Polarization squeezing and nonclassical properties of light

We formulate polarization uncertainty relations and polarization squeezing criteria in a SU(2) invariant manner. In this formulation the SU(2) coherent states are the only minimum uncertainty states. We show that polarization squeezing is a nonclassical property. We analyze the relation between polarization squeezing and other nonclassical properties such as entanglement and quadrature squeezing.