The Tolls are Coming

As of today, the highways of Connecticut remain toll-less. Shortly after entering neighboring New York or Massachusetts, though, one can expect o see the overhead toll devices. The toll booths are gone and so are some of the lines. But the major intersections still get backup just the same. So why isn’t Connecticut following suit and charging folks for driving on their highways?

Well, it’s not for lack of trying. Returning tolls to Connecticut roads is an issue that is definitely on the table. If you ask Connecticut residents about it, most drivers will have an opinion, as they are the ones who stand to have their daily commutes impacted. Opinions also abound among Connecticut business owners. Tolls do make a difference to the business community, as well.

Most of the reasoning behind adding tolls to Connecticut’s roads is they will support infrastructure improvement. Still many businesses don’t find much comfort in this. They view tolls as unnecess…

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General Electric Leaving Connecticut

General Electric’s Connecticut departure: Was it increasing taxes that caused the company to flee the longtime home of their headquarters, or was there more to the story?

For 42 years, General Electric’s headquarters resided in Fairfield, Connecticut. This town of around 60,000 located about an hour and a half northeast of Manhattan, New York. In 2015, the company announced it was considering a move stating that “Retroactively raising taxes again on Connecticut’s residents, businesses and services makes businesses, including our own, and citizens seriously consider whether it makes any sense to continue to be located in this state.” In January of 2016, the company confirmed that they were planning to move the company headquarters out of state, to Boston, Massachusetts.

The Reason Why

Reports were mixed about the true reasons for the company leaving the state of Connecticut. It can’t be ignored that in June of 2015, the governor of Connecticut signed…

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Connecticut Tech Startups

Over the past few decades Connecticut has emerged as new player in the tech startup world, brushing shoulders with well known Tech Business hotspots in Silicon Valley, Chicago, and New York. Legislation on the public side and support from private companies and organizations who seek to improve Connecticut’s standing in the tech world have led to a new, thriving ecosystem for companies to flourish in. Thus, many exciting new Startups have been gaining recognition in the area.

The Connecticut Technology Council has been the champion of these Startups through a yearly award in conjunction with Marcum LLP, one of the largest independent public accounting and advisory services firms in the nation. The award, called the Marcum Tech Top 40, seeks to determine the top achievers among CT startups in six categories; Overall Best, Life Sciences, Software, Green Technologies, IT Services, and New Media/Internet/Telecom. In anticipation of the 2017 winners who will be announc…

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