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Showing posts with the label Special Transportation Fund

Fix The Hole In The Tax Bucket

  I can’t imagine how you can think philosophy and wine are similar—except in this one respect, that philosophers sell their learning as shopkeepers their wares; and most of them dilute it, too, and defraud customers  — Lucian, “The Sale Of Philosophers” Governor Ned Lamont has two serious problems. The first is his inexperience in Connecticut politics, which makes him the plaything of lean and hungry Democrat leaders who have a wealth of experience in Connecticut politics. And the second is  Red Jahncke . “First, it was diversion. Now it’s ‘interception,’” Jahncke writes in the  Connecticut Post . His article should have been titled “What a wicked web we weave when first we practice to deceive.”

Taxing Sin: We Are All Sinners Now

When a dollar moves from a private wallet to a public treasury, it is a tax. This year will be a tax bonanza for Governor Ned Lamont’s administration. Some projected tax increases have not yet been written in legislative stone, but it is possible that tax increases in the Lamont administration may exceed those of the preceding administration. Malloy raised taxes in two installments during his two terms in office; taken together, his two tax increases may represent the largest tax boost of any administration in state history. Malloy’s low approval rating upon leaving office – 25 percent -- is traceable to tax impositions, a bristly, autocratic character, and the failure of his policies to stem chronic deficits. The above definition of a tax allows us to regard the elimination of tax credits and the extension of taxes to other goods and services as tax increases. Business taxes, as we know, are transferred to consumers in the form of higher prices for goods and servi...