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Old 06-01-2019, 09:35 AM
 
Location: Fairfield County CT
4,456 posts, read 3,351,974 times
Reputation: 2780

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Quote:
Originally Posted by MrGompers View Post

People are not going to forgo a boat purchase to save 3% on sales tax. That's only $300 per $10,000 in price.
I worked at Albin Marine in Greenwich* which was both a boat manufacturer and sold the boats in Greenwich. Albin also had dealerships around the country. The wealthy will buy the boat from a dealer in another state if it is cheaper and I seem to remember that would usually be FL.

*In the late 1980's and early 1990's.

 
Old 06-01-2019, 08:00 PM
 
413 posts, read 317,752 times
Reputation: 368
Quote:
Originally Posted by JayCT View Post
Enough with the political BS. Both parties propose a lot of stupid stuff. Where is your criticism of the Republican's plan to borrow billions of dollars for transportation with no way to pay for it? To me, putting the state deeper in debt is stupider than some minor legislator proposing to tax non-profits. It's not going anywhere and would likely be struck down in court if it did. Jay
It's not both parties. The Republicans have not controlled the state government since 1974. That was the last time they held the governorship and both the house and senate.

So if it happened in the last 44 years, it was not Republicans that are to blame. For 24 of those 44 years, Democrats have controlled the governorship, house and senate. The other 20, the state government was divided.

So stop with the both parties are to blame nonsense. The simple fact is that Democrats have driven the agenda for the entire lifetime of anyone under 44 years old. That is an undeniable fact.

Politics play a huge role in the economic development all states. They are intertwined and cannot be separated. Prior to the Democrats coming to power, the state was an economic powerhouse. We are still living off the reside of that economic muscle. But it has diminished mightily over the past few decades. And it is fair to hold the the party that has resided over the erosion of that economy accountable for the results.
 
Old 06-02-2019, 06:31 AM
 
1,985 posts, read 1,457,005 times
Reputation: 862
Quote:
Originally Posted by CTartist View Post
I worked at Albin Marine in Greenwich* which was both a boat manufacturer and sold the boats in Greenwich. Albin also had dealerships around the country. The wealthy will buy the boat from a dealer in another state if it is cheaper and I seem to remember that would usually be FL.

*In the late 1980's and early 1990's.
Yeah it's a competition thing. RI has no sales tax on boats. A number of boat dealer have satellite dealerships in RI because of it. It's like the game with business incentives you have to be competitive with neighboring states or it doesn't work.
 
Old 06-02-2019, 06:35 AM
 
1,985 posts, read 1,457,005 times
Reputation: 862
Quote:
Originally Posted by beerbeer View Post
It's not both parties. The Republicans have not controlled the state government since 1974. That was the last time they held the governorship and both the house and senate.

So if it happened in the last 44 years, it was not Republicans that are to blame. For 24 of those 44 years, Democrats have controlled the governorship, house and senate. The other 20, the state government was divided.

So stop with the both parties are to blame nonsense. The simple fact is that Democrats have driven the agenda for the entire lifetime of anyone under 44 years old. That is an undeniable fact.

Politics play a huge role in the economic development all states. They are intertwined and cannot be separated. Prior to the Democrats coming to power, the state was an economic powerhouse. We are still living off the reside of that economic muscle. But it has diminished mightily over the past few decades. And it is fair to hold the the party that has resided over the erosion of that economy accountable for the results.
Our financial issues actually go back to the 1950's yes both parties are to blame. Part of the reason we were a powerhouse was we weren't accounting and paying for our debt and obligations properly that whole time. Look at the proposed R budgets for the past decade they are all awful and would have put that state in the same financial problems the D budgets did. Neither party in the state actually want's to deal with the pain points.
 
Old 06-02-2019, 06:43 AM
 
1,985 posts, read 1,457,005 times
Reputation: 862
Quote:
Originally Posted by JimG2 View Post
I dunno, I heard on the radio today that we are in our 8th month or so of declining home sales. They sugar coated it and tried to say that it's a sellers market and low inventory. I think many people have stopped listing their houses because they can't sell them. Nobody can afford the "median" price house because that group of people is leaving. If you go look in the Maine page, there is a guy in Enfield looking to move to Maine, can't sell his gorgeous house (he's a cabinet maker) for $250k. I drive around New Britain every day and see lots of houses with curtains drawn and 18 inch high grass.



Also heard that Stanley Black and Decker is building a new factory to employ 500 people.....in Texas


Been well advertised that a manufacturer in Waterbury said they will relocate if minimum wage got passed....it did.... more lost jobs.
Central and northern CT realestate market is fickle only decent part of the market for sellers in entry level homes (sub 200k). Here in Manchester I watched the number of listing balloon from Dec until May. But in the past month huge numbers of them seem to have sold so I'm guessing it will bump back up in the next set of reports for the town.
 
Old 06-02-2019, 06:47 AM
 
Location: Central CT, sometimes FL and NH.
4,538 posts, read 6,804,762 times
Reputation: 5985
Quote:
Originally Posted by East of the River View Post
Our financial issues actually go back to the 1950's yes both parties are to blame. Part of the reason we were a powerhouse was we weren't accounting and paying for our debt and obligations properly that whole time. Look at the proposed R budgets for the past decade they are all awful and would have put that state in the same financial problems the D budgets did. Neither party in the state actually want's to deal with the pain points.
Pensions, retirement benefits, and transportation infrastructure are the three biggies. Until legislators find a way to meaningfully address significantly reducing those costs we will remain in limbo. We are at an inelastic point in raising taxes so the answer needs to come from somewhere else. In the meantime, the legislators need to stop spending the majority of their time on easy topical legislation which distracts the public from our core problems which are fiscal in nature. Neither party has brought forward a workable plan.
 
Old 06-02-2019, 11:20 AM
 
Location: Connecticut
34,942 posts, read 56,970,098 times
Reputation: 11229
Quote:
Originally Posted by beerbeer View Post
It's not both parties. The Republicans have not controlled the state government since 1974. That was the last time they held the governorship and both the house and senate.

So if it happened in the last 44 years, it was not Republicans that are to blame. For 24 of those 44 years, Democrats have controlled the governorship, house and senate. The other 20, the state government was divided.

So stop with the both parties are to blame nonsense. The simple fact is that Democrats have driven the agenda for the entire lifetime of anyone under 44 years old. That is an undeniable fact.

Politics play a huge role in the economic development all states. They are intertwined and cannot be separated. Prior to the Democrats coming to power, the state was an economic powerhouse. We are still living off the reside of that economic muscle. But it has diminished mightily over the past few decades. And it is fair to hold the the party that has resided over the erosion of that economy accountable for the results.
Once again I have to remind you that prior to Malloy we had 16 years of Republican Governors with Rowland and Rell. It is 20 years if you consider that Lowell Weicker was a Republican before he ran for Governor as an independent. What did they do for our state?

Weicker gave us the income tax. Rowland embarrassed us with corruption and more debt. Jodi Rell borrowed money to balance her budgets putting us deeper in debt. They all ignored the growing pension problem, just kicking it further down the road for future taxpayers to deal with. How can you not blame both parties?

I am a Republican but am not blind to their lies and actions. Look at what the current Republicans propose to fund transportation. They want to borrow $69 billion over the next 30 years but have proposed no way to pay for it. It just puts us deeper in debt. How does that make sense?

So yes, both parties are to blame for our current problems. Jay
 
Old 06-02-2019, 12:57 PM
 
Location: Connecticut
5,104 posts, read 4,836,286 times
Reputation: 3636
Quote:
Originally Posted by beerbeer View Post
The sales have more than doubled.



Why don't liberals ever learn?

Once again that article does not provide sales data nor tax revenue data. On top of that the story is anecdotal and Stuart Varney is the dumbest most pompous ass on Fox news.
 
Old 06-02-2019, 04:49 PM
 
34,062 posts, read 17,081,326 times
Reputation: 17213
Quote:
Originally Posted by Lincolnian View Post
We are at an inelastic point in raising taxes so the answer needs to come from somewhere else. .
 
Old 06-02-2019, 06:39 PM
 
34,062 posts, read 17,081,326 times
Reputation: 17213
Quote:
Originally Posted by JimG2 View Post

Also heard that Stanley Black and Decker is building a new factory to employ 500 people.....in Texas

.
I'd like to see us , instead of spending billions doing brownfield remediation to create low wage, retail jobs, ask Black & Decker and Forum Plastics how much more annually they would make in Texas vs Ct, and offer them 1.5x that in incentives to build here (Black & Decker) or stay here (Forum). Stop spending billions to clean up once sites with well-paying jobs to create McJobs here.
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