The Deficit, A Really Inconvenient Truth

Since February, State Comptroller Nancy Wyman wrote in her monthly budget analysis, income tax receipts have been declining. “And, based on current employment reports, I expect this trend will continue throughout the remainder of the fiscal year and will impact July accruals. Current sales tax collection patterns also suggest a shortfall in revenue.”

But never fear, Democrats intend to patch part of the hole with an amnesty program for tax delinquents, a move advocates say could infuse the next budget with more than $100 million in one-time revenue.”

To quote myself quoting former senator and governor Lowell Weicker, father of the state income tax, way back in December 2005: “The eyes of the world and of other states are on us. What have those eyes seen so far? Following the institution of a new income tax, they’ve witnessed a doubling of the state’s budget, which means a doubling of state spending, and a shift in collections from consumer sales taxes to less business friendly income taxes that drive up wages. Even the father of the state income tax, former senator and governor Lowell Weicker, emerged from obscurity a little over a year ago to register his dismay that legislators had so quickly consumed their new financial resources.

“’Where did it all go?’ an astonished Weicker asked.”

Just Remember, you heard it here first.

Comments

Casey Chadwick’s Uneasy Life after Death

Casey and her mother Wendy "I just started grief counseling. I'm always sad. I'm sad and in pain and I miss her." Wendy Hartling Hartling is the mother of Casey Chadwick, murdered in 2015 by Jean Jacques , an illegal Haitian immigrant. Jacques was convicted of the murder of Chadwick in a New London Superior Court jury trial and sentenced by Judge Barbara Bailey Jongbloed to a 60 year term in prison. Since Jacques is 44 years of age, the sentence was, in effect, a life sentence. Connecticut Commentary coverage of the Chadwick murder may be found here , and here and here . Jacques could not have been sentenced to death because Connecticut’s Democrat dominated General Assembly, under pressure from the state Supreme Court, had abolished Connecticut’s death penalty law in 2012 . The slaughter of Chadwick was particularly brutal. Her body had been found by a friend who, opening a door to a closet, discovered Chadwick stuffed in a dark corner drenched in blo...

Understanding North Korea Through Dramaturgy

The U.S. military is sending the Vinson Strike Group, including the carrier and two guided-missile destroyers, to operate in the Western Pacific Ocean in response to Pyongyang’s recent missile tests. Secretary of State Rex Tillerson, asked about the strike force, issued a terse statement: “The United States has spoken enough about North Korea. We have no further comment.” Is this a post-Syrian bombing mission? Will the US take out North Korea’s missile launching sites, possibly with the unspoken concurrence of China? Never let a bombing go to waste. There are some in the United States who think any such incident should be used to rid North Korea of that runty little totalitarian cock-of-the-walk who keeps his countrymen starved, in fear and at his knees. Since we only have one chance, they say, go for the clean sweep -- no more Kims. Connecticut Commentary is reprinting an earlier piece about the Kims here. Best read with a glass of port.

The Blumenthal Burisma Connection

Steve Hilton , a Fox News commentator who over the weekend had connected some Burisma corruption dots, had this to say about Connecticut U.S. Senator Dick Blumenthal’s association with the tangled knot of corruption in Ukraine: “We cross-referenced the Senate co-sponsors of Ed Markey's Ukraine gas bill with the list of Democrats whom Burisma lobbyist, David Leiter, routinely gave money to and found another one -- one of the most sanctimonious of them all, actually -- Sen. Richard Blumenthal."

Connecticut Commentary: Red Notes from a Blue State

Search This Blog