford Business Journal – Just as Connecticut has taken pains to slow the trajectory of COVID-19, some are now wondering whether the state can similarly reverse its pre-pandemic economic direction.

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Hartford Business Journal – While Gov. Ned Lamont was watching his emergency business loan program max out in two days last week, administration officials were reminding disconsolate companies here that hundreds of billions of dollars in federal aid to small businesses remain to be tapped.

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Hartford Courant – Numerous Connecticut businesses began restricting or eliminating U.S. travel before Gov. Ned Lamont on Monday urged a halt to out-of-state travel, as worry over the coronavirus quickly began changing the rules of commerce.

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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.

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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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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.

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Hartford Business Journal – State government’s corporate-incentive deals have come under scrutiny in recent years, as questions have arisen about whether it’s a proper use of taxpayer money to provide loans, grants or tax breaks to private-sector enterprises.

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Hartford Business Journal – Data centers are seen as powerful economic drivers that allow cities, regions and states to generate jobs and tax revenue.However, Connecticut has largely missed out on opportunities to land such high-tech facilities.

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