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The Gross Receipts Tax and Why You Should Care

As the members of the Tax Panel continue to deliberate about how to design a better tax structure for Connecticut, one of the ideas that comes up is a gross receipts tax in place of the corporate income tax. Most of us are unfamiliar with the gross receipts tax, and for good reason. Our country experimented with the tax during the Great Depression and confirmed what economists have said about the gross receipts tax for nearly 300 years: It’s the worst.

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Anti-Toll Group Delivers 100,000 Petition Signatures to Gov. Ned Lamont

No Tolls CT, a grassroots organization opposed to plans by Gov. Ned Lamont and Democrat leaders to put tolls on Connecticut’s highways, delivered a message to the governor today – actually, they delivered about 100,000 messages.  Patrick Sasser and a small group of activists presented petition signatures from Connecticut residents ...

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Yankee Staff

Free Market Think Tank

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