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Nation’s income gains strong, but Connecticut’s lag far behind


WASHINGTON – The U.S. Census Bureau’s good news that median income rose significantly in the United States last year wasn’t as cheerful for Connecticut. The state was among a dozen with the smallest rate of household median income growth in the nation, which had a robust increase of 5.2 percent. And not everybody benefited from Connecticut’s modest 1.8 percent income growth. Continue Reading →

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High-income CT sends U.S. more in taxes than it gets back

WASHINGTON – When it comes to federal dollars, is it better for Connecticut residents to give or to receive? It depends on who you ask. Connecticut is among about 14 states receiving less in federal dollars than its residents pay in federal taxes.
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