A new Gallup poll found that nearly half Connecticut’s residents (49%) said that if they had the chance to move to a different state, they would do so. That’s more than any other state in the nation except Illinois. Given Connecticut’s high cost of living; out-of-control state government spending (despite the biggest tax hike in Connecticut’s history being signed into law just three years ago); the state’s poor business climate; and its dubious distinction of being one of the nation’s worst places to retire, perhaps it’s no wonder so many residents are fed up and ready to go.
The frustration and discouragement of Connecticut residents points to an enormous failure in state public policy. The Yankee Institute has long advocated measures designed to restore the state’s economy and reassure taxpayers that Connecticut is a great place to work and raise a family. Reducing the tax burden and eliminating regulatory red tape are important first steps in attracting businesses (and residents!) back to Connecticut. Repealing measures like mandated sick pay and forced unionization of public construction projects would demonstrate that Connecticut is committed to free enterprise and prosperity, rather than to ever-growing government. Reducing the gas tax, and repealing both the Renewable Portfolio standards and the many new taxes and fees imposed since 2011 would allow Connecticut residents to keep more of their hard-earned money. (For more, see our Action Plan).
