Reports from both lawmakers and real estate agents indicated that during the COVID-19 pandemic of 2020 and 2021, scores of wealthy New Yorkers fled the city and bought up homes in Connecticut, but numbers from […]
Connecticut Voices for Children, a New Haven-based think tank, outlined their plan to achieve economic justice through increasing taxes on Connecticut’s top earners in a report published this month and in an online presentation that […]
Connecticut continued its nearly eight-year streak of losing more residents to other states in 2019, as the state saw a net loss of more than 22,000 residents, the fifth highest number of outmigrants in the […]
A coalition of public sector unions in Connecticut are running advertisements on television and social media calling for increasing taxes on the wealthy and list off the names of Connecticut’s billionaires they feel should be […]
Connecticut saw a net loss of 9,869 income tax filers between 2017 and 2018, constituting a loss of adjusted gross income totaling $1.1 billion, according to the Internal Revenue Service. The breakdown of earnings relative […]
Newly released estimates from the U.S. Census Bureau shows Connecticut’s outmigration rate is worsening compared to the rest of the country. Connecticut’s net loss of population ranks sixth in the county for 2018. Just one […]
The latest National Movers Study by United Van Lines showed Connecticut had the third highest rate of people moving out in the nation.
According to the study, which tracks state-to-state migration patterns, 62 percent of Connecticut moves were outbound compared to 38 percent in-bound.
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 […]
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.