Connecticut Lawmakers Advance Proposal to Lower State Tax Rates, But Some Say it’s Not Enough

CT tax cuts

Republican legislators, the minority party in the General Assembly, and some Democrats have expressed disappointment in the tax-cutting plan presented by leaders of the Finance Revenue and Bonding Committee Connecticut’s state lawmakers have advanced a Democratic proposal to lower state income tax rates, but the plan has not satisfied some legislators who say it is … Read more

New Study Finds: Millennials Are Sabotaging Their Retirement Savings Goals With Poor Investment Decisions

Financial Finesse concluded millennials could be sabotaging their retirement savings goals

Earlier this week, a new study by Financial Finesse showed that millennials could be derailing their retirement savings goals because of poor investment or financial decisions.   Financial Finesse concluded millennials could be sabotaging their retirement savings goals A study released earlier this week by Financial Finesse found that Americans’ retirement savings goals preparation depends … Read more

California Bills Proposed to Expand Tax Credits for Low-Income Families Struggling After Pandemic

tax credit bills

Two bills aimed at expanding California’s tax credits have been authored by Democratic Assembly members Mike Gipson and Miguel Santiago. The first of the California Bills, AB 1498, would raise the minimum credit of the Earned Income Tax Credit to $300 from $1 As long as the recipient earns less than $30,000 per year, the … Read more