As the members of the Tax Panel continue to deliberate about how to design a better tax structure for Connecticut, one of the ideas that comes up is a gross receipts tax in place of […]
The recent op-ed in the Courant is correct on one count: state employees are not the problem. If not state employees, then who is to blame for the seemingly perpetual state budget deficit? The problem […]
This week Gov. Dannel Malloy announced that he will invite Democratic and Republican legislative leadership to bipartisan budget talks, to try to come up with ways to cut government spending. This is a positive step, […]
The study we released today, Unequal Pay: Public Vs. Private Sector Compensation in Connecticut, shows that state employees make an average of 25 to 46 percent more than private sector workers with similar skills and […]
by Andrew BiggsSeptember 2015 A Note From the Yankee Institute Since 2011, Connecticut lawmakers have passed the two of the largest tax increases in state history. Even with this huge influx of taxpayer dollars, the state […]
Nearly half of the taxes paid by Connecticut residents are property taxes, yet many local officials don’t know how spending in their town compares with spending in other towns. Today, the Yankee Institute released a […]
Download the pdf for tables, graphs and footnotes. TAXES AT HOME: A Comparison of Municipal Spendingby Zachary Janowski with Benjamin Levy and Thurston PowersAUGUST 2015 EXECUTIVE SUMMARYHigh property taxes are a fact of life in Connecticut. Assessed at the local […]
It is not often that we find ourselves agreeing with Gov. Dannel Malloy, but he was right to veto the legislature’s efforts to put strict requirements on who can serve as the head of the […]
By 1 a.m. on June 30, most of the dark-suited lobbyists had left the Capitol building, as had the cheering union sympathizers wearing purple t-shirts inscribed with the words “Fight for $15.” In the House, […]
Budget Takes More from Middle Class While Killing Jobs by Suzanne Bates | Jun 1, 2015 | Tax and Budget | 0 comments As we near a vote on this year’s budget, it should be […]
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.