NY vs. FL: Tax differences

Property tax rate: FL 9.8 mills, CT 20.7 mills.   Median cost of a house: FL $179K, CT $270K.

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Farmington medical company set to leave CT

Moving nearly 150 Connecticut jobs to Richmond, Virginia or Jacksonville, Florida.

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Federal Revenues Hit All-Time Highs Under Tax Cuts

When will Hartford listen?

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What Good is a Transportation Lockbox?

CT DOT will no longer report $250 million in transportation spending as “administrative costs” and instead report it as “Expenditures for Non-Transportation Services.”

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Will a New Tax Stop Connecticut’s Brain Drain?

Legislature expects “mansion tax” to raise $6.3M; same group expects plastic bag tax to raise $27M.

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Jobs Slide Extends to Third Month

For the year, Connecticut is down 0.2% while Massachusetts is at 0.8% job growth and the U.S. overall is at 0.8% growth.

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Fewer In-State Students at CT’s Public Universities

Prediction is that fewer graduates will remain in state after seeing tax bite.

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CT DOT Pays 3x More Than Other States Do

$209K per lane-mile of roads vs US average of $71K.  We need a negotiator.

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Unintended Consequences of the Plastic Bag Tax

“The cost of recycling is going out of control and paper bags weigh more than plastic, so it’s going to end up costing communities a…

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Economist reacts to taxpayers fleeing to Florida because of high state taxes

He said there are “four states of the apocalypse”  which have the most residents fleeing over high taxes and huge budget problems.

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