By CHRIS POWELL If any news report in Connecticut this year should prompt an urgent response from state government, it’s the one published last week by the Hearst Connecticut newspapers about the burden of Yale University’s property tax exemption in New Haven. Awful Trump is right on crime but Connecticut is indifferent Newington raid shows Democrats want noContinue reading “Yale has become too big for its property tax break”
Tag Archives: property taxes
‘Guardrails’ have big gaps and so don’t achieve much
By Chris Powell There’s a big gap in Connecticut’s “fiscal guardrails,” the rules enacted in 2017 to require state government to save a big part of any budget surplus and apply it to its unfunded pension obligations. The gap was noted the other day in an essay in the Hartford Courant by the executive director of the ConnecticutContinue reading “‘Guardrails’ have big gaps and so don’t achieve much”
Block housing development and your taxes may go up
By Chris Powell Blame for rising property taxes in Connecticut may be shared more broadly than most people think. It’s not just the fault of elected officials who yield to the demands of special interests, particularly the demands of government employee unions for higher wages and benefits. Property taxes are determined in large part byContinue reading “Block housing development and your taxes may go up”