Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Connecticut
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 12-20-2017, 09:39 PM
 
2,001 posts, read 1,865,834 times
Reputation: 832

Advertisements

Quote:
Originally Posted by BPt111 View Post
Only NYC and Southern California can get away with high taxes

NYC—- world class city with gobal links, hundreds of attractions, high paying jobs, tons of entertainment etc

Southern California—- entertainment capital of world, good weather, ton of things to do, beaches, high paying jobs, nice scenery
Actually cities in Alabama, Louisiana, Chicago, Seattle and many other cities have taxes 10 percent or higher.

 
Old 12-21-2017, 06:58 PM
 
3,350 posts, read 4,168,858 times
Reputation: 1946
Quote:
Originally Posted by ayoskillz View Post
Actually cities in Alabama, Louisiana, Chicago, Seattle and many other cities have taxes 10 percent or higher.
I think you are confusing sales taxes with income and or property taxes.
 
Old 12-21-2017, 07:28 PM
 
Location: Northeast states
14,055 posts, read 13,937,277 times
Reputation: 5198
"The private sector continues to perform better than the government sector, although both lost jobs in November. The private sector shed 3,300 jobs in November and is up 2,800 for the year. The government sector lost 200 in November and 3,500 for the year."

“We definitely have a jobs crisis in this state,” said Pete Gioia, economist with the Connecticut Business and Industry Association. “Something is seriously wrong.”

Connecticut loses another 3,500 jobs in November - StamfordAdvocate
 
Old 12-21-2017, 07:31 PM
 
Location: Northeast states
14,055 posts, read 13,937,277 times
Reputation: 5198
January 2017: 1,684,000 people in nonfarm employment (+6,500 jobs)
February 2017: 1,684,100 (+100 jobs)
March 2017: 1,684,700 (+600 jobs)
April 2017: 1,681,600 (-3,100 jobs)
May 2017: 1,687,200 (+5,600 jobs)
June 2017: 1,692,800 (+5,600 jobs)
July 2017: 1,691,100 (-1,700 jobs)
August 2017: 1,686,900 (-4,200 jobs)
September 2017: 1,687,200 (+300 jobs)
October 2017: 1,681,000 (-6,200 jobs)
November 2017: 1,677,500 (-3,500 jobs)


The Connecticut economy is now back to where it was at the end of December 2016, meaning the state has, in effect, created no new net jobs in 2017.

2017 been mixed bag for CT economy little or no major gain in growth the state need 35,000 more jobs to be fully recovered.


https://reclaimct.com/for-the-5th-ti...ut-loses-jobs/
 
Old 12-21-2017, 07:36 PM
 
2,001 posts, read 1,865,834 times
Reputation: 832
Quote:
Originally Posted by Wilton2ParkAve View Post
I think you are confusing sales taxes with income and or property taxes.
No its sales. Tax
 
Old 12-21-2017, 08:01 PM
 
3,350 posts, read 4,168,858 times
Reputation: 1946
Quote:
Originally Posted by ayoskillz View Post
No its sales. Tax
No one was talking about sales taxes. We were discussing property and income taxes which have reduced deductibility going forward.
 
Old 12-22-2017, 03:36 AM
 
Location: Middle Tennessee
266 posts, read 245,583 times
Reputation: 383
Quote:
Originally Posted by BPt111 View Post
January 2017: 1,684,000 people in nonfarm employment (+6,500 jobs)
February 2017: 1,684,100 (+100 jobs)
March 2017: 1,684,700 (+600 jobs)
April 2017: 1,681,600 (-3,100 jobs)
May 2017: 1,687,200 (+5,600 jobs)
June 2017: 1,692,800 (+5,600 jobs)
July 2017: 1,691,100 (-1,700 jobs)
August 2017: 1,686,900 (-4,200 jobs)
September 2017: 1,687,200 (+300 jobs)
October 2017: 1,681,000 (-6,200 jobs)
November 2017: 1,677,500 (-3,500 jobs)


The Connecticut economy is now back to where it was at the end of December 2016, meaning the state has, in effect, created no new net jobs in 2017.

2017 been mixed bag for CT economy little or no major gain in growth the state need 35,000 more jobs to be fully recovered.


https://reclaimct.com/for-the-5th-ti...ut-loses-jobs/

Adding that people continue to migrate out of the state at record pace. This information is delayed by 1 year, but clearly the numbers keep going up.

State Migration Rates, Net Totals: 2011-2016

This link shows where people are moving

https://www.irs.gov/statistics/soi-t...data-2015-2016
 
Old 12-22-2017, 07:25 AM
 
Location: Fairfield County CT
4,454 posts, read 3,349,947 times
Reputation: 2780
https://www.yahoo.com/finance/news/r...110800113.html

"SALT
The third change that could hit wealthier homeowners is the state and local tax deduction (or SALT), which allows Americans to lower the share of their taxable federal income. The bill caps SALT at $10,000 and restricts deductions to only property taxes. "

I did not know this. It appears that we can no longer deduct our CT state taxes.
 
Old 12-22-2017, 07:30 AM
 
Location: Hartford County, CT
845 posts, read 680,429 times
Reputation: 461
Quote:
Originally Posted by CTartist View Post
https://www.yahoo.com/finance/news/r...110800113.html

"SALT
The third change that could hit wealthier homeowners is the state and local tax deduction (or SALT), which allows Americans to lower the share of their taxable federal income. The bill caps SALT at $10,000 and restricts deductions to only property taxes. "

I did not know this. It appears that we can no longer deduct our CT state taxes.
I knew this when it was thrown in. Opposed to it ever since. The law is designed to screw over blue states. It sure helps some place like New Hampshire, with no state income tax, but really hurts some place like New York, with high state and property taxes. I've been constant in my belief it's a gut kick to the Connecticut economy. If we can't get through our current budget mess, how do people think that yet another blow will suddenly magically get the government to "clean up the mess" that is our finances. If they could wave a wand and do it, they would.
 
Old 12-22-2017, 12:13 PM
 
Location: Fairfield County CT
4,454 posts, read 3,349,947 times
Reputation: 2780
Quote:
Originally Posted by ads94 View Post
I knew this when it was thrown in. Opposed to it ever since. The law is designed to screw over blue states. It sure helps some place like New Hampshire, with no state income tax, but really hurts some place like New York, with high state and property taxes. I've been constant in my belief it's a gut kick to the Connecticut economy. If we can't get through our current budget mess, how do people think that yet another blow will suddenly magically get the government to "clean up the mess" that is our finances. If they could wave a wand and do it, they would.
I think you are correct. The Republicans really threaded the needle on this tax bill and really put the screws to the blue states on both coasts.

How does New Hampshire pay to run the state if there is no state income tax. Is it all through sales taxes? Is that what CT did before Weicker began the income state income tax?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Connecticut
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top