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Old 05-10-2018, 06:45 PM
 
Location: Connecticut
34,933 posts, read 56,945,109 times
Reputation: 11228

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Quote:
Originally Posted by RunD1987 View Post
I am not sure high income is the greatest thing. The question is what is actually income after taxes and average COL in the State.
As I have pointed out here many times, that lower cost of living also comes with lower wages. People living in those areas, like members of my family, struggle just as much,if not more, than similar people here. Not sure why people don’t get that. Jay

 
Old 05-10-2018, 07:30 PM
 
1,888 posts, read 1,184,903 times
Reputation: 1783
Ok so we have the highest income. A small state that should be easier to manage....and yet we are cursed with some of the highest taxes and budget shortfalls and Col.
With so much money in a small state, how did we get so behind
 
Old 05-10-2018, 07:37 PM
 
Location: Northeast states
14,055 posts, read 13,934,018 times
Reputation: 5198
Quote:
Originally Posted by Stepfordct View Post
Ok so we have the highest income. A small state that should be easier to manage....and yet we are cursed with some of the highest taxes and budget shortfalls and Col.
With so much money in a small state, how did we get so behind
The question is how CT can grown as state instead looking at high income numbers.
 
Old 05-10-2018, 07:54 PM
 
2,000 posts, read 1,865,400 times
Reputation: 832
Quote:
Originally Posted by CTartist View Post
As of 2017 we are now #1. Here are two different sources for this info.

Per Capita Personal Income
https://www.bea.gov/regional/bearfac...TATE&geotype=3
"In 2017, Connecticut had a per capita personal income (PCPI) of $70,121. This PCPI ranked 1st in the United States."

Connecticut Residents No. 1 In Income
US: Connecticut Residents No. 1 In Income As State Lags - Hartford Courant
"Mar 22, 2018 - With an average annual per-capita income of more than $70,000, Connecticut residents boasted the highest personal income in the U.S. last year"

All I see are stories that say we have the worst Governor, we have the worst economy etc. and yet we have the highest incomes. Who would ever think that. How is Malloy the worst Governor if we make the highest incomes in the country? Furthermore, how do we have the "worst economy" (like I keep seeing on this site) if we have the highest incomes in the nation?
Ct should be number 1 in income and ect because its one of the most expensive states to live in
 
Old 05-10-2018, 08:29 PM
 
34,053 posts, read 17,064,521 times
Reputation: 17212
Quote:
Originally Posted by BPt111 View Post
The question is how CT can grown as state instead looking at high income numbers.
We have managed to avoid growth beautifully under Malloy (sar).
 
Old 05-10-2018, 09:26 PM
 
9,911 posts, read 7,697,498 times
Reputation: 2494
Quote:
Originally Posted by JayCT View Post
As I have pointed out here many times, that lower cost of living also comes with lower wages. People living in those areas, like members of my family, struggle just as much,if not more, than similar people here. Not sure why people don’t get that. Jay
Yes but some States offer lower taxes, lower cost of higher education, lower cost of health care, lower rental cost, average home cost, lower cost of goods/gas, and similiar to about 25% lower wage than compared to receiving in CT.
 
Old 05-10-2018, 09:30 PM
 
Location: Northeast states
14,055 posts, read 13,934,018 times
Reputation: 5198
Quote:
Originally Posted by RunD1987 View Post
Yes but some States offer lower taxes, lower cost of higher education, lower cost of health care, lower rental cost, average home cost, lower cost of goods/gas, and similiar to about 25% lower wage than compared to receiving in CT.
Labor unions which isn't widespread in the South as the Northeast so costs of living on some items will be low.
 
Old 05-10-2018, 10:01 PM
 
Location: near bears but at least no snakes
26,654 posts, read 28,682,916 times
Reputation: 50525
Quote:
Originally Posted by RunD1987 View Post
Yes but some States offer lower taxes, lower cost of higher education, lower cost of health care, lower rental cost, average home cost, lower cost of goods/gas, and similiar to about 25% lower wage than compared to receiving in CT.
I'm still new to this state but it seems that there are high pensions to pay. Nothing can be done about that, apparently. That's a drain right there. MA, especially the Boston area, has REALLY expensive housing--it makes CT look dirt cheap. It's a crowded, horrible place to try to eck out an existence. But there are advantages to living there, like culture, great restaurants, shopping, and all sorts of things to do. That's missing in Hartford. But Boston has good mass transit. What does Hartford have?

MA has lower taxes because we voted for that back in the 1970s. They can't raise the property taxes above a certain level. I don't know where they get the revenue. MA has a state income tax and a sales tax. They charge tolls on the Mass Pike. CT just seems to be lacking in any focus, anything exciting and attractive. MA probably gets a lot back due to having so many tourist attractions like the Cape and the islands. Why can't CT promote its attractions (whatever they may be.) Everything seems time worn and past its prime. A massive, sprawling suburbia dotted with dead cities and connected by treacherous highways. Does it have to be like this?
 
Old 05-10-2018, 10:02 PM
 
Location: Northeast states
14,055 posts, read 13,934,018 times
Reputation: 5198
Quote:
Originally Posted by in_newengland View Post
I'm still new to this state but it seems that there are high pensions to pay. Nothing can be done about that, apparently. That's a drain right there. MA, especially the Boston area, has REALLY expensive housing--it makes CT look dirt cheap. It's a crowded, horrible place to try to eck out an existence. But there are advantages to living there, like culture, great restaurants, shopping, and all sorts of things to do. That's missing in Hartford. But Boston has good mass transit. What does Hartford have?

MA has lower taxes because we voted for that back in the 1970s. They can't raise the property taxes above a certain level. I don't know where they get the revenue. MA has a state income tax and a sales tax. They charge tolls on the Mass Pike. CT just seems to be lacking in any focus, anything exciting and attractive. MA probably gets a lot back due to having so many tourist attractions like the Cape and the islands. Why can't CT promote its attractions (whatever they may be.) Everything seems time worn and past its prime. A massive, sprawling suburbia dotted with dead cities and connected by treacherous highways. Does it have to be like this?
Malloy, Jodi Rell, Rowland
 
Old 05-10-2018, 10:11 PM
 
Location: Northeast states
14,055 posts, read 13,934,018 times
Reputation: 5198
Positive to Connecticut: good school system, some of top rated colleges, nice suburban towns, nice parks, good pizza, access to world class cities of NYC and Boston, Metro North, not too far from state larger cities, okay beaches, weekend trips to Rhode Island, Catskills, Vermont, Adirondack, Jersey Shore, Philly, Shopping centers are close, Yale, Mystic, Lake Compounce, Foxwoods, Mohegan Sun, Nice state parks with waterfalls and relaxing,

Negatives to state: High taxes, car taxes, some cities need makeover, less attractions compare other states, government, DMV services like 1950s, cities are boring could improve, infrastructure, out of control spending, corruption

Last edited by BPt111; 05-10-2018 at 10:20 PM..
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