CT has been disinvesting in housing, education and other core programs because the state has an $88 billion pension liability to pay off.
William Buhler
Posted inCT Viewpoints
Deficient investment holds back CT’s growth
Connecticut has a lot of work to do before it can sustain a growing economy. It needs to reform its dysfunctional revenue system, for example.
Posted inCT Viewpoints
CT’s revenue shortage starves its economy
According to the just-released DRS Tax Incidence report the heaviest overall tax burden continues to fall on those in the lowest income decile.
Posted inCT Viewpoints
Connecticut’s regressive tax system is giving us a revenue problem
Despite growing numbers of wealthy residents, Connecticut has not been generating sufficient revenue to fully fund investments in housing, healthcare, transportation and education.
Posted inCT Viewpoints
Connecticut can do a better — and more profitable — job of collecting taxes
CT DRS should have a higher audit rate than other states and enough professionals to uncover increasingly sophisticated tax dodging schemes.
Posted inCT Viewpoints
Did Connecticut’s 1991 tax changes magnify inequality?
The state tax code itself is an engine of inequality which further reduces consumer spending power.
Posted inCT Viewpoints
Rebuilding Connecticut’s economy after COVID-19
Before the pandemic hit, Connecticut’s economy was in sad shape. During the 10 years leading up to 2020 the U.S. economy grew by 19% but Connecticut’s shrank by .5%. Once COVID-19 is finally behind us, we’ll need to drive up demand for jobs, raise state revenue and make investments favorable for businesses.
Posted inCT Viewpoints
Questions about Connecticut’s economic challenge — and answers
Connecticut’s ailing economy is a constant source of discussion and disagreement, so here are a few frequently asked questions about it and one researcher’s answers.
Posted inCT Viewpoints
Connecticut’s vanishing revenue
As income inequality rises, revenue declines. This is the counter-intuitive finding of states near and far from Connecticut which depend heavily on income tax. This is also why Connecticut is in the midst of another budget crisis and why more are expected.
Posted inNews
Op-Ed: Connecticut should not be manipulated by the Koch brothers
Should we continue to be manipulated by the oil billionaires, or should we heed the warnings of the climate scientists and get moving on developing less polluting energy sources?
Posted inCT Viewpoints
Op-Ed: Connecticut should not be manipulated by the Koch brothers
Should we continue to be manipulated by the oil billionaires, or should we heed the warnings of the climate scientists and get moving on developing less polluting energy sources?