The Connecticut Office of Policy and Management is searching for a vendor who could analyze and model a complicated new taxation strategy that would replace part of the income tax with a payroll tax. If implemented, the new tax structure could result in employees seeing a pay reduction of 5 ...
New Poll: Voters Say Cut Spending
Download the results from the Yankee Institute Poll now!
NEW POLL: CONNECTICUT VOTERS SAY CUT SPENDING
HARTFORD – A brushfire poll conducted by the Yankee Institute shows that Connecticut voters overwhelming favor cutting state spending over raising taxes, and are unenthusiastic about Governor Rell’s tax increase proposals.
• By 72-28 percent, voters say the state should cut spending rather than raise taxes to plug the $8 billion budget deficit.
• By 66-34 percent, voters say they would be less likely to vote for a candidate who voted to raise the income tax.
• By 54-46 percent, voters say Gov. Rell’s support for higher taxes makes them less likely to vote for her.
• 45 percent of voters say they have considered moving out of Connecticut due to the state’s high taxes.
Voters were unenthusiastic about Governor Rell’s proposed package of tax increases and tax cuts, and expressed mixed feelings:
• By 59-41 percent, voters support Gov. Rell’s proposal to cut the state sales tax from 6 to 5.5 percent.
• By 54-46 percent, voters support Gov. Rell’s proposal to eliminate the inheritance tax.
• By 53-47 percent, residents oppose Gov. Rell’s proposed 10 percent increase in the corporate tax.
• By 56-44 percent, voters support Gov. Rell’s proposal to increase income taxes on the wealthy.
• By 72-28 percent, voters support Gov. Rell’s proposal to increase the cigarette tax.
The poll of 471 Connecticut registered voters was conducted on Thursday night. It has a margin of error of 4.5 percent. Top line results, including wording of the questions, is posted here.
“Raising taxes in response to this economic downturn ignores twelve years of Connecticut’s economic and fiscal history – and will only chop any chance of recovery off at the knees. Connecticut now has an opportunity to gain wealthy residents fleeing New York City and thereby increase its high-income tax base. ...