Skip to main content

Republican Party Ditched By Governor

The Harford Courant is reporting that Gov. Rell has reversed her stance on the budget from February: “… Rell would raise the state income tax to 6.5 percent on couples earning more than $1 million per year and individuals earning more than $500,000 per year. The current maximum rate is 5 percent.”

The tax increase, retroactive to Jan. 1,2009, is expected to hall in more than $1 billion in the next two years. In addition, the sales tax would be cut a half a percent to 5.5 percent.

Pointing to a survey, Rell expects the cut in the sales tax to produce 8,300 jobs.

There is no indication at present that the Democrats, who have promised to produce their own budget, will agree to any of these terms. What the new plan really does is to cut no-tax-increase Republicans out of the negotiation loop.

Comments

David Moelling said…
I'm afraid Jodi (along with many others in CT) still doesn't get it. There is a real potential for the Northeast to turn into a mini rust belt (see Maine for an example). Finance and Defense helped support bloated budgets but with both industries down (and under attack by Obama) it will be very difficult in the future.

THe myth that people in the NE will not relocate is wearing thin. The most highly compensated people will relocate leaving little to tax. Atlas may not shrug, but will call the moving van.
Anonymous said…
Dave also if obamacare passes the health insurance industry will be destroyed, guess what that does to Hartford and the Ct tax base. Can you say mini-Detroit.

Popular posts from this blog

Lamont Surprised at Suit Brought Against PURA

Marissa P. Gillett, the state's chief utility regulator, watches Gov. Ned Lamont field questions about a new approach to regulation in April 2023. Credit: MARK PAZNIOKAS / CTMIRROR.ORG Concerning a suit brought by Eversource and Avangrid, Connecticut’s energy delivery agents, against Connecticut’s Public Utility Regulatory Agency (PURA), Governor Ned Lamont surprised most of the state’s political watchers by affecting surprise.   “Look,” Lamont told a Hartford Courant reporter shortly after the suit was filed, “I think it is incredibly unhelpful,” Lamont said. “Everyone is getting mad at the umpires.   Eversource is not getting everything they want and they are bringing suit. It was a surprise to me. Nobody notified me. I think we have to do a better job of working together.”   Lamont’s claim is far less plausible than the legal claim made by Eversource and Avangrid. The contretemps between Connecticut’s energy distributors and Marissa Gillett , Gov. Ned Lamont’s ...

Maureen Dowd vs Chris Murphy

  Maureen Dowd, a longtime New York Times columnist who never has been over friendly to Donald Trump, was interviewed recently by Bill Maher, and she laid down the law, so to speak, to the Democrat Party.   In the course of a discussion with Maher on the recently released movie Snow White, “New York Times columnist Maureen Dowd declared Democrats are ‘in a coma’ while giving a blunt diagnosis of the party she argued had become off-putting to voters,” Fox News reported.   The Democrats, Dowd said, stopped "paying attention" to the long term political realignment of the working class. "Also,” she added, “they just stopped being any fun. I mean, they made everyone feel that everything they said and did, and every word was wrong, and people don't want to live like that, feeling that everything they do is wrong."   "Do you think we're over that era?" Maher asked.   “No," Dowd answered. "I think Democrats are just in a coma. Th...

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."