The counter-intuitive fact is that Connecticut’s estate tax hurts everyone – and mostly hurts those who depend on state payments, not those who pay the most in taxes. We need to abandon it. Proponents of estate taxes make a number of arguments in its defense. The primary claim made for ...
Yesterday, Governor-elect Lamont’s transportation policy group, appointed by his transition team, urged him to “set aside a campaign pledge and seek electronic tolling on all vehicles and higher gasoline taxes to fund critical transportation improvements.” Governor-elect Lamont deserves the thanks of Connecticut’s taxpayers for his commitment to the vital pragmatism ...
In a recent piece, the CTMirror addressed the persistent issue of outmigration of the affluent – and whether it was a matter of fact or myth. With some reluctance, the authors concluded what Yankee has repeatedly demonstrated: that many of Connecticut’s wealthy – and even its not-so-wealthy – are packed ...
The incoming governor and legislature are already feuding about whether to raid the Rainy Day Fund to balance the books in 2019. Governor-elect Lamont is right about this: the Rainy Day Fund must be saved for the next economic downturn. The fiscal life of the state depends on it.
A minimum-wage increase is likely coming. It should arrive in the form of a home-rule option to raise the rate to some maximum and should be offset by cuts in regulatory costs on the hardest-hit businesses.