Welcome to One Party Rule

Gov. Dannel P. Malloy announced his long-awaited budget deal on Wednesday. The tax increases include, income, corporation, inheritance, gasoline, alcohol, cigarettes, luxury car and yachts, and hotels among other things.


For instance, if you were looking to buy a Mercedes Benz S 550 which comes in at just about 100k, it will now cost you another seven thousand bucks.

But you can still get a haircut and clip coupons. It’s a good thing because after all these taxes kick in we won’t have much folding money left to.

Oh yeah, and we are still waiting for the unions to cough up the 2 billion dollars in concessions over the next two years.

Larry Dorman, chief spokesman for the union coalition, known as SEBAC, said that the state still needs to soak the greedy corporations and evil rich people tooling around in their luxury chariots like the aforementioned Mercedes.

Dorman says, “"We would still like to see much more asked from big multi-state businesses and the very rich who have so far been the only ones to share in our state's so-called economic recovery.''

On the other hand Republicans offered an alternative budget which while it includes no new taxes, also relies on the as-yet invisible $2 billion in union cuts.

House Speaker Chris Donovan says of the Governor’s budget,

"This is a fair, responsible budget that will move Connecticut forward.''

I agree, The Governor’s budget does indeed move Connecticut forward…just in the wrong direction.

But then, we the voters gave virtually all of the reins of power to party of tax and spend.

Well, Stand by.

 

This post uses quotes from Christopher Keating’s Capital Watch piece.