Budget Takes More from Middle Class While Killing Jobs

Budget Takes More from Middle Class While Killing Jobs by Suzanne Bates | Jun 1, 2015 | Tax and Budget | 0 comments As we near a vote on this year’s budget, it should be very clear to lawmakers that Connecticut residents – their constituents – do not want them to raise taxes. They want them to cut spending. As news about budget “compromise” trickles out, it is clear that state leaders have ignored pleas not to raise taxes: The latest news reports suggest every middle-class homeowner will pay another $100 per year in income taxes. It increases taxes on businesses by $500 million over two years – a 73 percent increase. This budget ignores calls from residents and editorial pages across the state to ask state employees to deliver on $253 million in promised concessions. And this budget blows through the state’s constitutional spending cap. As we reached out to people during this legislative session to let them know about the proposed tax hikes, what we heard back was a tremendous outpouring of frustration and anger. And this was from people across the political spectrum. The message was clear: No tax increases. Cut spending. Stick to the constitutional spending cap. Here are a few actual quotes from Connecticut residents: “Connecticut residents can’t afford higher taxes! The middle class is being pushed out of the state! STOP the spending!” “Regardless of which political party we identify with, how can we continue to dive deeper into debt and expect others to pay for it through more taxes or in following generations? We need leadership who take responsibility.” “This will be...