Taxes hurt all Connecticut residents and today the Yankee Institute is bringing that message where it is needed most: the General Assembly. Our President Carol Platt Liebau will testify before the finance committee, which oversees tax policy. The public hearing begins at 11 a.m. in room 2E of the Legislative ...
The Connecticut budget is on autopilot – and no one’s at the wheel. State government grows more expensive each year because of expensive promises to state employees and endless borrowing. A half-billion dollar increase in spending doesn’t even cover the growth in these two areas. “We’re in the alarming position ...
Connecticut would have $5.2 billion more in its rainy day fund if lawmakers had kept spending under the state’s constitutional spending cap, according to a new Yankee Institute policy brief. The Yankee Institute is urging Gov. Malloy and state legislators to honor the cap in the next two-year budget, which ...
Connecticut in Bottom 10 For Business Tax Climate Other states, like New York, enacting significant tax reform EAST HARTFORD – While other states are starting to initiate significant tax reform, Connecticut still has not done anything to make its tax climate more business-friendly, despite its placement at the bottom of ...
New research released today by the Yankee Institute for Public Policy, in conjunction with the Liberty Foundation, shows that one in 20 Connecticut residents has given up looking for work since 2008. The state’s labor participation rate dropped 4.2 percent from 2008 to 2013, from 69 percent to 64.8 percent. ...
Connecticut was already on the hook to offer $115 million of taxpayer money to Bridgewater Associates — the Westport hedge fund with $150 billion under management — if it would move from Westport to Stamford. The move may have fallen through, but Connecticut’s taxpayers are going to take it on the chin, nonetheless. In ...