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Yankee Institute’s policy research provides objective analysis of issues facing Connecticut. Yankee Institute is committed to providing the most reliable research on state issues to assist lawmakers, taxpayers, and businesses and promote sound public policy. We partner with nationally recognized policy experts to produce in-depth policy papers while also providing more easily digestible policy briefs on a host of timely public policy issues.
EXECUTIVE SUMMARY By Ken Girardin with Daniel Gressel, Ph.D. Connecticut missed out on much of a decade-long national economic expansion. The state added essentially zero private-sector jobs between 2017 and 2019, its population was essentially
Your taxes keep rising—so why is Connecticut broke? (see pdf for complete list) Connecticut residents pay the highest taxes in the entire country, second only to New York. Next year, lawmakers must close a multi-billion-dollar
Three decades have passed since the historic budget crisis that culminated in the creation of Connecticut’s personal income tax.The tax was enacted out of desperation: a roaring private sector buoyed a multi-year explosion in state
*Click “Download PDF” for the full report* Public employee pay and benefits in Connecticut are a matter of concern and debate for policymakers, employees and citizens. Elected officials must craft budgets amidst the Covid-19 crisis
** For the full study including charts and graphs, please download the PDF** When Connecticut policymakers adopted an individual income tax in 1991, many hoped that it would take pressure off state sales taxes and
Executive Summary By its own measures, the Connecticut State Teachers’ Retirement System has unfunded liabilities of almost $17 billion; the system has 52 cents for every dollar needed to pay for benefits accrued by its members
An updated study published by the Yankee Institute on Wednesday found that Connecticut government employees earn 28 percent more than comparable private sector employees, largely due to public employees’ generous retirement benefits. That difference adds
Connecticut homeowners pay 20 percent more in property taxes than residents of its nearest neighbors, even as home values in the Nutmeg State have declined, according to a new study released Wednesday. “As a percentage
The COVID-19 pandemic has had a devastating impact on businesses, most acutely on small businesses. While businesses in the hospitality, restaurant, aviation, and retail industries appear to be the most impacted, all small businesses are
Connecticut’s teacher pension debt is officially listed at $16.8 billion, but a new study says that figure might be much higher. According to a new study published by Yankee Institute, Connecticut’s discount rate for its