Weekly Economic Update 6-17-19

Hi,

Last week I had the chance to talk with NBC Connecticut’s Max Reiss about the outcome of the CT State Budget. I know many people have been worried during this process, but I believe that the state is moving towards a direction where some of these fiscal problems will be fixed. Here are a few of the announced proposals:

  • NO income tax increases
  • The full 6.35% sales tax will now apply to downloads and streaming apps like Hulu and Netflix
  • An exemption on pass-throughs impacting small businesses has been repealed

Hear the whole conversation and find out the remaining proposals here.

Joel

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