Saturday, December 22, 2018

Connecticut's Misguided Tolls

Tolls here.  Tolls there.  Tolls everywhere.  New union jobs here.  New union jobs there.  New union jobs everywhere.
A new liberal euphoria is spreading in Connecticut today with the new Lamont administration.  It can be summed up with yet a new tax being dictated to Connecticut Taxpayers.  It can be summed up as being equal to the second state income tax for Connecticut Taxpayers.
It is of course Tolls.
Tolls are a wonderful tax for Connecticut bureaucrats.  Studies have been made on tolls funded with Connecticut Taxpayers monies that are secret in nature.  It is difficult to gain information on them since the Connecticut Democrat Party does not wish to either discuss them nor disclose the amount of tolls they wish to place on the roads.  It was not an issue in the last campaign according to the state media. 
What is lost in the debate about tolls is both the economic impact it will have on the state increasing the cost of living dramatically for Connecticut Taxpayers and the amount of federal funds that will be lost because tolls have been implemented.  In my opinion there is no possible way tolls will either offset the amount of funding currently being given by the Federal Transit Administration which $703 million dollars (2017)) and or increase revenue for the state unless the state implements the highest toll roads in the country.  Someone in our state government needs to answer this question immediately before any more Connecticut Taxpayers monies are wasted on more "toll studies".  If tolls pass one will argue that Connecticut Taxpayers taxes have now increased by another $703 million dollars plus the costs to implement the tolls.
Naturally those politically connected will be exempt from the tolls through various amendments to the toll bill when enacted.  We as Connecticut Taxpayers will not be.
The new toll costs will be passed on by every business that must travel in the state through higher prices for their goods and services.  The cost of living in Connecticut will skyrocket again.  The working middle class will once again be forced to sacrifice to pay this new tax and their standard of living will become lower again thanks to these new tolls.
Thus in 2019 we will be entering our 28th year of the recession in Connecticut.  Connecticut will once again be last in all economic development and job creation categories, first in the country in state tax rates and highest local property taxes, first in the country with net population loss, and last in consumer confidence.
The new flight from Connecticut has started again.  Like it is has been for the past 28 years since 1991.

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