Connecticut

June 18, 2024

Part I: It May Be Better to Be Unemployed in Massachusetts than in Connecticut or New Hampshire

Connecticut, Massachusetts, and New Hampshire all rank among the 10 wealthiest states in the country. Massachusetts is third – behind Maryland and New Jersey – with a median household income of $96,505. New Hampshire has a median household income of $90,845, making...
June 13, 2024

Study Finds Prevalence of Entrepreneurship Tied to Regulatory Environment, Portion of Immigrants

The prevalence of entrepreneurship is linked to both the regulatory environment and the portion of foreign-born immigrants in a jurisdiction, according to a new study published by Pioneer Institute.
October 13, 2022

How did tax hikes work out for Connecticut?

Pioneer Institute's Charlie Chieppo shares data on the economic impact of tax increases in Connecticut - which has the 2nd highest state and local tax burden in the country and ranks 49th in private sector wage and job growth. As Massachusetts considers a proposal to raise income taxes, it is important to learn from the experience of other states. Learn more.

New Report: Massachusetts Maintains Reasonable Debt Relative to GSP

Massachusetts has more debt than any New England state. Can we afford to pay it off or will we hand it down to future generations?
January 14, 2021

New Study Finds Tax Policy Drives Connecticut’s Ongoing Fiscal & Economic Crisis

Multiple rounds of tax increases aimed at high earners and corporations triggered an exodus from Connecticut of large employers and wealthy individuals, according to a new study published by Pioneer Institute.
January 14, 2021

Connecticut’s Dangerous Game: How the Nation’s Wealthiest State Scared Off Businesses and Worsened Its Fiscal Crisis

This report presents evidence that Connecticut’s embrace of an aggressive tax policy to pay for ballooning government expenditures — including a sharp corporate tax rate increase — has been a major driver in the loss of bedrock employers. Higher corporate tax rates, combined with hikes in the personal income tax and, especially, the estate tax, also appear to be a factor driving away a growing number of the state’s wealthiest residents.
January 25, 2018

New Study Looks to Connecticut as Cautionary Tale for Impact of Proposed Ballot Initiative Hiking Taxes

Hear Greg Sullivan discuss this report on Bloomberg Radio. Raising taxes on companies and high earners has resulted in less revenue, exodus of large employers and wealthy individuals BOSTON – Proponents of a 2018 statewide ballot initiative that would add a surcharge...