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Showing posts with the label millionaires tax

Unpacking the Progressive Verbiage

It is apparent, even after even a cursory study of Jodi Rell’s budget message, that Mayor of New Haven John DeStefano, slain as a gubernatorial candidate, lives on as a ghost inhabiting the body of the current governor. Rell's comments on previous budgets mark the change. At the same time, it is also apparent that Rell’s proposal to boost education spending through an increase in the income tax, rather than a tax on half-millionaires, has exposed Democrat pretensions. Sounding very much like a conservative the day after Gov. Jodi Rell’s Budget address, Democrat Speaker of House Jim Amann , touched by the performance, said of the increasingly progressive governor, “First of all, she's all wet. We raised too many taxes already or else we wouldn't have a surplus. Somebody's being overtaxed, and I think the governor should understand that. I don't need to be lectured by someone who was part of the Rowland-Rell administration. Give me a break! She's also taxing the s...

Progressive Fallacy Number One

1) We can afford things we really can’t afford if we can get a millionaire to pick up the tab . Here is an illustration of the fallacy plucked from a story written by Paul Bass for the New Haven Independent, a blogpaper: “John DeStefano is not waffling when it comes to Gov. Jodi Rell's plan to wipe out the estate tax and further enrich the state's richest 2 percent. DeStefano's opponent for the Democratic gubernatorial nomination, Dannel Malloy, has been waffling on the issue. (He's from Stamford, after all.) So DeStefano continued pressing the issue Monday at a senior center in Hartford; he called for tax breaks to help seniors afford long-term care instead of an estate tax rollback. Click here to read Christine Stuart's report. The issue, first raised on this site, represents the one real policy difference between DeStefano and Malloy.” New Haven Mayor DeStefano wants to give tax breaks to seniors – a political group both more numerous than millionaires in Connect...

Time To Cry "Wolf!"

“The rich are very different from you and me,” F. Scott Fitzgerald once said, to which Ernest Hemingway is said to have replied, “Yes, they have more money." House Speaker James Amann, D-Milford, the leader of the Democratic caucus, gets half of it. Amann understands, as do most Democrats, that the rich have more money than you and I. For this reason, and because he and the Democrats have finely honed senses of justice, Amann and his cohorts plan to relieve the rich in Connecticut of some of their assets to help pay for an ever expanding budget. Once again the state has come up short in its budget. Amazingly, there are Democrats in the state’s legislature who think they have been cutting taxes rather than spending money like the proverbial drunken sailor, though unimpeachable proof of their wild spending spree may be deduced by examining the steadily increasing bottom line of successive state budgets. The last non-income tax budget was approximately half the bottom line total of t...