Economists, Labor Leaders & Elected Officials to Call for Pro-Growth, Investment Budget

Click here to watch the full press conference on CT-N

On Monday, May 18, at 11:00 a.m., a group comprised of economists, labor leaders, and elected officials will hold a press conference to urge the legislature to raise taxes on the wealthy to help mitigate the large deficits facing the state of Connecticut.

Nationwide, nearly forty percent of working people who earn less than $40,000 lost their jobs in March because of the COVID-19 pandemic. At the same time, the combined wealth of America’s billionaires increased by $282 billion, a nearly 10% increase.

While Connecticut faces massive budget deficits over the next few years because of the pandemic, elected officials will have a stark choice. They can either cut services, housing, and health care for low- and middle-income families who are suffering record unemployment, or raise taxes on the extremely wealthy who are hoarding more money than ever before.

What: Group consisting of economists, labor leaders, and elected officials to call for increasing taxes on the wealthy to resolve budget deficit

When: Monday, May 18 at 11:00 a.m.

Where: Zoom press conference

Who: Economic Policy Institute, Connecticut Voices for Children, Connecticut AFL-CIO, SEIU District 1199NE, AFSCME Council 4, and the House Progressive Democratic Caucus

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