[mdovell]

The history of policies has show us what happens when there's extremes. I'm not advocating for socialism but there has to be some encouragement to get off of systems. Maybe it's a UBI settlement. Say you add up someones assistance. Food stamps, WIC, Section 8, lifeline phone etc. Say it's even 17K. Ok fine. We'll give you 20K but YOU have to make it work. You want to pay market rate? Ok fine but it comes out of this. You want to buy a car? OK fine but there's not much left. If people can make more of their decisions for their life it can add up. Government programs almost always come with restrictions. If amazon can pay people to quit I don't see why settlements can't work here...

[beach43ofus]

Originally Posted by SteveM85

This guy doesn't exist. 500K base is a C level exec or Sr VP with bonuses higher than the base. Toys are paid with cash and any debt carried is just strategic. It could be paid off at a moments notice if they choose to do so. He may exist below 200 maybe
Even remote villagers in the Himalayas know that CT's highest earners are Wall Street,NYC, hedge funders. It's the talk of the village. You haven't uncovered anything new there.
There are so many Mercedes drivers moving in to CT lately, they lost track of the count.

CT has a net tax outflow, and has had for several years:

https://ctnewsjunkie.com/2021/01/14/...o_warmer_more/

For every 40 Mercedes that move in, 60 move out

CT has the 4th worse outflow rate in the USA after New York, New Jersey, & Illinois what do all 4 of these states have in common?

If this continues, the economic outlook will dim. As Governor Lamont said "we don't need more taxes, we need more taxpayers".

Lowering taxes would probably stop the net taxpayer outflow, but that means lowering spending. (There's an idea for a new thread).

IMHO...if Biden increases capital gains to 40%, more focus will fall upon State taxes, & states like CT, that have high taxes, will be most vulnerable.

[SteveM85]

Originally Posted by beach43ofus

CT has a net tax outflow, and has had for several years:

https://ctnewsjunkie.com/2021/01/14/...o_warmer_more/

For every 40 Mercedes that move in, 60 move out

CT has the 4th worse outflow rate in the USA after New York, New Jersey, & Illinois what do all 4 of these states have in common?

If this continues, the economic outlook will dim. As Governor Lamont said "we don't need more taxes, we need more taxpayers".

Lowering taxes would probably stop the net taxpayer outflow, but that means lowering spending. (There's an idea for a new thread).

IMHO...if Biden increases capital gains to 40%, more focus will fall upon State taxes, & states like CT, that have high taxes, will be most vulnerable.

Several years? People have been fleeing high tax states for decades. They get replaced by new taxpayers, sometimes more, sometimes less. Those same villagers in Nepal even know this too. Yet here we are still standing. Tell me something new. What's the endgame for CT? when it's all said and done. Is it a barren wasteland? Is everyone going to be down in Florida rolling in piles of cash and hoisting the Stanley Cup every year? Go ahead, I'm listening

[beach43ofus]

Originally Posted by SteveM85

Several years? People have been fleeing high tax states for decades. They get replaced by new taxpayers, sometimes more, sometimes less. Those same villagers in Nepal even know this too. Yet here we are still standing. Tell me something new. What's the endgame for CT? when it's all said and done. Is it a barren wasteland? Is everyone going to be down in Florida rolling in piles of cash and hoisting the Stanley Cup every year? Go ahead, I'm listening

I said several years, & not decades, because I'm trying not to inflame anyone's feelings here. Forgive me for trying to be sensitive.

I wouldn't ask those questions of a former resident of Detroit, if I were you. Check out my personal profile to see the places I've seen decay. I've seen this play out several times. I'm trying to caution people while there's still time. My intentions are good, & sincere. I'm rooting for Governor Lamont big time.

Our 2 Stanley cup victories, our 2020 Super Bowl win, and our 2020 World Series apearance are all off-topic, so I'm not taking that bait.

[JayCT]

Originally Posted by beach43ofus

CT has a net tax outflow, and has had for several years:

https://ctnewsjunkie.com/2021/01/14/...o_warmer_more/

For every 40 Mercedes that move in, 60 move out

CT has the 4th worse outflow rate in the USA after New York, New Jersey, & Illinois what do all 4 of these states have in common?

If this continues, the economic outlook will dim. As Governor Lamont said "we don't need more taxes, we need more taxpayers".

Lowering taxes would probably stop the net taxpayer outflow, but that means lowering spending. (There's an idea for a new thread).

IMHO...if Biden increases capital gains to 40%, more focus will fall upon State taxes, & states like CT, that have high taxes, will be most vulnerable.

Once again you are referencing flawed “studies” so your conclusions are not necessarily accurate. Below is a link to a critique of the study. To further point out how inaccurate this study is, it noted that Idaho was the most moved to state. Last I looked Idaho is not a place that a lot of people move to. How can anyone take seriously a study that makes this claim? Until data comes out from the 2020 US Census or a more comprehensive study is undertaken, you can’t make these claims with any certainty. Jay

https://www.prnewswire.com/news-rele...301200015.html

https://ethanallen.org/a-red-flag-in...n-lines-study/

[BobNJ1960]

Originally Posted by JayCT

Once again you are referencing flawed “studies” so your conclusions are not necessarily accurate. Below is a link to a critique of the study. To further point out how inaccurate this study is, it noted that Idaho was the most moved to state. Last I looked Idaho is not a place that a lot of people move to. How can anyone take seriously a study that makes this claim? Until data comes out from the 2020 US Census or a more comprehensive study is undertaken, you can’t make these claims with any certainty. Jay

https://www.prnewswire.com/news-rele...301200015.html

https://ethanallen.org/a-red-flag-in...n-lines-study/

Its quite possible, but notice the study is based off percentages, not quantities.

It states Idaho had the highest percentage of inbound moves (not quantity) vs outbound. If a state has a low total of both, it actually is easier to have a percentage higher or lower vs other states. United Van Lines, while I do like its studies, publishes based off percentages in vs out, not quantities in/out. It excludes states from the ranking, if they fail to have a minimum of 250 in/out moves annually.

The journalists covering them usually do a lousy job of stating the parameters. The website of the true Migration Study they do annually is much more explicit and detailed. On occasion, the Courant will provide more details on the study vs the Post or Register.

https://www.unitedvanlines.com/newsr...ers-study-2020

PS: Idaho's inbound, are mainly high income, and I would bet a large chunk from Washington (state) or Oregon. The state of Washington we know has had lawlessness issues in its cities in recent years, and is not a terribly lengthy move.

[JayCT]

Originally Posted by BobNJ1960

Its quite possible, but notice the study is based off percentages, not quantities.

It states Idaho had the highest percentage of inbound moves (not quantity) vs outbound. If a state has a low total of both, it actually is easier to have a percentage higher or lower vs other states. United Van Lines, while I do like its studies, publishes based off percentages in vs out, not quantities in/out. It excludes states from the ranking, if they fail to have a minimum of 250 in/out moves annually.

The journalists covering them usually do a lousy job of stating the parameters. The website of the true Migration Study they do annually is much more explicit and detailed. On occasion, the Courant will provide more details on the study vs the Post or Register.

It doesn’t matter. The study base data is not comprehensive or complete. That gives you flawed results and conclusions. In 2017 United claimed Vermont was the top state being moved to, yet it was one of three states that lost population. That makes ZERO sense. Jay

[BobNJ1960]

Originally Posted by JayCT

It doesn’t matter. The study base data is not comprehensive or complete. That gives you flawed results and conclusions. In 2017 United claimed Vermont was the top state being moved to, yet it was one of three states that lost population. That makes ZERO sense. Jay

It would not shock me if some states barely hit the 250 minimum, others may have 70 times that.

Personally, I would like to see them also show the study with a 1,000 minimum in/1,000 minimum out tier, and many states then fall out.

Some states have very little migration, in either direction. A deviation of 2 dozen more in or out can per year change small population states by 20%. In NY, 20% is likely a change of tens of thousands in or out.

The journalists covering this also did a lousy job in not stating "Based on percentages" upfront, in the heading.

These studies are expensive unless you have a great centralized database. I am familiar with United and they do have a great centralized database nationally (Meyers btw is a United Ct agent.). No one without a centralized database will do a study as it is all cost to them, w/o benefit.

[BobNJ1960]

Originally Posted by mdovell

The history of policies has show us what happens when there's extremes. I'm not advocating for socialism but there has to be some encouragement to get off of systems. Maybe it's a UBI settlement. Say you add up someones assistance. Food stamps, WIC, Section 8, lifeline phone etc. Say it's even 17K. Ok fine. We'll give you 20K but YOU have to make it work. You want to pay market rate? Ok fine but it comes out of this. You want to buy a car? OK fine but there's not much left. If people can make more of their decisions for their life it can add up. Government programs almost always come with restrictions. If amazon can pay people to quit I don't see why settlements can't work here...

Simple: Enforce all provisions of the 1990s Welfare to Work legislation, without exception. In every state. Deviations should not be allowed ever.

It was a terrific, bi-partisan approach pushed by both Gingrich & Clinton.

That would help Connecticut plus all other states.

It was the best thing Gingrich & Clinton accomplished.

[BobNJ1960]

Interesting. I had no idea nuclear components were manufactured in New Haven at any time. Impressive clean up. I hope developer has a new use already in place for the spot, after what was, no doubt, an expensive cleanup project.


https://www.nhregister.com/news/arti...rc=nhrhpdesecp