Connecticut Commentary: Red Notes from a Blue State

In most fairy tales, the way out of the dark forest is the way in -- in reverse. Sometimes the hero of the story will take care when entering the bewildering forest to lay out the way back by leaving behind markers, beans strewn on the ground, so he will not forget the entrance and exit routes. The moral of all these tales is the same: if you’ve make a mistake, reverse your errors. It is a lesson politicians in Connecticut might take to heart. With a little courage and the virtue of foresight, the lucidity of remembrance brought to bear on current difficulties, there is no difficulty that cannot be overcome. In a recent piece in National Review , senior fellow at the Manhattan Institute Stephen Eide gives us a summary view of Connecticut’s weaknesses. The top marginal income-tax rate in Connecticut now stands at 6.99 percent, Eide writes, “almost two points higher than the 5.1 percent in neighboring Massachusetts. The income tax has generated a flood of new revenues — $126 bill...