Saturday, May 25, 2019

Why Can't Connecticut's Government Cut Spending?

Why can't the government of Connecticut cut spending?  Why is the only alternatives offered each budget year are increases to the state budget, increases in both union and management state employees salaries, benefits and pensions along with new and raised taxes?  For 2019 it is no different.
This years events echoed the past eight long years of the Malloy regime.  The state has no budget deficit nor will any taxes be increased during the gubernatorial campaigns.  Immediately when the Democrats win control of all state offices through questionable election law violations, there is now a budget deficit, all new state commissioners that reek of political nepotism get pay increases and the new and increased taxes start to get listed.  The same tired arguments of the rich (however that is defined) don't ever pay enough in taxes, illegal immigrants deserve the same rights as legal Connecticut citizens and the Elitist Connecticut Democrat Party knows what good for you so shut and accept it.  This year's variation is that now tolls are the only way to repair a completely dysfunctional and not kept up highway, road and bridge system.  Yes implement tolls to add more fire to burning and failing Connecticut economy.
Debate is controlled and limited each legislative session.  The Elitist Connecticut Democrat Party tries to push through bills without any public hearing or allowing legislators to read and ask questions on bills.  Public debate is controlled as much as possible when it does not match the thought process of the Democrats.  Insults are hurled at the minority Republican legislators to put them in place and to try to silence them. 
This year the Connecticut General Assembly Conservative Caucus is fighting back questioning finally every move the Democrats are making.  An anti-toll group is fighting back against the economically irrational tolls proposal that is being shoved down the throats of Connecticut drivers.  Connecticut Taxpayers are angry and fighting back.
And nothing has been said about Connecticut's debt crisis.  A debt of $100 billion dollars in short and long term debt along with unfunded liabilities.
The Connecticut Democrat Party has to be on the defensive as their failed economic policies and political nepotism have driven Connecticut into an economic sewer of no return.  Tax and spend policies have failed the state miserably yet Connecticut Taxpayers must accept them year in and year out.  In case the Connecticut Democrat Party hasn't noticed many businesses and citizens have moved out of state over the past eight years.  It is an economic fact that the Connecticut Democrat Party is in total denial of. 
Connecticut needs a change.  The Connecticut Democrat Party has failed the state for years now.  Tax and spend policies along with tolls will continue to damage the state economically.  But it will never be understood by those political elite who have manipulated Connecticut's economy to their advantage.  Why can't the government of Connecticut cut spending? And the vote with one's feet continues unabated thanks to the Connecticut Democrat Party.


Saturday, May 18, 2019

More Connecticut Taxes-More,More,More

More Connecticut Taxes.
More, more, more.
It is a consistent theme in Connecticut.
The Connecticut Democrat Party likes to raise taxes since 1991.  They have been successful in raising them year in and year out.
The Connecticut Democrat Party likes to spend money for their political ruling class to keep them in power forever.
The Connecticut Democrat Party is not concerned in the least with the $100 billion dollars in short and long term debt along with unfunded liabilities the state currently has.
The Connecticut Democrat Party is not concerned at all with raising the minimum wage which will in effect force more businesses out of Connecticut.
The Connecticut Democrat Party does not worry about the costs of state employee union and management salaries, benefits and pensions.
The Connecticut Democrat Party are above rules and laws that govern our state-laws are meant to be broken and disregarded by them especially when election time comes.
More Connecticut Taxes.
More, more, more.
It is a consistent theme in Connecticut.
Ned Lamont in his brief time in office has also shown is a true  and loyal member of the Connecticut Democrat Party by lying during his campaign and his lack of decision making as Governor.
Ned Lamont obviously felt by investing $50 million dollars plus of his own money in all of the elections he has run he is entitled to do whatever he wants and the legal Connecticut voter and taxpayer be damned.
This entire legislative session could have been about cutting spending, cutting taxes, addressing the $100 billion dollar debt crisis and reforming state employee union and management salaries, benefits and pensions.  This was not even looked at.  Instead it was the chronic theme and new, higher taxes along with tolls will once again solve Connecticut's issues.
It doesn't and has not for years.
More Connecticut Taxes.
More, more, more.
Start voting with your feet-there are many other states better run than the oppressive and omnipotent one party rule of what was used to be "The Constitution State".   RIP Connecticut.


Saturday, May 04, 2019

The Connecticut Democrat Party Wants These New Taxes

The Connecticut House Republicans listed the possible new taxes that have been considered by the Connecticut Democrat Party led Finance Committee in 2019.  They equal roughly over $2 billion dollars more in new and higher taxes over the next two years.  This comes after the $5 billion dollars in new and higher taxes by Democrat Dan Malloy wrote into law during his failed administration.
The taxes include the following:
A new 2% Tax on Capital Gains
Property Tax Credit – Removed Scheduled Expansion
Tax for Rideshare
Increase in Sales Tax on Meals
10% Tax Increase on Alcohol
Increase Tax rate on Movies 6% to 6.35%
Eliminate 5 year, $500 credit for STEM college graduates
Tax interior design services
Tax dry-cleaning and laundry services, incl. coin-operated
Tax parking
Tax on digital downloads from 1.0% to standard 6.35% rate
Tax Safety apparel
Maintain current 10% business surcharge set to expire in tax year 2019
Tax E-Cigarettes liquid at 75% wholesale
Increase Minimum Markup on Cigarettes
Increased Sales due to Ecig Excise
Maintain Hospital User Fee at FY 2019 level of $900 million
Implement recommendation of ambulatory surgical center tax study
Surcharge on Plastic Bags of 10 cents
Increase annual filing fee for LLC’s and LLP’s from $20 to $100
Eliminate increased exemption for social security income
Eliminate exemption for pension and annuity income
Eliminate the sales tax free week
Tax legal services
Tax on accounting services
Tax on architectural services
Tax on engineering services
Tax on real estate activities and agents/brokers
Tax on veterinary services
Tax on barber shops and beauty salons
Tax on massage therapists and electrology services
Tax on sports/recreation instruction and industries
Tax on horse boarding and training
Tax on travel arrangement and scenic transportation
Tax on services to buildings and dwellings
Tax on waste collection
Tax on Renovation and repair of residential property
Tax on Repair or maintenance of vessels
Tax on Winter boat storage
Tax on Increase tax on boats from 2.99% to standard 6.35% rate
Tax Increase hotel occupancy tax from 15% to 17%
Tax on Trade-ins for vehicles
Tax on Non-prescription drugs
Tax on Text books, college & professional schools
Tax on Newspapers and magazines
Tax on Connecticut credit unions
Tax on Campground rentals
Tax on Bicycle helmets
Tax on child car seats
Tax on vegetable seeds
A new 25 cent deposit on wine and liquor glass bottles
A new Add 5 cent bottle deposit to nips
A new tax on payroll to fund state-run Family Medical Leave

These new taxes show the incredible disrespect the Connecticut Democrat Party has for Connecticut Taxpayers.
These new taxes show the incredible lack of economic knowledge the Connecticut Democrat Party has for Connecticut's miserable economy.  More taxes have not resolved Connecticut's economic problems.
These new taxes show how the $5 billion dollars in new and higher taxes the Connecticut Democrat Party shoved down the throats of Connecticut Taxpayers during the past eight years did nothing to help solve chronic budget deficits and long term debt.
Connecticut still has $100 billion dollars in short and long term debt along with unfunded liabilities that this budget does not address.  And these new taxes will not address them either.
The final budget will probably write into law some of these new miracle taxes along with increases in base taxes.
And Connecticut will continue to be last in all economic and business categories for the next four years.  More of the same stale rhetoric brought to you by the failed Connecticut Democrat Party.
 

Saturday, April 27, 2019

Can Connecticut Cut State Spending?

The Connecticut Democrat Party seems to have a habitual spending problem.  It can not, will not, must not nor it seems it ever will cut spending in Hartford.  Spending each budget year must go up it can never go down.  Tax revenues in the state continue to be unreliable as the net migration moving out continues daily along with businesses leaving the state thus lowering revenue.  The few new jobs that are being developed are at much lower wages than previous jobs (for example the Amazon warehouse jobs). The progressive/socialist wing of the Connecticut Democrat Party seems to believe that higher taxes will make the state more fair and equitable to those in need.  There is no mention by these same progressive/socialists of the Connecticut Democrat Party as to the excessive tax burden that the Connecticut working middle class must pay year in and year out.
The Connecticut Democrat Party new pitch is an additional 2% tax increase on Capital Gains.  The claim is that these wealthy citizens who receive Capital Gains can afford to pay more in taxes since they are wealthy.  How does the Connecticut Democrat Party define wealth?  Unknown to anyone but themselves.  The net impact of this yet new tax besides all of the other taxes they have proposed is to continue the net migration of population out of the state and to see yet even more businesses moving out of state.  It seems to be a never ending cycle.
High taxes negate economic growth.  However for the protected individuals of the Connecticut Democrat Party this scenario does not exist since they feed off the Connecticut Taxpayers never ending supply of money.  Wealth formation is gained through the Connecticut Democrat Party and their deals and subsidies to those politically connected with them.  Rules and laws do not apply to them.
Cutting the bloat of Connecticut state government would have been the first step in the road to economic recovery for the state.  Why couldn't Governor Lamont instruct the "exceptional" newly appointed state commissioners that all received raises in their salaries to find a way to do more with less money by cutting spending in their agencies by 10%.  This would have been a serious step in restoring the state's finances.  But instead Connecticut Taxpayers are force fed the same stale rhetoric of new and higher taxes along with now tolls will once again solve all of the state's fiscal issues.
New taxes and tolls does not improve Connecticut.
It has not and it will not.
Cutting state spending fails always on deaf ears. 
Connecticut Taxpayers must again be the serfs and economic slaves to the Connecticut Democrat Party.
Cut spending.  No Tolls.  Connecticut Taxpayers have had enough.

Saturday, April 20, 2019

Another Connecticut Tax For Drivers-Another Connecticut Double Taxation

Connecticut Democrats in their quest to tax any conceivable economically productive activity to obtain tax revenue are looking at a proposal to tax vehicles when you trade them in when purchasing a new vehicle.  Thus when you purchase a new or used vehicle in Connecticut you pay a 6.35% sales tax and now when you sell and trade in your vehicle you will pay again sales tax.  Thus another double taxation for Connecticut Taxpayers.   The purpose of this tax is to raise depending on the analysis $250 to $300 million dollars in new tax revenue.  The revenue will be used obviously to increase spending on state management and union salaries, benefits and pensions.  An example of this increase was seen this past week when an 11% pay increase was voted in for all newly unionized tax attorneys that were formerly managers who work for the State Attorney Generals Office.  Another example of where this revenue might go is towards the pay increases that were received by all of the newly appointed State Commissioners.  Yet another example of where this new revenue may go is to the State Union employees and their upcoming longevity payments on July 1. 
The costs of this new car tax will make drivers think twice on trading in their vehicles and will probably add anywhere from $635 to $2000 on the costs of purchasing a new vehicle in the state.  It will in both the short and long run decrease car and truck sales in the state while further increasing the costs of driving in Connecticut which are already influenced by high gasoline taxes, property taxes on the vehicles you own and the possibility of one of the highest amount of toils and toll rates in the country.
All this while Connecticut continues to remain at the bottom or last in all economic categories in the country with net migration and loss of population on a yearly basis.  All this while Connecticut has $100 billion dollars in short and long term debt along with unfunded liabilities.  All this while there has been no conversation in the state legislature to cut spending of any sort this session.
Thus we will see yet another Connecticut tax for drivers that is yet another Connecticut double taxation.  All this while Connecticut falls further into a never ending cycle of an economic recession fast approaching an economic depression.

Saturday, April 13, 2019

The Double Taxation Of Tolls

Tolls create a double taxation for Connecticut Taxpayers and businesses.  Toll taxes will only be passed on to consumers who are already paying toll taxes.
Here is an example.  A heating oil company must deliver oil to its customers.  For a heating oil company located in Meriden they must drive to the storage areas of New Haven to obtain their heating oil wholesale.  The drive to New Haven will entail them driving on I-91 and possibly I-95 depending on what exit they use to pick up the oil.  The tolls round trip for this may range from $4 to $8 depending upon time of day and what the state will actually charge for the tolls.  If this company must pick up heating oil on an average of 500 times per year this will increase their costs by $2000 to $4000 per year.  The heating oil in some cases will have to be transferred to other trucks and then sent out for delivery.  Based on scheduling and the needs of its customers the heating oil company will then route its truck or trucks to deliver their product.  Tolls because of their locations will be encountered by the heating oil company delivering to their customers.  Based on the number of deliveries this now adds an additional $2000 to their costs yearly depending upon time of day and what the state will actually charge for the tolls.  Taking a high end figure the heating oil company now has an additional $6000 in new costs yearly in the form of the toll taxes that have been implemented.
The heating oil company also must add an additional sales tax to the cost of their deliveries which is 6.35% that is passed to their customers due to this new tax.  The costs of tolls adds an additional five cents per gallon to the price of the heating oil.  Also the state has passed a "green tax" of roughly ten cents a gallon to heating oil to penalize them for supposedly being a non clean fuel.
The customer comes home from work from his or her job.  Their commute from Meriden to Milford now costs them an additional $20 a week or $80 per month due to the toll tax they must now pay.  They have received the bill for their heating oil delivery of 200 gallons.  Last month before the tolls and new taxes on heating oil they paid $2 a gallon or $400 for 200 gallons.  This delivery cost them $457.31, 200 gallons at $2.15 per gallon/$430 for the heating oil plus $27.31 for state sales tax on the bill.  Because of the supply and demand for heating oil the prices will fluctuate.  The customer now must come up with an additional $57.31 per month for the heating oil.  They also must come up with an additional $80 per month for the costs of the tolls.  The customer will not be getting a raise this year either due to the additional state taxes that the business they work for has to pay.
The customer must now cut costs a minimum of $137.31 per month due to the increased costs of tolls and heating oil.  However the costs at the grocery have increased dramatically also due to the new toll tax as all shipments to Connecticut have gone up with some trucking companies refusing to deliver to Connecticut due to its high taxes and tolls and also some trucking companies in the state have gone out of business since they can not make a profit here any more due to the high tolls and taxes.
The customer must now figure out a way to cut back to pay what they estimate is the additional 25% more they are paying at the grocery stores weekly for their food.  The customer figures now they have to come up with an additional $400 a month more between the toll tax and higher costs for all consumer goods they must purchase to live here in Connecticut.  They have no alternative but to eliminate their 401K contributions at work.  They have no alternative to lower their thermostats in their houses to try to save on heating oil.  They no longer spend any money on any form of entertainment or eating out.
After a year of tolls and increased prices Connecticut's economy is in a massive recession with huge budget deficits since toll revenues are not coming in at what was estimated and most non discretionary consumer spending has stopped thus lowering state sales tax revenue.  The Connecticut Democrat Party thus decides to raise tolls even higher and all other taxes even higher to make up for the shortfalls.  By the way the rest of New England is experiencing economic expansion and prosperity at this same time due to its lower taxes.
The economic example that I have described will become economic reality if toll taxes are passed.  Tolls are a form of double taxation. I urge you to contact your State Senators and State Representatives to express your concerns and opposition to tolls in Connecticut.  No tolls are needed and will damage even more a damaged state economy.  Enough is enough.

Saturday, April 06, 2019

Connecticut: No Tolls Today, No Tolls Tomorrow, No Tolls Ever

No tolls.
Not today, not tomorrow nor ever in Connecticut.
The Connecticut Democrat Party is trying to manipulate the debate on tolls.  But in my opinion they are losing.  The reason is that there is a massive amount of legal Connecticut Taxpayers who see the scam that these new tolls are and will become.
The new tolls program has no transparency.  Trying to get any information on them is limited and not readily given out to the public.  We are just told that they are needed, shut up and accept them.  Just like the state income tax in 1991.
The new tolls are needed to provide $100 billion dollars in transportation spending according to Governor Lamont.  Where does he develop this figure from?  What projects are being added and or repaired?  How many years will it take to achieve $100 billion dollars in toll revenue after expenses?  Ten years? Thirty years?  100 years?  Doesn't Connecticut already have $100 billion dollars in short and long term debt along with unfunded liabilities?  Is that economic issue going to be addressed or does it now mean we will have $200 billion dollars in short and long term debt along with unfunded liabilities?
The new tolls will cost how much to implement?  Connecticut already is at the top in the country for administrative costs to maintain our crumbling road and bridge system thus I will assume this will be the same for the costs of tolls.
The new tolls will cost Connecticut drivers how much per mile?  This figure changes daily it seems.  Will there be congestion tolling?  At what times?  What roads?  With 53 plus tolls being proposed it seems to me there will be massive shifts of costs everywhere and at all times while driving.  Thus you will never know how much it will cost to drive.
 Connecticut already has a massive amount of taxes that Connecticut drivers pay already.  A secret 8.1% gross earnings tax on fuel which equals roughly 18.8-cents per gallon of tax, along with a 25- cent gallon tax equals 43.8-cents per gallon of taxes that drivers pay for each gallon of gas they buy. The 25-cent per gallon tax alone takes in over $505 million dollars in revenue for the state.  Then add all the other state taxes one pays for motor oils, tires and maintenance of their vehicles and you have an enormous cost to operate a vehicle in Connecticut.
Tolls if implemented will only go up rapidly and often.  Bridges and roads will not be repaired.  Toll money will be funneled somewhere in the non-transparent spending schemes of the Connecticut Democrat Party.  The lies will begin just as they did for the state income tax when that was seen as an epic economic failure contributing to the economic downfall of Connecticut.  It is logical to assume that the Connecticut state government has massive spending problems.  Tolls will not solve it.  Cut spending dramatically on management and union salaries, benefits and pensions.  Cut all state agencies budgets by 10 to 15%.  Have these supposedly exceptional Commissioners find a way to save Connecticut Taxpayers monies.  This all falls on deaf ears.
No tolls today, no tolls tomorrow and no tolls ever.