Gov. Ned Lamont’s state of the state address this week hit many of the right notes – Connecticut’s people need a bit of cheerfulness and optimism after eight years of the opposite. But… (You knew that was coming, didn’t you?) After listening closely to his State of the State address, ...
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.