Greenwich delegation opposes fiscally irresponsible budget

State Representatives Livvy Floren (R-149), Mike Bocchino (R-150), and Fred Camillo (R-151) opposed a controversial spending package which includes $1.5 billion in tax hikes on middle-class property owners, bases revenue on gambling projects like keno, and increases taxes on struggling hospitals.

The Democrats’ budget eradicates the constitutional spending cap by not accounting for debt service and increases spending by $784 million over the next year without addressing outstanding debt — a huge component to Connecticut’s previous bookkeeping practices.

“This proposal is dangerous to Connecticut’s future as it balances itself on the backs of working families and companies that make up Connecticut’s core population,” said Rep. Floren.

“Rather than solving the systematic issues that have caused our deficit, we are adding to them. The budget increases spending and not only causes immediate adverse ramifications but leaves our debt to our children and grandchildren. Simply stated Connecticut cannot attract jobs and grow with this kind of budget,” said Rep. Bocchino.

“As legislators we have a responsibility to do things that are in the best interest of our constituents, and of our state. The majority party has failed our state with this budget. This budget takes aim at the middle class and working families in this state and gives major employers further incentive to leave the state,” said Rep. Camillo. Furthermore, selective and discriminatory taxation of particular industries, all done without public hearings, is neither transparent nor fair and equitable. “

These tax increases will have the largest impact on our already struggling middle class families. It is estimated that these tax hikes will cost consumers $136.8 million in the first year and $142.6 million in the second year. It also:

Lifts of sales tax exemptions on goods and services such as clothing and footwear

Maintains the state’s 6.35 percent sales tax despite earlier reports that the rate would be reduced as an offset of the loss from the clothing exemption

Reduces tax credits like the current $300 Property Tax Credit maximum, which will decrease to $200, and impact every homeowner in the state and come on the heels of a previous reduction from $500 in 2011

Cuts computer and data processing services rate from 2.5 percent back to 1.0 percent

Implements a unitary tax

Implements a computer and data processing services rate from 2.5 percent

The plan passed the House with all Republicans and 11 Democrats voting in opposition.

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