Connecticut homeowners face the third-highest effective property tax rates in the country, trailing only two states, according to the Tax Foundation’s annual Property Taxes by State and County report. Connecticut’s effective property tax rate is […]
A new study from Yankee Institute, Overtime Spiking in Connecticut, presents compelling evidence of “overtime spiking” — a deliberate overuse of overtime to boost pension benefits — among state employees. The report highlights a staggering […]
The Green Monster is back. On Feb. 24, the Environment Committee unveiled H.B. 5004, a 58-page climate omnibus bill that threatens to impose costly mandates that will drive up energy bills. But this time, […]
Connecticut lawmakers are at a crossroads: use the state’s budget surplus to pay down massive pension debt or divert those funds into costly new government programs that will demand ongoing taxpayer support. Unfortunately, House Democrats […]
Good afternoon, Chairpersons, Ranking Members, and Members of the Finance Committee. My name is Carol Platt Liebau. I am the president of Yankee Institute — the eyes, ears and voice of hardworking people who want […]
Yankee Institute (YI) is calling on Gov. Ned Lamont and the General Assembly to find money for their priorities by reducing government spending on items like illegal immigration — which has cost the state $1.3 […]
The General Assembly may impose an unfunded mandate weakening municipal autonomy and stripping local control over collective bargaining — all to benefit big labor. On Thursday (Feb. 20) the Labor and Public Employees Committee heard […]
Yankee Institute stands by its assertion that Connecticut has spent at least $1.3 billion on services for illegal immigrations, a statement made by President Carol Platt Liebau during last Sunday’s edition of “This Week in […]
Thank you for the opportunity to provide testimony on SB 1293 or the An Act Requiring a Study of Electric Utilities. My name is Meghan Portfolio, and I am the Manager of Research and Analysis […]
My name is Frank Ricci and I serve as the Labor Fellow at Yankee Institute — the eyes, ears and voice of hardworking people who want a prosperous Connecticut. Our common sense solutions drive positive […]
The Connecticut State Legislature will begin its 2023 session on January 4th and will adjourn on June 7th. The “long session,” as non-election years are called in Hartford, will be centered around the biennial budget. The Office of the State Comptroller reports that state government found a way to spend $47.11 billion in 2022 and, if trends continue, we can expect that number to grow even more going forward. Concerns over energy prices, inflation, and general cost of living continue to dominate the headlines and the threat of a recession hovers over economic forecasts.
What will our elected officials be working on to improve policy outcomes for Connecticut residents? What tax reform proposals will there be? What can be done to lower home heating bills? How will state and local budgets be affected by fewer federal resources? How will schools be implementing to curriculum requirements?
While we wait to see the thousands of individual and committee bills that while dominate the myriad policy debates this year, Yankee Institute is hard at work promoting free-market solutions to the problems we face from Stamford to Putnam and Mystic to Salisbury. To that end, we have produced a new edition of our Charter for Change. The Charter provides commonsense reforms to make Connecticut’s government work for its residents.
Though the list of reforms may be exhausting to review, it is far from exhaustive! And that’s why we want to work with you to build a broad-based coalition to encourage sound policy reforms to enable Connecticut residents to forge a better future for themselves and their families.
It’s also imperative that we do so. As we noted in a report and CT Mirror op-ed last year, the debate over whether we’re in a national recession really misses the point for Connecticut residents. We had more people employed in the private sector in 2007 than we do today. Our economy has grown at one of the slowest rates in the nation for the past decade, and we are getting outpaced year after year. We’re not attracting innovation and industry. We’re losing some of our best and brightest as they seek other parts of the country where it’s easier to make a living.
But together, we can reverse this trend.
At Yankee Institute, we know Connecticut is a state with boundless opportunity, and we intend to help make our state more than a place where people are just able to make ends meet! Connecticut should be a place where everyone can thrive – and with your help, it will be.