Monthly Archives: April 2017

Trump is finally almost done resigning from his businesses

Before he took office, then-President-elect Donald Trump said he had signed paperwork “turning over complete and total control” of his business empire to his sons; and his lawyer said the more than 400 businesses would be placed in a trust by Inauguration Day. Now, more than 100 days later, he’s nearly fulfilled this promise. Continue Reading →

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GOP offers alternative budget — but has much work still to do

Republican legislators unveiled a two-year budget plan that rejected controversial proposals to pass teacher pension costs onto towns and to expose nonprofit hospitals to local taxation. But the GOP plan, which also would eliminate a program to share sales tax receipts with municipalities, is out of balance by more than $1 billion because of recent, massive erosion in state income tax receipts. Continue Reading →

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Blumenthal, Murphy say White House briefing on North Korea revealed little

WASHINGTON — Sens. Richard Blumenthal and Chris Murphy on Wednesday joined all of their Senate colleagues on a bus to the White House for a classified briefing on North Korea, but they and other senators from both parties said they left without learning much new. Continue Reading →

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Trump tax overhaul would affect most CT taxpayers

WASHINGTON — The new tax plan released by the Trump administration Wednesday, would slash taxes for corporations and eliminate the estate tax, double the standard deduction and reduce the number of tax brackets from seven to three. If ever implemented, it would affect most Connecticut taxpayers. Continue Reading →

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