[BPt111]

Originally Posted by Mr_250

Connecticut doing just fine. Don't believe everything you read.

We have many companies coming here left and right. This year will be a big year with many jobs created. Not low paying job, high paying jobs. We'll see a big jump in home prices because there will be so many people buying them. I can't wait too see the huge jump in wold economics Connecticut holds.

I mean Pratt bringing jobs, all the hedge funds, the bio science industry.

I can't wait!!

"Lawmakers returning to Hartford in January will be faced with either raising taxes or cutting services for the third year in a row. "

http://www.nbcconnecticut.com/news/l...401363306.html

I predict state going to have more layoffs and services cut

[RunD1987]

Hopefully they don't raise taxes, give money back to DCF/DMHAS/Local hospitals/State Police, lower tuition at State colleges, and legalize recreational marijuana.

[East of the River]

Originally Posted by RunD1987

Hopefully they don't raise taxes, give money back to DCF/DMHAS/Local hospitals/State Police, lower tuition at State colleges, and legalize recreational marijuana.

Not sure they can do that with out raising taxes. The problem is their fixed costs for state employees can be lowered some thru negotiation but any more then a 3-5% cut would likely land them in court and all the costs associated with it. So I would say taxes likely won't go up, but I expect not replacing state troopers nothing done about college intuition, letting local hospitals go corporate like Manchester , and maybe legalizing and taxing the hell out of pot.

[MrGompers]

Originally Posted by East of the River

Not sure they can do that with out raising taxes. The problem is their fixed costs for state employees can be lowered some thru negotiation but any more then a 3-5% cut would likely land them in court and all the costs associated with it. So I would say taxes likely won't go up, but I expect not replacing state troopers nothing done about college intuition, letting local hospitals go corporate like Manchester , and maybe legalizing and taxing the hell out of pot.

I said it before, but the state is not going to see significant savings on state employee pensions UNTIL the tier I retirees die and perhaps tier II. We have at least another 10 years for that to start happening in significant numbers.

There's also an option for these employees to assign their pensions to a surviving spouse in exchange for a reduction in the pension. I don't remember all the details, but maybe someone here does. Typically women live longer than men, so I would use the average life expectancy of women to make any calcs.

The employees who are currently being laid off are most likely not vested in the state pension system, so cutting them does nothing for future retirement costs. This only results in an immediate gain. Which I'm sure most people see as a positive regardless.

On the subject of marijuana if the tax is too high there will still be a black market. Same thing if the marijuana is too weak or otherwise poor quality. I hope the powers that be are aware of this.

I don't know the street price of marijuana, I'm sure if varies from region to region, but I would guess at least $300 per ounce.

I found this site, detailing marijuana prices, but don't know if its accurate at all

Pot Prices February 2016 - Connecticut Medical Marijuana Prices

[JayCT]

Originally Posted by hartford_renter

Nope our debt is more than 1.3 Billion! Try 112 Billion!!!!!!!!!!!!!!!

We are going bankrupt!

https://ballotpedia.org/Connecticut_...t_and_finances

This is not the most reliable and unbiased source so I would take it with a grain of salt. Jay

[civis]

Originally Posted by BPt111

Malloy won’t rule out tax hike | WTNH Connecticut News


I am not sure if this good idea

Connecticut approves $28 million aid package for second hedge fund in 6 months

Connecticut approves $28 million aid package for second hedge fund in 6 months | FOX 61

Here you go, government corruption at a glance. Wasting taxpayer's money on financial speculators serving "elite" and bringing nothing to the society than endless greed.

[MrGompers]

Originally Posted by BPt111

Malloy won’t rule out tax hike | WTNH Connecticut News


I am not sure if this good idea

Connecticut approves $28 million aid package for second hedge fund in 6 months

Connecticut approves $28 million aid package for second hedge fund in 6 months | FOX 61

Originally Posted by civis

Here you go, government corruption at a glance. Wasting taxpayer's money on financial speculators serving "elite" and bringing nothing to the society than endless greed.

When I see these types of stories, it makes me wonder if the state has any economists on staff. I can plow thru these numbers in 15 minutes and determine its a net loser for the state. (a.k.a. tax payers)

[hartford_renter]

Originally Posted by JayCT

This is not the most reliable and unbiased source so I would take it with a grain of salt. Jay

How about this one?

State of Connecticut Debt Clock

Or this one, which has a better breakdown says it is 67 Billion as of 2013

http://ctmirror.org/2016/05/31/pew-r...s-high-income/

[SeaDoo342]

Originally Posted by JayCT

This is not the most reliable and unbiased source so I would take it with a grain of salt. Jay

Malloy won’t rule out tax hike | WTNH Connecticut News

Is this more reliable for you?

[BPt111]

Malloy declines to rule out more state employee layoffs | WTNH Connecticut News