Submitted by gewehr44 t3_10m6iv9 in Connecticut
PorgCT t1_j621aki wrote
My educated guess is retirees are leaving for somewhere where pension income isn’t taxed, and a remote workforce from NY is moving in.
Agitated_Date2251 t1_j64sc4d wrote
Pension income tax is going away in CT— not sure about 401k tax.
SKIPPY_IS_REAL t1_j63u76m wrote
Most people I know trying to leave are in their 30's and 40's and realize that even a 15% pay cut means more buying power most other places. I am a turbine generator tester, we have lost about 30% of our workforce for this reason. I am also looking to leave the state sometime this year, but I'm not taking a pay cut, found a bigger house and my budgeted cost of living between food, electricity, insurance and taxes will be about 40% less in Charleston.
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