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 ...
Connecticut was ranked 47th out of 50 states for its business tax climate, a drop from 44th last year, in the latest study from the Tax Foundation.
A withering assessment of Connecticut’s economic and fiscal problems was used by The Pioneer Institute — a think-tank based in Boston — as an example of why Massachusetts should not raise taxes on high-income earners.
Should Connecticut repeal the estate and gift taxes? Should members of the military and their spouses be forced to jump through the red tape of Connecticut's occupational licensing laws? These are just two of the many bills that were debated throughout this week. Below is a run down on which bills Yankee testified on and our position.
After a long career working for international banks that specialized in developing countries, John Caracciolo decided to retire with his family in Barkhamstead for the good schools and the quiet countryside. That was six years ago. Now John is rethinking that decision.
Currently, lawmakers get the same benefits that state employees receive through contract negotiations. This gives the appearance of a conflict of interest. Instead, lawmakers should repeal this law and set their benefits separate from benefits for other state employees. Similarly, state employees in management receive the same benefits as those set by collective-bargaining agreements. Even the negotiators sitting across the table from the unions get the same benefits. Lawmakers should set the benefits of any state employees not covered by collective-bargaining agreements separately from unionized employees and by statute.