Some In Connecticut Only See Higher TaxesSeptember 19, 2017
Connecticut holds the title as the second-most taxed state in the country.
Connecticut is still without a budget, and now Gov. Dan Malloy (D-Conn.) is now promising to veto the recently-passed bipartisan budget. Instead, he’s asking for the “courage to compromise.”
Last week, in a historic move, Democrats broke rank and voted with a united Republican Party in Connecticut’s House and Senate to pass a Republican-crafted budget:
The Senate instead passed a Republican-backed budget by a 21–15 margin, with the three Democratic deserters voting in favor of the bill. Hours later, six house Democrats joined their colleagues across the aisle to pass the same budget, even though Democrats outnumber Republicans 79–72 in that chamber.
The Republican budget has no new taxes, a huge sticking point for exhausted taxpayers and Republican leaders.
But Rep. Chris Davis, R-Ellington, argued that the agreement maintains an expensive benefits system that state government no longer can afford — even after the concessions — through 2027. And it greatly restricts the state’s ability to lay off workers mid-2021.
The Republicans have presented a bipartisan budget to the governor, and any cuts will be unpopular especially with UCONN. But massive tax increases passed a few years ago totaling $1.5 billion promised solutions that did not come to pass.
Connecticut holds the title as the second-most taxed state in the country, and as a result has watched both businesses and an exodus of taxpayers flee the state. “Connecticut’s Outmigration Problem” is no secret, and many believe it’s costing the state dearly.
Yet with high taxes and high spending continuing, Connecticut has earned a reputation as bad for business.
Over 25 years ago, state leaders tired to solve the budget crisis with an income tax, and Connecticut’s been paying ever since. All this makes the response to a Republican bipartisan budget expected. Many in the Democratic Party soundly rejected calls for cuts to state government, state spending, or meaningful long-term changes. The only path for some, it seems, is higher taxes.
Want to see more content like this?
Sign up for Email updates.