Connecticut’s State Business Tax Climate is one of the worst in the nation according to a new ranking by the Tax Foundation. The Washington, D.C.- based think tank rated CT’s business tax climate as #42 […]
EAST HARTFORD – The new study by Arthur Laffer and the American Legislative Exchange Council (ALEC) is the latest independent assessment reaching the same conclusion: Connecticut’s economy is among the very worst in the nation. […]
EAST HARTFORD – Today is Tax Freedom Day in Connecticut, the day on which Connecticut residents finally stop working for the government and start working for themselves. Connecticut has the latest Tax Freedom Day of […]
It turns out that rising taxes and non-existent growth are not desirable traits for business. CEO Magazine, a trade magazine for business leaders, ranked Connecticut the 45th best (?) state for business in 2013. Texas […]
EAST HARTFORD – Connecticut has compiled a disgraceful list of lasts in recent years, as the Yankee Institute highlighted on Wednesday this week with a full page advertisement in several major CT newspapers. Yankee Institute […]
EAST HARTFORD – The Yankee Institute for Public Policy purchased a full page advertisement (PDF) in four Connecticut newspapers today to highlight the disgraceful list of lasts Connecticut has compiled in recent years. “We aren’t […]
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.