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

Donna

I am writing this for members of my family, and for others who may be interested.   My twin sister Donna died a few hours ago of stage three lung cancer. The end came quickly and somewhat unexpectedly.   She was preceded in death by Lisa Pesci, my brother’s daughter, a woman of great courage who died still full of years, and my sister’s husband Craig Tobey Senior, who left her at a young age with a great gift: her accomplished son, Craig Tobey Jr.   My sister was a woman of great strength, persistence and humor. To the end, she loved life and those who loved her.   Her son Craig, a mere sapling when his father died, has grown up strong and straight. There is no crookedness in him. Thanks to Donna’s persistence and his own native talents, he graduated from Yale, taught school in Japan, there married Miyuki, a blessing from God. They moved to California – when that state, I may add, was yet full of opportunity – and both began to carve a living for them...

The PURA soap opera continues in Connecticut: Business eyeing the exit signs

The trouble at PURA and the two energy companies it oversees began – ages ago, it now seems – with the elevation of Marissa Gillett to the chairpersonship of Connecticut’s Public Utilities Regulation Authority.   Connecticut Commentary has previously weighed in on the controversy: PURA Pulls The Plug on November 20, 2019; The High Cost of Energy, Three Strikes and You’re Out? on December 21, 2024; PURA Head Butts the Economic Marketplace on January 3, 2025; Lamont Surprised at Suit Brought Against PURA on February 3, 2025; and Lamont’s Pillow Talk on February 22, 2025:   The melodrama full of pratfalls continues to unfold awkwardly.   It should come as no surprise that Gillett has changed the nature and practice of the state agency. She has targeted two of Connecticut’s energy facilitators – Eversource and Avangrid -- as having in the past overcharged the state for services rendered. Thanks to the Democrat controlled General Assembly, Connecticut is no l...

The Murphy Thingy

It’s the New York Post , and so there are pictures. One shows Connecticut Senator Chris Murphy canoodling with “Courier Newsroom publisher Tara McGowan, 39, last Monday by the bar at the Red Hen, located just one mile north of Capitol Hill.”   The canoodle occurred one day or night prior to Murphy’s well-advertised absence from President Donald Trump’s recent Joint Address to Congress.   Murphy has said attendance at what was essentially a “campaign rally” involving the whole U.S. Congress – though Democrat congresspersons signaled their displeasure at the event by stonily sitting on their hands during the applause lines – was inconsistent with his dignity as a significant part of the permanent opposition to Trump.   Reaching for his moral Glock Murphy recently told the Hartford Courant that Democrat Party opposition to President Donald Trump should be unrelenting and unforgiving: “I think people won’t trust you if you run a campaign saying that if Donald Trump is ...