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.
News outlets examine a variety of state health policy issues, including articles from California, Colorado, Florida, Georgia, Kansas, Louisiana, Maine, Massachusetts, New Hampshire and Oregon. Reuters: Revenue Wilted, States Rely On Cuts To Meet Budget Trapped in a revenue wasteland, U.S. states...