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Showing posts with the label Ivan Karamazov

Tax The Guy Behind The Tree

Don’t tax you. Don’t tax me. Tax that fellow behind the tree -- Russell Long Connecticut has suffered – precisely the right word – from three massive tax increases.   The first was the 1991 Lowell Weicker Income Tax, which sent a clear message to contiguous states and businesses both inside and outside our borders: Connecticut has surrendered a no income tax hedge that had given it an advantage over bordering states such as New York and Massachusetts; and the state had committed itself to increases in taxation and spending. The Weicker body blow was repeated twice during the administration of Governor Dannel Malloy, approval rating 28 percent. Mr. Malloy, who lame-ducked himself last week, is the author of both the largest and second largest tax increases in state history.