jobs in connecticut

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The large and beautiful state of Connecticut appears to be heading on the road with California, New York and New Jersey. The road to oblivion: the increase taxes, higher spending, higher deficits, losing population, losing their jobs, and disincentives for investors.

I lived in Westport, Connecticut for 4 years in the 70s when the state had no income tax, balanced its budget each year, and became one of the richest states of the Union. This was the case for 200 years until 1991 when Governor Lowell Weicker pushed the first tax on personal income at 4.5%, saying it would remain flat thereafter. Thus began the era of overspending and wage increases for unionized state government. Such is the case when the state becomes more revenue, it begins to move about things he never imagined in the past.

Soon after on-set of the Income Tax State went in the top 10 in per capita spending. It was a long and slow exodus of jobs, people and businesses in Connecticut and has generated no new net jobs over the past decade. Meanwhile, the nation added 22 million jobs, while next door, Wall Street was in full boom. During the last decade, the state has lost population every year except one.

In addition, state income tax has been raised to 5.5% and now the governor, Jodi Rell, has proposed an increase in revenue of 1 billion + tax by increasing the rate above 6.5% for high-income individuals to meet the expected $ 8.5 billion deficit. History shows that when you have a heavy reliance on revenue tax filers on the highest incomes, tax collection will be very unstable and will govern these fluctuations very difficult.

The governor also plans to eliminate death tax in the State which has exacerbated the loss of elderly, wealthy states without tax on inheritance. This may be a good idea, but she also plans to use money generated by increased tax income to reduce the sales tax, which is a bad idea. Again, history shows that when you cut the consumption tax, but increase taxes on investment and small businesses, it is a formula for losing more jobs.

I think if the governor just looked at what happens next to him in New York and New Jersey, she would receive a certain religion. Millionaires just evacuate when you focus on them and states like Florida, Texas, Nevada and enjoy. Connecticut may not be as bad as its sister states yet, but like them, it certainly looks like to her on the road to oblivion. At least California is now wise up.

Growing Connecticut Jobs

Gourd Maker $1.99 ...

Gourd Maker [HD] ...

Fly to New York $29.95 Fly to New York is one of the newest American titles in FlightSoft's new line of extensive flight simulator add-ons for Microsoft Flight Simulator X. FlightSoft's New York FSX title is a breathtaking new adventure in the flight sim genre. The ambitious New York title features the most popular U.S. airlines in the DC10 jetliner type, featuring award winning visual models that are meticulously rend...

To Hell in Black $2.47 ...

Point Made: How to Write Like the Nation's Top Advocates $17.30 With Point Made, legal writing expert Ross Guberman throws a life preserver to attorneys, who are under more pressure than ever to produce compelling prose. What is the strongest opening for a motion or brief? How to draft winning headings? How to tell a persuasive story when the record is dry and dense? The answers are "more science than art," says Guberman, who has analyzed stellar arguments by ...

A Day in the Life of a Colonial Miller (Library of Living and Working in Colonial Times) $21.25 Describes a day in the life of a Connecticut miller during the Revolutionary War, how his gristmill operated, how he kept his tools clean, and what happened when British troops approached....

Jobs, security, and arms in Connecticut: A study of the impact of military spending on the state ...