[BPt111]

Originally Posted by hvexpatinct

Most of the state of NY is an economic disaster, but this logic gives Syracuse, Utica, etc a pass due to being on the same side of a state border with a city that is not remotely within commuting or even weekending distance. Same with the Berkshires vs Boston.

Specific to CT we can basically say that anything west of rt 8 is NYC lite and anything East is Kentucky, but it doesn't change the fact that it's the same state and currently treated as the same at the government level. Which then does raise a
an interesting question re: treating different regions of the state differently from a taxation/regulation perspective to acknowledge the change in spheres of influence. NY currently does this and it is deeply unpopular in some areas, but not on the radar of concern in others.

Old Saybrook, Glastonbury, Avon, Madison incomes are similar to Fairfield and Trumbull

[GoHuskies]

Originally Posted by hvexpatinct

Most of the state of NY is an economic disaster, but this logic gives Syracuse, Utica, etc a pass due to being on the same side of a state border with a city that is not remotely within commuting or even weekending distance. Same with the Berkshires vs Boston.

Specific to CT we can basically say that anything west of rt 8 is NYC lite and anything East is Kentucky, but it doesn't change the fact that it's the same state and currently treated as the same at the government level. Which then does raise a
an interesting question re: treating different regions of the state differently from a taxation/regulation perspective to acknowledge the change in spheres of influence. NY currently does this and it is deeply unpopular in some areas, but not on the radar of concern in others.

Tennessee is a redneck hole outside of Nashville.

Virginia is a crackwhore kept afloat by affluent DC jobs living in the north.

Appalachia hicks can't afford to get by without affluent cities carrying the load.

Etc...

Etc...

[JayCT]

Originally Posted by Sigequinox

People literally make that argument about Boston every single day on here....

...by removing its fiscal contribution to the state on CT, one could see just how dramatically asymmetrical both personal wealth and economic GDP is in the state of CT. The point of which, would be to NOT have a false sense of comfort if you live in southington or Wallingford etc. not complicated.

And yes, playing around with those numbers, say SF Bay Area, would indicate the impact that region has on the state. You would see a shift in the economic center of gravity. In CTs case, you would see steaming pile of turd at the bottom of a latrine. The difference with Boston is that it is being sustained on its own merit, not co-dependent on another metro.

In other words, MA GDP wouldn't look fundamentally different if you moved it to South Carolina. CT would be absolutely nothing if the same were true. The ONLY factor keeping CT on life support is another states economic overflow. Not exactly a winning strategy

Did you actually bother to look at the data that BobNJ1960 posted in the link below? It clearly shows affluence well beyond Fairfield County and in counties NOT tied to New York (Hartford, New Haven, Middlesex, Tolland). The median incomes in all counties are well above the national average and the per capita income in all but Windham are above the national average. Not sure why anyone would even question that. Jay

https://en.wikipedia.org/wiki/List_o..._capita_income

[JayCT]

Connecticut is a major player in the growing biotechnology field with a number of key research and development companies. Good news for the future of our state. Jay


Connecticut a major player in growing biotechnology sector - Connecticut Post

[BPt111]

Originally Posted by CTartist

That is right.

In SOME towns taxes will have to go up a lot. You can tell by what the superintendent from Southington is saying that it will devastate his town.

In my town we will take a hit but a smaller one. We were going to build a community center and that is put on hold but it won't devastate my towns schools. This entire list of cuts I put up seems arbitrary and unfair if some towns will be devastated and the big cities and most towns like mine will be affected just a little if not at all.

State Plans Funding Cuts for Dozens of School Districts - NBC Connecticut

"we're losing 20 percent to 25 percent, in this press released today, of our entire education budget," Willett said." That is crazy.
What in the world are these towns going to do taking these massive cuts?

Schools scrambling to make due following budget announcement - WFSB 3 Connecticut

Poorest districts spared some ed funding cuts, still to be hit hard by others

https://ctmirror.org/2017/08/22/poor...ard-by-others/

[westender]

Originally Posted by cttransplant85

Something I've noticed about heavily blue states is that they just don't have a large middle class, more specificly squarely middle or lower middle classes. It's all upper middle and above or dirt poor living their entire lives off social services. Where as most red states like Utah or Texas you have this large robust middle class and not as many extremely wealthy or extremely poor people, it's more equatable. I believe in part this has to do with more upward income mobility for the poor. Its a lot easier and a lot cheaper to work for yourself in those places(higher % of business owners) and they have a lot more blue collar type jobs where you don't need a degree to make a middle class wage. If you look at the states with the largest middle classes the top 10 is almost entirely comprised of red/purple states and the bottom 10 is mostally blue states and I don't believe those studies even adjust for COL.

Interesting observations.

[BPt111]

Originally Posted by westender

Interesting observations.

Republican states have highest poverty rates

[BPt111]

Restaurant Tax is consider again no solution to budget so taxes are going increase along with new taxes. Eating at CT restaurants going cost little more with restaurant tax which add more on bill 7% CT sale tax will be 8% at restaurants.

Connecticut lawmakers consider plan to increase Sales Tax

[JayCT]

It looks like Henkel has completed its move of 425 employees to Stamford. I thought it was interesting how its North American headquarters which is based in Rocky Hill has grown from 80 to 450. Jay

Henkel relocates consumer goods HQs to Stamford | HartfordBusiness.com

[kidyankee764]

Originally Posted by BPt111

Old Saybrook, Glastonbury, Avon, Madison incomes are similar to Fairfield and Trumbull

While Fairfield and Trumbull may have similar incomes on paper, Fairfield is far more affluent.