Connecticut Among Last States to Enjoy Tax Freedom in 2014

Tax Freedom Day, used by the Tax Foundation to illustrate just how much of our hard-earned money goes to taxes before we get our cut, comes later to Connecticut, New York and New Jersey than to any other state. 

The Tax Foundation, a non-partisan research think tank, based in Washington, DC., calls Tax Freedom Day "a vivid, calendar-based illustration of the cost of government."

And it costs residents of NJ, NY and CT plenty.

New York will be the 48th state to reach Tax Freedom Day, calculated to be May 4. New Jersey and Connecticut's date is May 9.

Tax Foundation economists calculate Tax Freedom Day using federal budget projections, data from the U.S. Census and the Bureau of Economic Analysis, and projections of state and local taxes.  

Higher-income and higher-tax states hit their mark later. Residents of Louisiana bear the lowest average tax burden in 2014—Tax Freedom Day arrived for them March 30.
John April 15, 2014 at 04:56 AM
Fairfield friend---you have NO Clue. You've been snake bit by your Liberal Biased Media. My home was entered by an intruder as I was sleeping and you know what I came out with sweetie? My Locked and Loaded 1911 45 Cal. It's on file with the PD. You Honey can state your Chicago Commie tribune all you want to. Mind you, do some research about Chicago's gun laws before you open your mouth. You haven't a clue. By the way Fairfield Sheeple,you can be carried by the 6 Pallbearers,while I'm Judged by the Six in court. Go do some investigating -----Don't open your Big Mouth ----you don't know Jack S...T
Anthony Powers April 15, 2014 at 06:44 AM
Bottom line here is CT is SHOT. Everything good about it was legislated out by liberals. Plain and simple either get taxed to death or leave.
DP April 15, 2014 at 09:32 AM
Apparently Greenwich is the cash cow for the CT Agenda. It's fitting, however, that this conclave of New York liberals who call CT home pay such an amount. Poetic justice, really. http://www.courant.com/news/connecticut/hc-where-do-other-states-get-their-tax-revenue-20140408,0,1365526.htmlpage
Creeky April 15, 2014 at 11:35 AM
I think if we go to right to work instead of closed shop, reform the DEEP to get permitting more realistic, cut all fees and taxes on business (there are a lot more than you think) and move as many state jobs to contractors as possible (including as much education as possible) we have a shot at bringing back some manufacturing (which creates a lot of solid, skilled, good paying jobs, as well as creates lots of small business opportunities -- everything from sandwich shops to job shops). We can't undo the foolishness that resulted in pension and healthcare benefits for former and current state emotes to be breaking us. But, we can stop falling for the let the rich corporations pay instead of us poor workers nonsense, which has resulted in the rich corporations going anywhere but here. But, the unions own the dems, and the dems own the legislature. Nothing will change. Dems don't lead. They don't make hard decisions. They play upon emotions. Despite their lofty claimed goals, they have become the root of evil. And, that's a mighty sad commentary from a determined independent. Dems, your entitlement programs have a proven record of creating dependency and keeping the poor poor. How do you sleep at night? Seriously, where are your ethics? Don't bring up republicans or the tea party. This is not a compare and contrast,; that's a tool of rationalization. The question is, programs like the great society destroyed black families. Head Start is actually holding children back (that one can only be a crisis of execution, but you didn't eliminate the leadership when you increased funding). Unions destroy cities. Nine of this is debatable. How do you sleep? How do you look yourselves in the mirror knowing that you harm people for personal political gain? I'm not asking the voters, they're good people with good intentions. I'm asking the filthy politicians? Don't you know right from wrong?
Paul Conti April 28, 2014 at 05:57 PM
This is really not surprising to me at all. CT, NY, and NJ have some of the most aggressive tax policies in the country. It's not just high rates either - on the business side they have some peculiar practices unique to those three states that really impose a pretty hefty burden on businesses in ways that the average taxpayer isn't even aware of. Overall it's a pretty nasty situation that's deterring people and businesses from moving to the state. A lot of other states have been reforming their tax statutes to be more friendly toward the taxpayer in order to attempt to be more attractive. I know in CT it's a pretty unpopular argument to make that we should consider going easier on businesses, but maybe if we can spin it as "creating policies to take advantage of greedy corporations" maybe people would be more inclined to listen?


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