"There ain't no more bottom to this bottom" -- diner wisdom How Did Rich Connecticut Morph Into One Of America's Worst Performing Economies? ” Jim Powell asked in a stunning piece in Forbes magazine more than five years ago. In the often quoted words of former Prime Minister of Britain Maggie Thatcher, the state ran out of other people’s money. Former Governor Lowell Weicker’s 1991 income tax was followed, taxpayers of Connecticut will recall, by two additional massive tax impositions, the largest and the second largest in state history, initiated by present Governor Dannel Malloy – disapproval rating 72 percent, the lowest in the nation, according to Morning Consult . With the additional taxes in hand, spending spiked. The last non-income tax budget in the William O’Neill administration was $7.5 billion, a figure that tripled within the space of four governors. These tax increases relieved the Democrat dominated General Assembly of the necessity of inst...
go home from us in peace. We seek not your counsel or your arms. Crouch down and lick the hand that feeds you;
may your chains set lightly upon you, and may posterity forget that ye were our countrymen!"
--Samuel Adams