Sen. Frantz Calls Democrat Budget Out of Touch [Video]

June 25, 2009

Hartford, CT State Senator L. Scott Frantz (R-Greenwich) today voted against a Democratic led budget proposal that would increase taxes in Connecticut by approximately $2.25 billion. The measure, which passed the Senate by a slim 19-16 margin, includes a 30% estate tax surcharge as well as a 25% corporate tax surcharge. The budget also calls for an additional $1.5 billion increase to the states income tax, including a 50% increase to the states top earners. Sen. Frantz said he is extremely disappointed and this massive tax increase would put Connecticut in an even worse financial position.