Statement Responding to Democrat Lawmakers’ Tax Proposal
May 1, 2019Senate Republican Leader Len Fasano (R-North Haven) released the following statement in response to details released regarding the Democrat-controlled Finance, Revenue and Bonding Committee’s revenue proposal. Summary documents indicate the budget contains over $1 billion in higher taxes, fees and one-time-revenue.
“No one should be surprised by the level of new taxes that will impact every person in our state. This budget contains much more than a tax on the wealthy. This includes higher taxes on everyone. It steals transportation dollars, further hurting Connecticut’s infrastructure and bankrupting our Special Transportation Fund. It moves our state in the opposite direction of the progress we have made over the last two years in our bipartisan budgets. The proposal we have before us today is exactly what Democrats tried to pass two years ago. They couldn’t pass it then, but now that they are back in power they are going right back to their old playbook, turning to the tax and spend policies that have devastated our state before.
“This budget also destroys Gov. Lamont’s ‘debt diet’ and implements a capital gains tax the governor repeatedly said he would not support. Yet again we are seeing the governor get pushed around by members of his own party. Is he going to take a stand on anything, or is he going to continue operating in fear of Democrat legislators?”