Posts Tagged ‘New Jersey’

Connecticut works longer to pay off taxes than any other state

Sunday, April 14, 2013 by:Maggie Gordon
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Taxes are due on Monday, which may seem a little early in Connecticut, where the average taxpayer has yet to work enough days or hours to pay off his or her tax bill for the year.

According to the folks at The Tax Foundation, Connecticut residents must work until May 13 this year in order to earn enough money to pay their total tax bill. That day, which the Foundation dubbed “Tax Freedom Day” is later than any other state in the country by an entire week.

The national Tax Freedom Day is on April 18 this year, meaning that the nation on a whole will have earned enough money to pay it total tax bill for this year 25 days before residents in the state of Connecticut are through. Here’s how the Foundation explains why April 18 is the magic day for American taxpayers this year:

In 2013, Americans will pay $2.76 trillion in federal taxes and $1.45 trillion in state taxes, for a total tax bill of $4.22 trillion, or 29.4 percent of income. April 18 is 29.4 percent, or 108 days, into the year.

In Connecticut, May 13 comes 35.4 percent into the year, which is roughly the percentage of income each worker in the Nutmeg State will have to send off for taxes this year.

Want to know who has the earliest Tax Freedom Day in the nation so you can pack your bags? That would be Louisiana and Mississippi, where residents need to work through March 29 to pay their total bill. That’s 45 before we gain our Freedom here in Connecticut.

Trending: Where Our Neighbors Are From

Wednesday, March 20, 2013 by:Maggie Gordon
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Fairfield County has grown more quickly than any other corner of Connecticut in the few years since the 2010 decennial census was issued, a new report from the U.S. Census Bureau shows. But it’s not due to births; rather the in-migration of new residents has sped up the growth of the area, even as 3,229 residents have moved out.

In Thursday’s print edition of Trending, (How our population is shifting), we examine the new residents coming to our area from Latin America. But that’s not the only influx this area has seen. Thousands of people move into Fairfield County from other parts of the country each year. In fact, about 50 people move in from these 15 counties each day.

Check out the Top 15 counties people move from to make their home in Fairfield County. And stay tuned for another list on Friday, showing which counties people move to when they leave our neck of the woods.


Nutmeggers movin’ on out

Wednesday, February 13, 2013 by:Maggie Gordon
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Screenshot of migration patterns from United Van Lines.

Connecticut has the seventh highest percentage of movers shipping out of the state in the nation, according to a recent study released by a moving company.

United Van Lines conducts a survey each year, tracking which states the company’s customers move into and out of over the course of a year, and found that 56 percent of the moves it performed in Connecticut during 2012 were customers movin’ on out.

Most of the cities with the top outbound populations can be found along the east coast, according to the moving company, which noted that “The Northeast is the most well-represented region on the high-outbound traffic list. In addition to New Jersey, New York (58 percent), Maine (56 percent) and Connecticut (56 percent) are also included” on its website.

So who took the cake? Here’s the list of the top five states movers are leaving:

  1. New Jersey – 62.3 percent
  2. Illinois – 59.5 percent
  3. West Virginia – 57.9 percent
  4. New York – 57.7 percent
  5. New Mexico – 57.6 percent

Washington, D.C., had the highest rate of in-migration, where 64 percent of moves were for people moving into the city. Surprisingly, Oregon came in second, with 61 percent of moves commissioned for new state residents.

The company has been conducting this study since 1977, and this year’s analysis included data from more than 125,000 moves, according to United. They defined states as “high inbound” if 55 percent or more of the moves are going into a state and “high outbound” if 55 percent or more moves were coming out of a state or “balanced” if the difference of inbound and outbound is negligible.

While the 56 percent may sound like a lot for Connecticut, the state shouldn’t worry about creating an ad campaign just yet; the 1,991 outbound Nutmmegers represent less than 1/20th of a percent of Connecticut’s population. Read more.

Are you surprised? Or have you seen it happen again and again? Let us know in the comments section below.

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