Yankee Institute Blog
The Commission on Fiscal Stability and Economic Growth — composed of Connecticut CEOs and business owners — released their much-anticipated recommendations today at the Capitol, which included a combination of tax increases, tax cuts, tolls and a $15 minimum wage.
Connecticut’s major tax increases in 2009, 2011 and 2015 may have offered the state temporary budget relief, but in the end Connecticut appears to be a little worse off than the rest of the country. According to information compiled by Pew Charitable...
An annual study by WalletHub ranked Connecticut 48th among the states for its real estate property tax burden and 43rd for its vehicle property tax costs.
In total, the 2018 study noted that the median real estate tax cost for Connecticut homeowners is $5,443 per year, while the median property tax for a vehicle is $603.
Connecticut receives more federal transportation dollars per capita than most states which have tolls on limited sections of their interstate highways, according to data collected from the Federal Highway Administration.
Approximately 150 protesters gathered outside the Connecticut Supreme Court across from the Capitol on Monday to protest Janus v. AFSCME, a free speech case being heard by the U.S. Supreme Court.
It’s easy to see the rationale behind the deal. How could offering pasty-faced Connecticut residents direct flights to Ireland fail to rake in the cash?
But things didn’t quite take off as expected so now, along with buses and trains, Connecticut is subsidizing airline travel — a sort of public transportation system for the sky.
The Connecticut Department of Transportation hit back against the Reason Foundation’s annual study of state transportation costs, which showed Connecticut had the highest administrative costs per mile in the country. In a memo circulated to legislators,...
Proponents of adding tolls to Connecticut’s highways often point to New York, Massachusetts or Pennsylvania in an effort to show Connecticut as an outlier, letting potential transportation revenue slip through the state.
But data gathered from the Federal Highway Administration paints a very different picture of highway tolling in other states, how it differs from what some Connecticut lawmakers are proposing, and who would be forced to pay for it.
Connecticut has the second highest tax burden in the nation, according to a new report by 24/7 Wall Street, which used data from the Tax Foundation.
Connecticut ranked behind New Jersey, but ahead of New York, which placed dead last in the country for its tax burden.
Last week Pelletier decided to lash out against the Commission on Fiscal Stability and Economic Growth with an op-ed in the Hartford Business Journal and some quotes in a CT Mirror story. According to her, the commission “attacks working people” because it is daring to discuss Connecticut’s financial problems and — gasp! — look at charts and graphs.