Connecticut Ranks 43rd In Ranking Of Business Climate

Hartford Courant ^

[matt04]

Give it another year, I'm sure some new taxes, regulations and increased energy costs should push that number right up to 50.

[PGR88]

Woo Hoo! We’re not last!

[sushiman]

I left in 1971 and never looked back ...

[2banana]

There seems to be a pattern with states in the bottom, democrats, high taxes and public unions.

[Buckeye McFrog]

Minnesota in the Top Five? Seriously??

With double-digit state income tax rates and the Democrat-Farmer-Labor-Nutjob Party running the show? Hard to believe.

[JPJones]

” Connecticut ranked higher than two other New England states — Maine, ranked 46th, and Rhode Island, ranked 50th.”

CT is textbook lesson in Laffer Curve econ.

Last year CT raised corporate taxes and MA lowered corporate taxes.

GE left CT last year for MA.

CT now has higher tax rates and less revenue, MA has lower tax rates and more revenue.

RI is mostly impoverished.

[McGruff]

Stupid democrats run the state.

[Raycpa]

As a CPA in CT working with small businesses, I say this ranking is bogus. We are at least 57th.

[Buckeye McFrog]

And Connecticut did not even have an income tax until 1992!

[fieldmarshaldj]

*CT ping*

[ChicagoConservative27]

I do not believe that about Minnesota either. Books must be cooked.

[SamAdams76]

I live in Connecticut but commute to New York to work.

Connecticut even worse than Massachusetts for business. Nice place to live if you can afford it. I'm surrounded by FOR SALE signs.

[I want the USA back]

Mallow will rise rapidly through the ranks.

[Opinionated Blowhard]

California and Connecticut are two great examples of what happens when a formerly Republican state goes full Democrat. So is Venezuela, for that matter.

[morphing libertarian]

Cal has to be 57th

[GizzyGirl]

Hey Sam, same is true down toward the Wilton area as well. Thing is, they never seem to swap to SOLD signs. Just more and more inventory... and now our town is doing real estate assessments (it’s been about 10 years) so I sure my taxes will be going up next July. They are going to price me right out of my own home! And after they do that, I won’t be able to sell it because it’s cute little starter type ranch and newcomers will have the same issue I’ll be trying to shed!

[RayChuang88]

I'll say this: the state of Connecticut MUST be concerned that ESPN is literally paying for much of the state's income tax revenue (ESPN is based in Bristol, CT). If ESPN decides to leave (and they have plenty of space at the land owned by Disney nearly Orlando, FL to accommodate the full ESPN studio setup), Connecticut would turn into a writ large version of Detroit or Baltimore.

[Gay State Conservative]

GE recently moved from CT to MA.Ouch!

[arl295]

Where does New Jersey rank? We are usually at the bottom since our taxes are so high and our politicians are so corrupt

[JPJones]

“And Connecticut did not even have an income tax until 1992!”

Did not know that!

I do know that CT is in big trouble, right now.

People and business are leaving in droves.

This happened to RI a few decades back and now RI resembles a northern Appalachia.