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Connecticut budget can’t rely on ‘the rich’
Yankee Institute for Public Policy ^ | December 20, 2017

Posted on 12/21/2017 12:30:43 PM PST by george76

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1 posted on 12/21/2017 12:30:43 PM PST by george76
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To: george76

They can’t blame Trump some way?.....................


2 posted on 12/21/2017 12:32:06 PM PST by Red Badger (Road Rage lasts 5 minutes. Road Rash lasts 5 months!.....................)
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To: george76

The Tate fortune dried up in the late 70s.


3 posted on 12/21/2017 12:36:28 PM PST by wally_bert (I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
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To: Red Badger

The rich wouldn’t be rich if they didn’t
have so much money. Who else can be tapped?
Little Tommy? Maybe if you spend less...


4 posted on 12/21/2017 12:37:30 PM PST by sparklite2 (I hereby designate the ongoing kerfuffle Diddle-Gate.)
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To: george76

Have in-laws in Connecticut.

Very Liberal.
Very well-off.

They believe that rich people should pay more in taxes. They say “Tax the rich. Tax me. I can afford it.”

They also like to brag about their accountant who is REALLY good about sheltering their money.

And, yes, they see the irony of these two positions which they hold simultaneously. They see it. And they laugh and they laugh and they laugh.


5 posted on 12/21/2017 12:38:50 PM PST by ClearCase_guy (Benedict McCain is the worst traitor ever to wear the uniform of the US military.)
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To: george76
This is the Cherry and Whip Cream on top of the Income Tax Sundae. I won't be a bit sad if my Taxes stay the same.

I want to see an insurrection of State Tax Payers. That will be local and close to home. Pass the Popcorn please.

That's how you spell

!!!Winning!!!


6 posted on 12/21/2017 12:39:52 PM PST by ImJustAnotherOkie
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To: george76

Wait until the Evil (Liberal) Rich in Silicon Valley realize that the new Tax Bill will cost them big bucks because they can’t write off the Taxes they pay in CA.

They will probably move to Reno and Telecommute.


7 posted on 12/21/2017 12:44:02 PM PST by Kickass Conservative (Islamophobia, a word created by fascists, and used by cowards, to manipulate morons.)
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To: george76

Their TAX ME TAX ME See if I care sort of looses its air when ALL the shelters are stripped away...

Kind of like the Dave Clark 5 song

Catch us if you can

READS

TAX US if you can.....WELL, maybe NOW your wish will come true..(HA HA HA)


8 posted on 12/21/2017 12:46:07 PM PST by xrmusn ((6/98)""In todays world:::WE, THE USofA are Rudyard Kiplings 'Tommy'")
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To: george76

Isn’t CT very small? Like the size of Disney World? What does this tiny state spend their money on? Highways? Isn’t the longest highway about 150 miles long?

Are some neighborhood roads paved in silver?


9 posted on 12/21/2017 12:51:59 PM PST by BarbM ( President Trump tells the truth LOUD and CLEAR)
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To: sparklite2

It’s what happens when you no longer have the ability to spend other people’s money.


10 posted on 12/21/2017 1:09:33 PM PST by longfellowsmuse (last of the living nomads)
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To: BarbM

Teachers and Administrators who drive Beamers, Union worker pensions, schools that look like palaces....


11 posted on 12/21/2017 1:12:44 PM PST by Phillyred
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To: ImJustAnotherOkie

Yup! My liberal BIL lives in a high tax New England state and called to talk to hubby about the new tax bill. Him and his wife own three properties they pay sky high taxes on that they now can’t deduct from their federal taxes...well they can but when you include this state’s income tax rate of at least 7 percent...they will go above the 10,000 very quickly.


12 posted on 12/21/2017 1:15:47 PM PST by longfellowsmuse (last of the living nomads)
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To: george76

You will never convince liberals that soaking the rich will not solve all their fiscal problems. It’s like AGW, it’s a religious belief.


13 posted on 12/21/2017 1:18:36 PM PST by colorado tanker
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To: george76

Years ago, an article in “Reader’s Digest,” titled “Soak the Rich” caught my eye. The read was good, examples of how, if the millionaire, “rich” paid 100% of their income, the government could only run a few weeks. The list was expanded to 100% of all income for those with an AGI of $500,000. The government could operate a few months. In summary, the author stated that “the middle income people must be taxed simply because there are so many of them.”
The Damnocrats feel that taxing the middle class is unfair, playing to sympathies of those who hate the rich. This is their stock and trade. I am sick of it and so happy that President Donald J. Trump is leading us in a better direction.


14 posted on 12/21/2017 1:19:48 PM PST by BatGuano (You don't think I'd go into combat with loose change in my pocket, do ya?)
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To: george76

Here in CT the leftists actually DENY people are leaving the state. Tax the rich! They don’t mind.


15 posted on 12/21/2017 1:20:53 PM PST by BlueStateRightist (Government is best which governs least.)
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To: george76

Whenever dems are in charge, they take as much money as they can from those who are producing, and give it to those who earn their living by voting democrat.

There is zero chance that the dems will change this. If the high earners leave the state, the state will just raise the tax rates and take more money from those who remain.

Democrats are incapable of acting differently.


16 posted on 12/21/2017 1:26:21 PM PST by I want the USA back (Lying Media: completely irresponsible. Complicit in the destruction of this country.)
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To: BlueStateRightist

I moved from NJ when they started to tax income.
I moved from CT when they started to tax income.
Get out of the North East or Pacific states.

“Move to a ‘right to work’ state that doesn’t tax income.

Life can be good, if you try!


17 posted on 12/21/2017 1:28:01 PM PST by BatGuano (You don't think I'd go into combat with loose change in my pocket, do ya?)
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To: george76

Life long blue state taxpayers have been leaving for some time now and its not just Connecticut. What is masking this is the huge influx of immigrants who are moving into these states for the enhanced benefits they provide. These states are in a vicious cycle of more and more taxpayers leaving and more and more welfare needy immigrants arriving to take their places. Just how sustainable it that?


18 posted on 12/21/2017 1:34:47 PM PST by RU88 (Bow to no man)
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To: ClearCase_guy

Tell your liberal Connecticut relatives to just to pay more. Write a check to Trump and CT to pay more. They are permitted to make more payments if they want.


19 posted on 12/21/2017 1:42:34 PM PST by Kozy (new age haruspex; "Everyone has a plan 'till they get punched in the mouth.")
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To: george76
Abuse the rich and you discover they have the means to go elsewhere and remove the governmental parasites.
20 posted on 12/21/2017 1:42:39 PM PST by Myrddin
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