Legislator Resources

Below are informative press clips and studies about current legislative issues. Please feel free to check back regularly for new information. If we can support you with information on another topic, reach out to Carlos Moreno at cmoreno@workingfamilies.org.

Budgets & Taxes

Atlantic’s City Lab: Handing Out Tax Breaks to Businesses is Worse than Useless (Report on study below)

Hedge Clippers – Hedge Papers NO. 43: Connecticut Billionaires and their Lucrative Loophole

CT Voices for Children – Revenue Options are Key to Addressing Budget Shortfalls and Supporting Thriving Communities

  • Joining a regional compact to close the carried interest loophole would raise $535 million annually
  • A half percentage point increase on the marginal rate for top earners would raise $238

Saskia Sassen – The Global City: Introducing a Concept

  • Rich industries do not move. The globalized economy for high-end services (finance, PR, legal, etc.) encourages employers to cluster in areas where barriers to business are low.  In places like New York and Greenwich, finance employers not only have access to a high concentration of employable talent and potential clients, they also are surrounded by ancillary businesses they rely on for operation (prime brokers, auditors, lawyers, accountants, etc.). Employers who leave this “agglomeration economy” are essentially paying a penalty to do so, by isolating themselves from the inputs needed for their business to work.  

American Sociological Review – Millionaire Migration and Taxation of the Elite: Evidence from Administrative Data

  • Rich people don’t move for taxes – millionaire tax flight is occurring, but only at the margins of statistical and socioeconomic significance.

CT Voices for Children – Reviewing Tax Expenditures: Improving Transparency and Accountability in Over $7 Billion of Off-the-Books Public Spending

  • Everyday taxpayers pay nearly 10 times the amount paid by corporations
  • This year, tax breaks (credits, exemptions, deductions, or reductions) amounted to $7.2B dollars. That’s 70% more than in 2000.

NYTimes – Corporate Welfare Won’t Create Jobs. Opinion.

OPM and CSEA – Concepts and Data for Cost savings through In-sourcing

Connecticut’s Overreliance on Finance and Insurance

The Atlantic – Finance is Ruining America

  • Powerful analysis of CT’s over-reliance on the finance sector and its effect on the widening income gap and state budget.

Roosevelt Institute – Disgorge the Cash: The Disconnect Between Corporate Borrowing and Investment

  • Overview: In depth analysis of the inner workings of finance industry and how it affects investment in our economy. In short, “every dollar of earnings or borrowing used to be associated with a 40-cent increase in investment. Since the 1980s, though, less than 10 cents of each earned or borrowed dollar is invested. This means fewer jobs created and more money winding up as shareholders’ profits.”

Trend CT – Employment in Connecticut: The long-term trend in 10 business sectors

  • Overview: Connecticut is too reliant on the finance and insurance industries, which has been in decline since 2008, causing the state to struggle to keep pace with the rest of the country in economic growth.

Wages, Benefits, & Inequality

CT Voices – State of Working Connecticut 2016

  • Almost half of all jobs created since the start of the economic recovery have been in low-wage industries, like retail and fast food service, which pay less, and lack the benefits, predictability and flexibility of jobs past. Since 2001, the share of private-sector jobs in low-wage industries has increased by 20 percent, while the share of private-sector jobs in high-wage industries has decreased by 13 percent. Nearly half of new private sector jobs since 2010 are in low-wage industries.
  • The median and bottom 10 percent of wage-earners have seen their wages decline by more than 2 percent since 2002, while the top 10 percent have experienced growth of more than 11 percent.

Economic Policy Institute – Public-sector compensation should be a model for the private sector—instead, it’s under attack

National Employment Law Project – 2015 testimony on $15 minimum wage

Washington Post – What you’d need to earn in every state to afford a decent apartment. 2015

  • In Connecticut you need to earn $24.29/hour, or work 84 hours per week on the 2015 minimum wage to afford a two-bedroom apartment for a family.

Talk Poverty – 2016 Report on Poverty in Connecticut

  •  By the numbers look at growing income inequality trend in CT, which ranks 5th highest in the nation. CT is 47 out of 51 (50 states plus DC).

Economic Policy Institute –  Union Decline Lowers Wages of Non-Union Workers

The Atlantic – Fewer Unions, Lower Pay for Everybody

  • Low and middle income workers get paid less today than before 1970 when they had better protections.
  • Nonunion workers benefit from a strong union presence in their labor market in many ways.

RawStory – ‘I was stunned by the business’: Fast food CEO says profits soared after minimum wage hike

  • California CEO sings the praises of a $15 wage.

Immigrant Rights & Immigration Reform

New American Economy – Map the Impact of Immigrants’ Contribution to CT’s economy

Trend CT – What it means to be a sanctuary city in CT

Paid Family Leave

Connecticut Campaign for Paid Family Leave – fact sheets

National Partnership for Women and Families – Paid Leave Works in California, New Jersey and Rhode Island

Boston Consulting Group – Why Paid Family Leave Is Good Business

Center for American Progress – The Cost of Work-Family Policy Inaction

  • American families suffer $20.6 billion in lost wages due to a lack of access to paid family and medical leave annually.

Public Support for Progressive Policies

Abacus Survey: Polling on Working Families Issues

  • 75% favor passing Paid Family and Medical Leave
  • 73% favor expanding Paid Sick Days Law
  • 63% favor raising the min wage to $15
  • 83% favor closing the carried interest loophole
  • 66% prefer taxing richest HH to cover budget gap

Washington Post – Leaked documents show strong business support for raising the minimum wage. 2016

  • 80% of American business owners support raising the minimum wage and 72% support increasing parental leave policies.