Public Hearing Alert: Cut the Sales Tax

March 1, 2022

Inflation at 40 year high as war expected to push prices up even further.

Public Hearing on Sales Tax Cut Proposal Scheduled for Thursday, March 3rd

 

Senate Republicans have proposed to reduce the sales tax from 6.35% to 5.99% and eliminate the additional 1% meals tax through the end of calendar year 2022.

 

Surging revenues could enable the state to reduce the sales tax even further or extend the reduction into next year.

 

The current proposal using revenue estimates from January will result is a temporary tax reduction totaling $315.1 million ($132.3 million in FY 22 and $182.8 million in FY 23) during the difficult months ahead.

 

The state budget remains whole even with this tax reduction, and historic contributions to the state’s rainy day fund would be preserved under this plan.

 

The public can weigh in on the proposed tax cut by submitting written testimony or testifying virtually on Thursday.

 

To submit written testimony:

  1. Send an email to [email protected].
  2. In the subject line, write:  I Support Senate Bill 22
  3. Include your name and town

 

To testify virtually on Thursday, March 3rd at the 9:30 AM hearing:

  1. Register to testify virtually using the Online Testimony Registration Form (registration will close on Wednesday, March 2, 2022 at 3:00 P.M.) If you do not have internet access, you may provide testimony via telephone.  To register to testify by phone, call the Phone Registrant Line at (860) 240-0462 to leave your contact information.
  2. Email written testimony in Word or PDF format to [email protected].  Testimony should clearly state your name and “I Support Senate Bill 22.”

 

Speakers will be limited to three minutes of testimony.  The Committee encourages witnesses to submit a written statement and to condense oral testimony to a summary of that statement. After registering, you can find your speaker order number posted on the Finance, Revenue and Bonding Committee website on Wednesday, March 2, 2022 at 6:00 P.M. under Public Hearing Testimony. The public hearing can be viewed via YouTube Live.  In addition, the public hearing may be recorded and broadcast live on CT-N.com. 

 

Learn more about the sales tax cut proposal at BetterWayCT.com. The proposal is part of the Senate Republican leaders’ “Better Way to an Affordable Connecticut” plan.