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 targeted. The ads come just two months after state employees received a second 3.5 percent ...
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 to population loss show that although Connecticut’s highest earners were not the largest group of ...
Connecticut ranked 6th in the nation for loss of wealth to other states between 2017 and 2018, with a net loss of $1.13 billion in adjusted gross income as people moved out, according to figures released by the Internal Revenue Service. Where is all the money going? Florida, mostly. The ...
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 year ago, Connecticut’s outmigration rate was eighth highest. That’s according to figures analyzed by Donald ...
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 repeatedly demonstrated: that many of Connecticut’s wealthy – and even its not-so-wealthy – are packed ...