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.

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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."

Powell, the JI, And Economic literacy

Powell, Pesci Substack The Journal Inquirer (JI), one of the last independent newspapers in Connecticut, is now a part of the Hearst Media chain. Hearst has been growing by leaps and bounds in the state during the last decade. At the same time, many newspapers in Connecticut have shrunk in size, the result, some people seem to think, of ad revenue smaller newspapers have lost to internet sites and a declining newspaper reading public. Surviving papers are now seeking to recover the lost revenue by erecting “pay walls.” Like most besieged businesses, newspapers also are attempting to recoup lost revenue through staff reductions, reductions in the size of the product – both candy bars and newspapers are much smaller than they had been in the past – and sell-offs to larger chains that operate according to the social Darwinian principles of monopolistic “red in tooth and claw” giant corporations. The first principle of the successful mega-firm is: Buy out your predator before he swallows

Down The Rabbit Hole, A Book Review

Down the Rabbit Hole How the Culture of Corrections Encourages Crime by Brent McCall & Michael Liebowitz Available at Amazon Price: $12.95/softcover, 337 pages “ Down the Rabbit Hole: How the Culture of Corrections Encourages Crime ,” a penological eye-opener, is written by two Connecticut prisoners, Brent McCall and Michael Liebowitz. Their book is an analytical work, not merely a page-turner prison drama, and it provides serious answers to the question: Why is reoffending a more likely outcome than rehabilitation in the wake of a prison sentence? The multiple answers to this central question are not at all obvious. Before picking up the book, the reader would be well advised to shed his preconceptions and also slough off the highly misleading claims of prison officials concerning the efficacy of programs developed by dusty old experts who have never had an honest discussion with a real convict. Some of the experts are more convincing cons than the cons, p

Connecticut Commentary: Red Notes from a Blue State

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