by Zachary Janowski | Jul 16, 2014 | Economy, Features, General, Taxes & Spending
The First Five, Connecticut’s signature economic development program under Gov. Dannel Malloy, prompted five CEOs to move their companies. In return, they got taxpayer funding – and a shorter commute to work. Last month, a plan to move the hedge fund Bridgewater...
by Zachary Janowski | May 28, 2014 | Economy, Features, General, Politics, State Budget, Taxes & Spending
NBC Sports is set to receive another $6 million in taxpayer funds – beyond the $20 million the company already received – in return for creating 150 new full-time jobs within five years. The State Bond Commission will consider the funding proposal from the Department...
by Zachary Janowski | May 13, 2014 | Economy, Features, General, Politics
Two of the companies highlighted in state job-creator advertisements recently contributed to the Connecticut Democratic Party’s federal account, one using its political action committee and another through top-level employees. The ads feature leaders of Jackson...
by Zachary Janowski | May 2, 2014 | Economy, Features, General, State Budget
The $400 million deal between Gov. Dannel Malloy and United Technologies Corp. will reduce state revenues over the next 15 years by at least as much as a quarter-point reduction in the corporate tax rate. The deal allows UTC to use otherwise unusable tax credits in...
by Zachary Janowski | Apr 23, 2014 | Economy, Ethics, Features, General, Politics
Carla Squatrito, founder of Carla’s Pasta in South Windsor, gave $1,000 to the Connecticut Democratic Party last month, following up on another $1,000 donation in November. Squatrito is a regular contributor to Democratic candidates and political action...
by Zachary Janowski | Apr 15, 2014 | Economy, Features, General, Health Care, Municipal, State Budget, Taxes & Spending
Construction on the Jackson Laboratory facility in Farmington is well on its way to completion thanks in part to unique treatment of the project: the lab didn’t need any local approvals. The Jackson Laboratory for Genomic Medicine will receive a $297 million...
